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Equity curve

GM ONDO [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
3.1
3M volatility
32.4%
Age
1.6 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 62.6% 163.1% 21.8% -23.8% 7.9%
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 62.6% 163.1% 21.8% -23.8% 7.9%

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: ONDO/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#993#135#88#153#530#336
Ranking on Arbitrum One#138#62#32#75#151#84
Ranking on GMX#59#66#33#82#83#72
CAGR (net)-82.3%62.6%163.1%21.8%-23.8%7.9%
CAGR (gross)-82.3%62.6%163.1%21.8%-23.8%7.9%
Returns (net)-4.0%4.3%28.1%10.3%-23.8%13.2%
Returns (gross)-4.0%4.3%28.1%10.3%-23.8%13.2%
Sharpe ratio---2.123.120.84-0.720.40
Max drawdown-4.9%-4.9%-4.9%-24.3%-45.8%-47.9%

Technical Details

Pool nameGM ONDO [WETH-USDC]
Pool address0xa8a455ed94b315460cff7d96966d91330f6a3ba0
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL185,414.88 USDC
Peak TVL2,857,976.347 USDC
Last share price1.146 USDC
Last updated
Last updated block513,357,762
Data refreshed at
Data starts2025-02-22 00:16:45 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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