Equity curve

GM LTC [WAVAX-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.7
3M volatility
35.0%
Age
3.1 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 181.2% 140.1% 9.6% -26.3% 49.7%
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 181.2% 140.1% 9.6% -26.3% 49.7%

* 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#1180#25#70#211#549#56
Ranking on Avalanche C-chain#30#6#2#14#25#5
Ranking on GMX#70#17#26#87#91#8
CAGR (net)-96.6%181.2%140.1%9.6%-26.3%49.7%
CAGR (gross)-96.6%181.2%140.1%9.6%-26.3%49.7%
Returns (net)-6.6%9.1%24.1%5.1%-26.3%243.7%
Returns (gross)-6.6%9.1%24.1%5.1%-26.3%243.7%
Sharpe ratio---2.132.670.45-0.651.01
Max drawdown-6.6%-10.2%-10.2%-16.5%-41.4%-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 TVL68,406.407 USDC
Peak TVL328,492.512 USDC
Last share price2.55 USDC
Last updated
Last updated block97,975,318
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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