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Equity curve

GM LTC [WAVAX-USDC]
BTC
ETH

Other metrics

3M Sharpe
3.6
3M volatility
31.5%
Age
3.0 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 1,752.8% 200.0% 30.4% -28.7% 54.5%
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 1,752.8% 200.0% 30.4% -28.7% 54.5%

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 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#1074#9#76#129#528#55
Ranking on Avalanche C-chain#33#1#6#12#20#4
Ranking on GMX#68#1#26#70#89#9
CAGR (net)-68.8%1,752.8%200.0%30.4%-28.7%54.5%
CAGR (gross)-68.8%1,752.8%200.0%30.4%-28.7%54.5%
Returns (net)-3.2%27.7%34.2%14.0%-28.9%270.5%
Returns (gross)-3.2%27.7%34.2%14.0%-28.9%270.5%
Sharpe ratio---5.853.630.98-0.711.06
Max drawdown-4.8%-4.8%-4.8%-16.5%-49.1%-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 TVL73,489.614 USDC
Peak TVL328,492.512 USDC
Last share price2.748 USDC
Last updated
Last updated block96,499,068
Data refreshed at
Data starts2023-09-27 18:20:08 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

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