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Equity curve

GM ICP [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
4.0
3M volatility
21.9%
Age
1.8 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 196.6% 133.1% 40.2% 18.4% 19.2%
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 196.6% 133.1% 40.2% 18.4% 19.2%

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#28#63#109#105#29#139
Ranking on Arbitrum One#5#24#46#48#4#44
Ranking on GMX#7#29#46#54#4#47
CAGR (net)452.7%196.6%133.1%40.2%18.4%19.2%
CAGR (gross)452.7%196.6%133.1%40.2%18.4%19.2%
Returns (net)4.0%9.8%26.6%18.3%18.4%37.7%
Returns (gross)4.0%9.8%26.6%18.3%18.4%37.7%
Sharpe ratio---6.123.971.290.760.84
Max drawdown-0.5%-0.5%-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 TVL154,711.695 USDC
Peak TVL1,783,346.446 USDC
Last share price1.38 USDC
Last updated
Last updated block507,999,376
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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