Equity curve

GM ICP [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
3.4
3M volatility
22.3%
Age
1.9 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross -3.2% 107.3% 19.7% 21.7% 18.0%
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 -3.2% 107.3% 19.7% 21.7% 18.0%

* 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: ICP/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
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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
ErrorSample duration 34 days 10:08:41 exceeds tolerance 12 days 00:00:00---------------
Ranking overall---#1034#103#117#26#138
Ranking on Arbitrum One---#151#46#60#6#43
Ranking on GMX---#64#47#64#5#42
CAGR (net)----3.2%107.3%19.7%21.7%18.0%
CAGR (gross)----3.2%107.3%19.7%21.7%18.0%
Returns (net)----0.3%20.8%9.3%22.5%37.2%
Returns (gross)----0.3%20.8%9.3%22.5%37.2%
Sharpe ratio----0.213.370.760.900.81
Max drawdown----2.7%-2.7%-17.5%-17.5%-17.5%

Technical Details

Pool nameGM ICP [WBTC-USDC]
Pool address0xdc4e96a251ff43eeac710462cd8a9d18dc802f18
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL78,213.097 USDC
Peak TVL1,783,346.446 USDC
Last share price1.376 USDC
Last updated
Last updated block518,760,060
Data refreshed at
Data starts2024-11-28 13:32:43 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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