Equity curve

GM MEGA [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.9
3M volatility
38.0%
Age
0.5 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross -7.5% 91.3% --- --- 20.4%
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 -7.5% 91.3% --- --- 20.4%

* 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: MEGA/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.

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
ErrorSample duration 20 days 15:03:47 exceeds tolerance 12 days 00:00:00---------------
Ranking overall---#1029#116------#129
Ranking on Arbitrum One---#159#58------#41
Ranking on GMX---#74#57------#40
CAGR (net)----7.5%91.3%------20.4%
CAGR (gross)----7.5%91.3%------20.4%
Returns (net)----0.6%17.5%8.7%8.7%8.7%
Returns (gross)----0.6%17.5%8.7%8.7%8.7%
Sharpe ratio----0.461.870.730.730.73
Max drawdown----3.4%-3.8%-15.0%-15.0%-15.0%

Technical Details

Pool nameGM MEGA [WETH-USDC]
Pool address0xe26e7b91143f367445f1c0a5dcf4f4ac8eadcdb1
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL78,637.495 USDC
Peak TVL745,853.465 USDC
Last share price1.068 USDC
Last updated
Last updated block514,034,410
Data refreshed at
Data starts2026-04-30 12:52:05 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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