GM NEAR [WETH-USDC]
View on GMX Update info- #120 overall
- #51 on
- #47 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 15.3% | 3.2% | 3.6% | -8.7% | 11.9% | |
| 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 | 15.3% | 3.2% | 3.6% | -8.7% | 11.9% |
* 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 | #59 | #120 | #793 | #546 | #489 | #201 |
| Ranking on Arbitrum One | #19 | #51 | #153 | #127 | #118 | #62 |
| Ranking on GMX | #15 | #47 | #109 | #100 | #50 | #57 |
| CAGR (net) | 34.0% | 15.3% | 3.2% | 3.6% | -8.7% | 11.9% |
| CAGR (gross) | 34.0% | 15.3% | 3.2% | 3.6% | -8.7% | 11.9% |
| Returns (net) | 0.6% | 1.3% | 0.8% | 1.8% | -8.8% | 34.8% |
| Returns (gross) | 0.6% | 1.3% | 0.8% | 1.8% | -8.8% | 34.8% |
| Sharpe ratio | --- | 1.26 | 0.25 | 0.26 | -0.18 | 0.50 |
| Max drawdown | -0.3% | -3.0% | -16.8% | -16.8% | -27.8% | -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 | 977,936.971 USDC |
| Peak TVL | 8,029,638.898 USDC |
| Last share price | 1.355 USDC |
| Last updated | |
| Last updated block | 518,407,252 |
| Data refreshed at | |
| Data starts | 2024-02-28 14:57:10 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| Strategy tags | --- |
| Flags | liquidity_provision, market_making |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
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