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Equity curve

GM PENDLE [PENDLE-USDC]
BTC
ETH

Other metrics

3M Sharpe
-0.3
3M volatility
34.3%
Age
1.8 years
Maximum drawdown
-42.8%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 111.0% -14.2% 48.8% -14.4% -2.4%
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 111.0% -14.2% 48.8% -14.4% -2.4%

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 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
Ranking overall#34#184#1168#73#1155#1181
Ranking on Arbitrum One#31#100#222#34#182#205
Ranking on GMX#32#103#124#33#72#89
CAGR (net)5,693.1%111.0%-14.2%48.8%-14.4%-2.4%
CAGR (gross)5,693.1%111.0%-14.2%48.8%-14.4%-2.4%
Returns (net)8.1%6.3%-3.7%21.6%-14.3%-4.2%
Returns (gross)8.1%6.3%-3.7%21.6%-14.3%-4.2%
Sharpe ratio7.222.73-0.271.19-0.200.18
Max drawdown0.0%-1.6%-14.4%-18.3%-41.7%-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 TVL242,358.252 USDC
Peak TVL427,191.014 USDC
Last share price0.945 USDC
Last updated
Last updated block499,716,654
Data refreshed at
Data starts2024-11-22 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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