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Equity curve

GM LTC [WAVAX-USDC]
BTC
ETH

Other metrics

3M Sharpe
-0.6
3M volatility
35.6%
Age
3.0 years
Maximum drawdown
-50.5%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 253.2% -24.6% -16.5% -36.7% 46.2%
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 253.2% -24.6% -16.5% -36.7% 46.2%

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 WAVAX 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: LTC/USD — the price market for which traders take long and short positions.
  • Long backing token: WAVAX — 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#42#159#1181#1203#1233#52
Ranking on Avalanche C-chain#2#5#39#41#45#4
Ranking on GMX#35#88#128#123#123#10
CAGR (net)1,985.2%253.2%-24.6%-16.5%-36.7%46.2%
CAGR (gross)1,985.2%253.2%-24.6%-16.5%-36.7%46.2%
Returns (net)6.0%10.9%-6.7%-8.5%-36.6%206.9%
Returns (gross)6.0%10.9%-6.7%-8.5%-36.6%206.9%
Sharpe ratio8.495.43-0.60-0.57-1.080.96
Max drawdown-0.8%-0.8%-16.5%-18.1%-50.5%-50.5%

Technical Details

Pool nameGM LTC [WAVAX-USDC]
Pool address0xa74586743249243d3b77335e15fe768ba8e1ec5a
Chain Avalanche C-chain (43114)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL59,980.23 USDC
Peak TVL328,492.512 USDC
Last share price2.282 USDC
Last updated
Last updated block94,853,734
Data refreshed at
Data starts2023-09-27 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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