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  • Deposits may be disabled for this pool

Equity curve

GM MELANIA [WAVAX-USDC]
BTC
ETH

Other metrics

3M Sharpe
0.6
3M volatility
16.4%
Age
1.6 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 88.4% 9.4% -12.7% --- -27.6%
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 88.4% 9.4% -12.7% --- -27.6%

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: MELANIA/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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Transaction status

Deposits GMX product disabled
Redemptions Open

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 41 days 04:51:52 exceeds tolerance 12 days 00:00:00---------Sample duration 424 days 08:37:51 exceeds tolerance 410 days 00:00:00---
Ranking overall------------------
Ranking on Avalanche C-chain------------------
Ranking on GMX------------------
CAGR (net)---88.4%9.4%-12.7%----27.6%
CAGR (gross)---88.4%9.4%-12.7%----27.6%
Returns (net)---7.4%2.6%-7.9%----40.6%
Returns (gross)---7.4%2.6%-7.9%----40.6%
Sharpe ratio---2.980.63-0.70----0.72
Max drawdown---0.0%-4.5%-14.3%----52.8%

Technical Details

Pool nameGM MELANIA [WAVAX-USDC]
Pool address0xe19da27bf9733c429445e289b662becdca6ce10b
Chain Avalanche C-chain (43114)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL52,591.391 USDC
Peak TVL159,515.818 USDC
Last share price0.619 USDC
Last updated
Last updated block95,448,581
Data refreshed at
Data starts2025-02-03 17:11:35 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_gm, share_price_equivalence
Strategy tags---
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusGMX product disabled
Redemption statusOpen

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