GM INJ [WBTC-USDC]
View on GMX Update infoEquity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 94.0% | 64.1% | 32.3% | -10.6% | 5.0% | |
| 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 | 94.0% | 64.1% | 32.3% | -10.6% | 5.0% |
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: 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.
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
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Error | Sample duration 20 days 07:44:37 exceeds tolerance 12 days 00:00:00 | --- | --- | --- | --- | --- |
| Ranking overall | --- | #100 | #164 | #124 | #474 | #574 |
| Ranking on Arbitrum One | --- | #46 | #90 | #61 | #116 | #116 |
| Ranking on GMX | --- | #54 | #89 | #67 | #52 | #79 |
| CAGR (net) | --- | 94.0% | 64.1% | 32.3% | -10.6% | 5.0% |
| CAGR (gross) | --- | 94.0% | 64.1% | 32.3% | -10.6% | 5.0% |
| Returns (net) | --- | 8.5% | 13.2% | 17.8% | -10.6% | 8.9% |
| Returns (gross) | --- | 8.5% | 13.2% | 17.8% | -10.6% | 8.9% |
| Sharpe ratio | --- | 1.65 | 1.66 | 1.08 | -0.26 | 0.32 |
| Max drawdown | --- | -8.8% | -8.8% | -18.3% | -30.0% | -30.6% |
Technical Details
| Pool name | GM INJ [WBTC-USDC] |
| Pool address | 0x16466a03449cb9218eb6a980aa4a44aaced27c25 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 238,201.405 USDC |
| Peak TVL | 442,022.825 USDC |
| Last share price | 1.082 USDC |
| Last updated | |
| Last updated block | 508,484,075 |
| Data refreshed at | |
| Data starts | 2024-12-27 17:57:20 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| Strategy tags | --- |
| Flags | liquidity_provision, market_making |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter