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Equity curve

GM PENDLE [PENDLE-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.4
3M volatility
49.2%
Age
1.8 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 969.5% 186.6% 139.5% -2.0% 8.8%
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 969.5% 186.6% 139.5% -2.0% 8.8%

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 PENDLE 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: PENDLE/USD — the price market for which traders take long and short positions.
  • Long backing token: PENDLE — 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
ErrorSample duration 23 days 01:51:26 exceeds tolerance 12 days 00:00:00---------------
Ranking overall---#20#80#25#444#301
Ranking on Arbitrum One---#3#28#7#90#82
Ranking on GMX---#7#29#6#27#71
CAGR (net)---969.5%186.6%139.5%-2.0%8.8%
CAGR (gross)---969.5%186.6%139.5%-2.0%8.8%
Returns (net)---32.3%30.4%54.7%-2.0%16.7%
Returns (gross)---32.3%30.4%54.7%-2.0%16.7%
Sharpe ratio---3.762.361.980.170.41
Max drawdown---0.0%-3.9%-18.3%-41.0%-42.8%

Technical Details

Pool nameGM PENDLE [PENDLE-USDC]
Pool address0x784292e87715d93afd7cb8c941bacafaaa9a5102
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL177,016.689 USDC
Peak TVL427,191.014 USDC
Last share price1.157 USDC
Last updated
Last updated block507,581,059
Data refreshed at
Data starts2024-11-22 12:14:34 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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