GM NEAR [WETH-USDC]
View on GMX Update info- #172 overall
- #94 on
- #96 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 181.7% | 228.3% | 51.3% | -14.7% | 16.5% | |
| 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 | 181.7% | 228.3% | 51.3% | -14.7% | 16.5% |
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: NEAR/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.
Xerberus risk rating
74 View more View less
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 | #1136 | #172 | #57 | #70 | #1160 | #152 |
| Ranking on Arbitrum One | #219 | #94 | #21 | #31 | #186 | #51 |
| Ranking on GMX | #128 | #96 | #19 | #30 | #76 | #45 |
| CAGR (net) | -91.8% | 181.7% | 228.3% | 51.3% | -14.7% | 16.5% |
| CAGR (gross) | -91.8% | 181.7% | 228.3% | 51.3% | -14.7% | 16.5% |
| Returns (net) | -4.7% | 8.9% | 34.0% | 22.7% | -14.7% | 47.4% |
| Returns (gross) | -4.7% | 8.9% | 34.0% | 22.7% | -14.7% | 47.4% |
| Sharpe ratio | -11.62 | 2.68 | 4.12 | 1.60 | -0.36 | 0.62 |
| Max drawdown | -4.7% | -6.0% | -6.0% | -17.0% | -37.1% | -38.8% |
Technical Details
| Pool name | GM NEAR [WETH-USDC] |
| Pool address | 0x63dc80ee90f26363b3fcd609007cc9e14c8991be |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 307,270.642 USDC |
| Peak TVL | 7,982,450.975 USDC |
| Last share price | 1.492 USDC |
| Last updated | |
| Last updated block | 503,985,377 |
| Data refreshed at | |
| Data starts | 2024-02-28 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 |
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