Equity curve

GM ONDO [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.9
3M volatility
30.1%
Age
1.7 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 5.9% 131.5% 21.6% -14.2% 8.2%
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 5.9% 131.5% 21.6% -14.2% 8.2%

* 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#1027#393#77#113#520#333
Ranking on Arbitrum One#118#74#33#59#138#78
Ranking on GMX#30#57#32#63#69#67
CAGR (net)-11.1%5.9%131.5%21.6%-14.2%8.2%
CAGR (gross)-11.1%5.9%131.5%21.6%-14.2%8.2%
Returns (net)-0.2%0.5%29.1%10.3%-14.4%14.0%
Returns (gross)-0.2%0.5%29.1%10.3%-14.4%14.0%
Sharpe ratio---0.382.930.84-0.380.40
Max drawdown-1.0%-4.9%-4.9%-22.6%-40.3%-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 TVL414,464.742 USDC
Peak TVL2,857,976.347 USDC
Last share price1.154 USDC
Last updated
Last updated block518,694,253
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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