Equity curve

GM ORDI [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.4
3M volatility
25.0%
Age
2.1 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross -11.1% 75.5% --- 24.1% 32.6%
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 -11.1% 75.5% --- 24.1% 32.6%

* 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 WBTC 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: ORDI/USD — the price market for which traders take long and short positions.
  • Long backing token: WBTC — 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
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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
ErrorSample duration 22 days 13:12:43 exceeds tolerance 12 days 00:00:00------Sample duration 237 days 02:27:02 exceeds tolerance 225 days 00:00:00------
Ranking overall---#1060#130---#22#85
Ranking on Arbitrum One---#158#66---#4#19
Ranking on GMX---#70#65---#3#18
CAGR (net)----11.1%75.5%---24.1%32.6%
CAGR (gross)----11.1%75.5%---24.1%32.6%
Returns (net)----1.2%15.4%---24.3%82.4%
Returns (gross)----1.2%15.4%---24.3%82.4%
Sharpe ratio----0.922.35---0.600.79
Max drawdown----3.6%-5.4%----30.4%-30.4%

Technical Details

Pool nameGM ORDI [WBTC-USDC]
Pool address0x93385f7c646a3048051914bdfac25f4d620aedf1
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL96,182.739 USDC
Peak TVL1,518,021.58 USDC
Last share price1.817 USDC
Last updated
Last updated block510,518,978
Data refreshed at
Data starts2024-08-14 16:29:10 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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