Equity curve

GM KAS [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.6
3M volatility
37.0%
Age
1.1 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 194.9% 146.7% 46.2% -4.0% -2.8%
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 194.9% 146.7% 46.2% -4.0% -2.8%

* 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: KAS/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

View more View less

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 39 days 20:51:36 exceeds tolerance 12 days 00:00:00---------------
Ranking overall------------------
Ranking on Arbitrum One---#12#27#28#101#212
Ranking on GMX---#15#23#30#35#101
CAGR (net)---194.9%146.7%46.2%-4.0%-2.8%
CAGR (gross)---194.9%146.7%46.2%-4.0%-2.8%
Returns (net)---12.5%24.9%24.2%-4.0%-3.2%
Returns (gross)---12.5%24.9%24.2%-4.0%-3.2%
Sharpe ratio---3.022.611.42-0.030.01
Max drawdown---0.0%-1.2%-12.5%-26.7%-28.0%

Technical Details

Pool nameGM KAS [WBTC-USDC]
Pool address0x4024418592450e4d62fab15e2f833fc03a3447dc
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL29,263.012 USDC
Peak TVL417,993.099 USDC
Last share price0.973 USDC
Last updated
Last updated block515,724,594
Data refreshed at
Data starts2025-08-24 16:04:25 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

Stay ahead with the best new vaults and essential DeFi updates.

Subscribe to Trading Strategy newsletter