GM LDO [WETH-USDC]
View on GMX Update infoEquity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 231.2% | 70.1% | 17.1% | -22.1% | 7.5% | |
| 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 | 231.2% | 70.1% | 17.1% | -22.1% | 7.5% |
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 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 | #1003 | #56 | #158 | #183 | #518 | #347 |
| Ranking on Arbitrum One | #137 | #18 | #85 | #89 | #146 | #87 |
| Ranking on GMX | #50 | #23 | #84 | #92 | #82 | #72 |
| CAGR (net) | -15.5% | 231.2% | 70.1% | 17.1% | -22.1% | 7.5% |
| CAGR (gross) | -15.5% | 231.2% | 70.1% | 17.1% | -22.1% | 7.5% |
| Returns (net) | -0.4% | 17.2% | 17.0% | 8.2% | -22.2% | 12.4% |
| Returns (gross) | -0.4% | 17.2% | 17.0% | 8.2% | -22.2% | 12.4% |
| Sharpe ratio | --- | 3.22 | 2.03 | 0.72 | -0.74 | 0.38 |
| Max drawdown | -0.4% | -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 | 88,061.277 USDC |
| Peak TVL | 1,078,951.591 USDC |
| Last share price | 1.129 USDC |
| Last updated | |
| Last updated block | 506,996,981 |
| Data refreshed at | |
| Data starts | 2025-02-07 13:54:34 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| Strategy tags | --- |
| 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