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Equity curve

GM INJ [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.7
3M volatility
33.1%
Age
1.7 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
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.

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
ErrorSample 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---1.651.661.08-0.260.32
Max drawdown----8.8%-8.8%-18.3%-30.0%-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 TVL238,201.405 USDC
Peak TVL442,022.825 USDC
Last share price1.082 USDC
Last updated
Last updated block508,484,075
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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