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Equity curve

GM MNT [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.8
3M volatility
29.8%
Age
1.1 years
Maximum drawdown
-35.1%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
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.

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------------------
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-7.223.632.821.22-0.52-0.06
Max drawdown-1.5%-1.5%-1.9%-13.7%-33.9%-35.1%

Technical Details

Pool nameGM MNT [WETH-USDC]
Pool address0x40daeac02dcf6b3c51f9151f532c21dcef2f7e63
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL40,462.703 USDC
Peak TVL900,881.178 USDC
Last share price0.946 USDC
Last updated
Last updated block504,049,665
Data refreshed at
Data starts2025-08-06 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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