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Equity curve

GM ONDO [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
3.6
3M volatility
31.3%
Age
1.5 years
Maximum drawdown
-47.9%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 299.1% 196.1% 17.6% -23.7% 5.4%
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 299.1% 196.1% 17.6% -23.7% 5.4%

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#1006#150#65#185#1190#536
Ranking on Arbitrum One#177#85#24#87#214#106
Ranking on GMX#92#81#22#85#101#72
CAGR (net)-17.2%299.1%196.1%17.6%-23.7%5.4%
CAGR (gross)-17.2%299.1%196.1%17.6%-23.7%5.4%
Returns (net)-0.4%12.0%30.7%8.3%-23.7%8.4%
Returns (gross)-0.4%12.0%30.7%8.3%-23.7%8.4%
Sharpe ratio-10.573.593.620.69-0.720.32
Max drawdown-0.4%-0.4%-0.4%-24.3%-47.9%-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 TVL285,068.804 USDC
Peak TVL2,857,976.347 USDC
Last share price1.099 USDC
Last updated
Last updated block503,056,199
Data refreshed at
Data starts2025-02-22 00:00:00 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_gm, share_price_equivalence
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

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