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Equity curve

GM MORPHO [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.3
3M volatility
41.7%
Age
1.1 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 79.6% 144.0% 27.2% -17.3% -12.6%
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 79.6% 144.0% 27.2% -17.3% -12.6%

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 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: MORPHO/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
ErrorSample duration 27 days 02:47:03 exceeds tolerance 12 days 00:00:00---------------
Ranking overall------------------
Ranking on Arbitrum One---#31#35#52#143#227
Ranking on GMX---#34#36#58#77#113
CAGR (net)---79.6%144.0%27.2%-17.3%-12.6%
CAGR (gross)---79.6%144.0%27.2%-17.3%-12.6%
Returns (net)---4.9%24.6%12.7%-17.4%-13.6%
Returns (gross)---4.9%24.6%12.7%-17.4%-13.6%
Sharpe ratio---3.662.320.89-0.47-0.30
Max drawdown----1.1%-1.9%-12.9%-33.7%-33.7%

Technical Details

Pool nameGM MORPHO [WETH-USDC]
Pool address0x4de268ac68477f794c3eac5a419cbcffc2cd5e02
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL31,309.103 USDC
Peak TVL776,577.818 USDC
Last share price0.861 USDC
Last updated
Last updated block512,902,706
Data refreshed at
Data starts2025-09-04 17:02:20 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_gm, share_price_equivalence
Strategy tags---
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

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