GM ONDO [WETH-USDC]
View on GMX Update infoEquity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| 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.
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 | #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 | --- | 2.12 | 3.12 | 0.84 | -0.72 | 0.40 |
| Max drawdown | -4.9% | -4.9% | -4.9% | -24.3% | -45.8% | -47.9% |
Technical Details
| Pool name | GM ONDO [WETH-USDC] |
| Pool address | 0xa8a455ed94b315460cff7d96966d91330f6a3ba0 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 185,414.88 USDC |
| Peak TVL | 2,857,976.347 USDC |
| Last share price | 1.146 USDC |
| Last updated | |
| Last updated block | 513,357,762 |
| Data refreshed at | |
| Data starts | 2025-02-22 00:16:45 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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