GM MEGA [WETH-USDC]
View on GMX Update info- #116 overall
- #55 on
- #52 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 475.0% | 113.2% | 26.7% | 26.7% | 26.7% | |
| 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 | 475.0% | 113.2% | 26.7% | 26.7% | 26.7% |
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 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.
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 | #1083 | #116 | #99 | #131 | #64 | #100 |
| Ranking on Arbitrum One | #200 | #55 | #48 | #67 | #14 | #27 |
| Ranking on GMX | #111 | #52 | #47 | #66 | #9 | #27 |
| CAGR (net) | -61.0% | 475.0% | 113.2% | 26.7% | 26.7% | 26.7% |
| CAGR (gross) | -61.0% | 475.0% | 113.2% | 26.7% | 26.7% | 26.7% |
| Returns (net) | -1.8% | 15.5% | 20.5% | 9.2% | 9.2% | 9.2% |
| Returns (gross) | -1.8% | 15.5% | 20.5% | 9.2% | 9.2% | 9.2% |
| Sharpe ratio | -10.19 | 2.99 | 2.19 | 0.85 | 0.85 | 0.85 |
| Max drawdown | -2.2% | -3.8% | -3.8% | -15.0% | -15.0% | -15.0% |
Technical Details
| Pool name | GM MEGA [WETH-USDC] |
| Pool address | 0xe26e7b91143f367445f1c0a5dcf4f4ac8eadcdb1 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 56,951.883 USDC |
| Peak TVL | 745,185.747 USDC |
| Last share price | 1.069 USDC |
| Last updated | |
| Last updated block | 504,885,282 |
| Data refreshed at | |
| Data starts | 2026-04-30 00:00:00 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| 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