GM LDO [WETH-USDC]
View on GMX Update info- #105 overall
- #49 on
- #46 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 623.2% | 91.8% | 25.1% | -21.2% | 7.9% | |
| 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 | 623.2% | 91.8% | 25.1% | -21.2% | 7.9% |
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 WETH 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: LDO/USD — the price market for which traders take long and short positions.
- Long backing token: WETH — 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 |
|---|---|---|---|---|---|---|
| Ranking overall | #77 | #105 | #120 | #140 | #1181 | #328 |
| Ranking on Arbitrum One | #52 | #49 | #63 | #70 | #205 | #86 |
| Ranking on GMX | #62 | #46 | #61 | #69 | #94 | #69 |
| CAGR (net) | 150.8% | 623.2% | 91.8% | 25.1% | -21.2% | 7.9% |
| CAGR (gross) | 150.8% | 623.2% | 91.8% | 25.1% | -21.2% | 7.9% |
| Returns (net) | 1.8% | 17.6% | 17.4% | 11.6% | -21.2% | 12.8% |
| Returns (gross) | 1.8% | 17.6% | 17.4% | 11.6% | -21.2% | 12.8% |
| Sharpe ratio | 4.49 | 4.22 | 2.28 | 0.93 | -0.70 | 0.39 |
| Max drawdown | -0.8% | -1.6% | -3.4% | -16.7% | -36.2% | -36.2% |
Technical Details
| Pool name | GM LDO [WETH-USDC] |
| Pool address | 0xe61e608ba010ff48a7dce8edd8b906744263d33e |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 68,848.453 USDC |
| Peak TVL | 1,078,951.591 USDC |
| Last share price | 1.134 USDC |
| Last updated | |
| Last updated block | 504,274,676 |
| Data refreshed at | |
| Data starts | 2025-02-07 00:00:00 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| 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