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Equity curve

GM JUP [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.8
3M volatility
23.3%
Age
1.5 years
Maximum drawdown
-27.6%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 300.7% 48.6% 34.7% -10.7% -1.3%
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 300.7% 48.6% 34.7% -10.7% -1.3%

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: JUP/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#1069#147#159#101#1144#1167
Ranking on Arbitrum One#194#82#90#51#173#200
Ranking on GMX#107#78#86#50#65#84
CAGR (net)-47.4%300.7%48.6%34.7%-10.7%-1.3%
CAGR (gross)-47.4%300.7%48.6%34.7%-10.7%-1.3%
Returns (net)-1.2%12.1%10.3%15.8%-10.7%-1.9%
Returns (gross)-1.2%12.1%10.3%15.8%-10.7%-1.9%
Sharpe ratio-7.074.631.811.20-0.310.06
Max drawdown-1.8%-1.8%-7.3%-14.3%-27.6%-27.6%

Technical Details

Pool nameGM JUP [WBTC-USDC]
Pool address0x7de8e1a1fba845a330a6bd91118afda09610fb02
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL152,206.898 USDC
Peak TVL732,397.352 USDC
Last share price0.972 USDC
Last updated
Last updated block503,753,262
Data refreshed at
Data starts2025-03-06 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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