GM MELANIA [WAVAX-USDC]
View on GMX Update info- Deposits may be disabled for this pool
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| 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.
Transaction status
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 |
|---|---|---|---|---|---|---|
| Error | Sample 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 | --- | 2.98 | 0.63 | -0.70 | --- | -0.72 |
| Max drawdown | --- | 0.0% | -4.5% | -14.3% | --- | -52.8% |
Technical Details
| Pool name | GM MELANIA [WAVAX-USDC] |
| Pool address | 0xe19da27bf9733c429445e289b662becdca6ce10b |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 52,591.391 USDC |
| Peak TVL | 159,515.818 USDC |
| Last share price | 0.619 USDC |
| Last updated | |
| Last updated block | 95,448,581 |
| Data refreshed at | |
| Data starts | 2025-02-03 17:11:35 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| Strategy tags | --- |
| Flags | liquidity_provision, market_making |
| Whitelist status | Permissionless |
| Deposit status | GMX product disabled |
| Redemption status | Open |
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