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Equity curve

GM KAS [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.7
3M volatility
29.2%
Age
1.0 years
Maximum drawdown
-28.0%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 299.1% 59.4% 13.3% -12.6% -13.5%
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 299.1% 59.4% 13.3% -12.6% -13.5%

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

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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#1#149#139#219#1151#1227
Ranking on Arbitrum One#1#84#73#99#177#224
Ranking on GMX#1#80#68#93#69#106
CAGR (net)>9,999%299.1%59.4%13.3%-12.6%-13.5%
CAGR (gross)>9,999%299.1%59.4%13.3%-12.6%-13.5%
Returns (net)12.0%12.0%12.2%6.4%-12.6%-13.9%
Returns (gross)12.0%12.0%12.2%6.4%-12.6%-13.9%
Sharpe ratio6.433.141.730.59-0.46-0.51
Max drawdown-1.2%-1.2%-3.6%-12.5%-28.0%-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 TVL294,833.015 USDC
Peak TVL417,993.099 USDC
Last share price0.865 USDC
Last updated
Last updated block502,781,693
Data refreshed at
Data starts2025-08-24 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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