Equity curve

GM INJ [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.1
3M volatility
31.4%
Age
1.8 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 2.2% 36.4% --- -12.9% 3.8%
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 2.2% 36.4% --- -12.9% 3.8%

* 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: INJ/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 27 days 10:44:05 exceeds tolerance 12 days 00:00:00------Sample duration 241 days 01:19:05 exceeds tolerance 225 days 00:00:00------
Ranking overall---#898#176---#517#830
Ranking on Arbitrum One---#122#96---#135#141
Ranking on GMX---#60#97---#66#81
CAGR (net)---2.2%36.4%----12.9%3.8%
CAGR (gross)---2.2%36.4%----12.9%3.8%
Returns (net)---0.2%8.8%----13.1%7.0%
Returns (gross)---0.2%8.8%----13.1%7.0%
Sharpe ratio---0.251.13----0.360.27
Max drawdown----2.4%-8.8%----29.5%-30.6%

Technical Details

Pool nameGM INJ [WBTC-USDC]
Pool address0x16466a03449cb9218eb6a980aa4a44aaced27c25
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL272,398.688 USDC
Peak TVL442,022.825 USDC
Last share price1.063 USDC
Last updated
Last updated block517,093,992
Data refreshed at
Data starts2024-12-27 17:57:20 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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