GM MNT [WETH-USDC]
View on GMX Update info- #64 on
- #60 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 417.8% | 122.3% | 31.6% | -16.1% | -5.5% | |
| 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 | 417.8% | 122.3% | 31.6% | -16.1% | -5.5% |
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: MNT/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 | --- | --- | --- | --- | --- | --- |
| Ranking on Arbitrum One | #198 | #64 | #40 | #58 | #190 | #210 |
| Ranking on GMX | #109 | #60 | #40 | #56 | #80 | #93 |
| CAGR (net) | -55.3% | 417.8% | 122.3% | 31.6% | -16.1% | -5.5% |
| CAGR (gross) | -55.3% | 417.8% | 122.3% | 31.6% | -16.1% | -5.5% |
| Returns (net) | -1.5% | 14.5% | 21.8% | 14.5% | -16.1% | -6.0% |
| Returns (gross) | -1.5% | 14.5% | 21.8% | 14.5% | -16.1% | -6.0% |
| Sharpe ratio | -7.22 | 3.63 | 2.82 | 1.22 | -0.52 | -0.06 |
| Max drawdown | -1.5% | -1.5% | -1.9% | -13.7% | -33.9% | -35.1% |
Technical Details
| Pool name | GM MNT [WETH-USDC] |
| Pool address | 0x40daeac02dcf6b3c51f9151f532c21dcef2f7e63 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 40,462.703 USDC |
| Peak TVL | 900,881.178 USDC |
| Last share price | 0.946 USDC |
| Last updated | |
| Last updated block | 504,049,665 |
| Data refreshed at | |
| Data starts | 2025-08-06 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