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Equity curve

GM ORDI [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
0.6
3M volatility
50.3%
Age
2.1 years
Maximum drawdown
-30.4%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 301.5% 18.5% 175.1% 22.4% 32.0%
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 301.5% 18.5% 175.1% 22.4% 32.0%

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
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#1127#146#211#19#76#85
Ranking on Arbitrum One#214#81#103#4#17#18
Ranking on GMX#125#77#97#3#11#18
CAGR (net)-85.2%301.5%18.5%175.1%22.4%32.0%
CAGR (gross)-85.2%301.5%18.5%175.1%22.4%32.0%
Returns (net)-3.6%12.1%4.3%64.6%22.4%77.4%
Returns (gross)-3.6%12.1%4.3%64.6%22.4%77.4%
Sharpe ratio-10.134.060.581.500.580.78
Max drawdown-3.6%-3.6%-23.0%-23.0%-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 TVL373,118.005 USDC
Peak TVL1,518,021.58 USDC
Last share price1.772 USDC
Last updated
Last updated block503,023,039
Data refreshed at
Data starts2024-08-14 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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