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Equity curve

GM HYPE [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
3.8
3M volatility
15.9%
Age
1.6 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 53.5% 81.3% 25.1% 2.0% 82.0%
Performance fee Performance 0.0%0.0%0.0%0.0%0.0%
Management fee Management 0.0%0.0%0.0%0.0%0.0%
Deposit fee Deposit 0.0%0.0%0.0%0.0%0.0%
Withdrawal fee Withdrawal 0.0%0.0%0.0%0.0%0.0%
Net Net 53.5% 81.3% 25.1% 2.0% 82.0%

Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.

About the pool

Liquidity providers supply WBTC and USDC to provide liquidity for GMX perpetual trading and swaps. They earn a share of trading, borrowing, liquidation and swap fees, and benefit when traders make net losses. They bear net trader profits and changes in the value of the backing tokens.

  • Index market: HYPE/USD — the price market for which traders take long and short positions.
  • Long backing token: WBTC — backs and settles profitable long positions.
  • Short backing token: USDC — backs and settles profitable short positions.

Running on GMX protocol

This pool is running on GMX:

GMX is a decentralised perpetual and spot exchange whose GM and GLV pools let liquidity providers supply market liquidity and receive a share of protocol fees.

View all GMX pools
Xerberus logo

Xerberus risk rating

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Notes

The vault performance approximates the single-sided USDC deposit value. GMX vaults hold exposure to all underlying tokens they market make

Returns and period details

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#1014#107#132#111#382#33
Ranking on Arbitrum One#120#51#72#58#69#3
Ranking on GMX#27#58#71#66#16#1
CAGR (net)-18.7%53.5%81.3%25.1%2.0%82.0%
CAGR (gross)-18.7%53.5%81.3%25.1%2.0%82.0%
Returns (net)-0.4%3.6%16.0%11.7%2.0%162.3%
Returns (gross)-0.4%3.6%16.0%11.7%2.0%162.3%
Sharpe ratio---2.583.841.390.200.90
Max drawdown-0.6%-2.0%-2.2%-13.1%-19.3%-22.7%

Technical Details

Pool nameGM HYPE [WBTC-USDC]
Pool address0xbcb8fe13d02b023e8f94f6881cc0192fd918a5c0
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL2,535,523.078 USDC
Peak TVL7,893,235.53 USDC
Last share price2.664 USDC
Last updated
Last updated block515,087,806
Data refreshed at
Data starts2025-03-06 09:04:00 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_gm, share_price_equivalence
Strategy tags---
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

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