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Equity curve

GM MET [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
0.3
3M volatility
36.7%
Age
0.6 years
Maximum drawdown
-12.4%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 174.7% 3.4% 24.5% 20.4% 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 174.7% 3.4% 24.5% 20.4% 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 WBTC 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: MET/USD — the price market for which traders take long and short positions.
  • Long backing token: WBTC — 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#1092#174#807#146#82#126
Ranking on Arbitrum One#202#96#152#73#18#38
Ranking on GMX#113#98#106#72#12#37
CAGR (net)-63.6%174.7%3.4%24.5%20.4%20.4%
CAGR (gross)-63.6%174.7%3.4%24.5%20.4%20.4%
Returns (net)-1.9%8.7%0.8%11.4%11.4%11.4%
Returns (gross)-1.9%8.7%0.8%11.4%11.4%11.4%
Sharpe ratio-3.722.730.280.930.860.86
Max drawdown-3.1%-3.1%-12.4%-12.4%-12.4%-12.4%

Technical Details

Pool nameGM MET [WBTC-USDC]
Pool address0xba30e198cffebef0a84d6943cc8b2e356e324112
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL120,874.5 USDC
Peak TVL173,537.182 USDC
Last share price1.119 USDC
Last updated
Last updated block504,740,497
Data refreshed at
Data starts2026-02-13 00:00:00 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_gm, share_price_equivalence
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

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