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Equity curve

GM ICP [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
3.8
3M volatility
21.4%
Age
1.8 years
Maximum drawdown
-17.5%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 377.6% 118.6% 31.1% 16.6% 16.0%
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 377.6% 118.6% 31.1% 16.6% 16.0%

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
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#61#130#96#113#100#156
Ranking on Arbitrum One#43#69#44#59#21#53
Ranking on GMX#49#65#43#57#13#47
CAGR (net)438.7%377.6%118.6%31.1%16.6%16.0%
CAGR (gross)438.7%377.6%118.6%31.1%16.6%16.0%
Returns (net)3.3%13.7%21.3%14.3%16.6%30.3%
Returns (gross)3.3%13.7%21.3%14.3%16.6%30.3%
Sharpe ratio11.134.863.751.070.700.73
Max drawdown0.0%0.0%-1.5%-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 TVL405,413.692 USDC
Peak TVL1,783,346.446 USDC
Last share price1.306 USDC
Last updated
Last updated block503,498,769
Data refreshed at
Data starts2024-11-28 00:00:00 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_gm, share_price_equivalence
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

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