GM PI [WBTC-USDC]
View on GMX Update info- Deposits may be disabled for this pool
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 314.3% | 57.8% | 41.9% | -5.7% | -0.1% | |
| 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 | 314.3% | 57.8% | 41.9% | -5.7% | -0.1% |
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: PI/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.
Transaction status
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
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | --- | --- | --- | --- | --- | --- |
| Ranking on Arbitrum One | --- | --- | --- | --- | --- | --- |
| Ranking on GMX | --- | --- | --- | --- | --- | --- |
| CAGR (net) | >9,999% | 314.3% | 57.8% | 41.9% | -5.7% | -0.1% |
| CAGR (gross) | >9,999% | 314.3% | 57.8% | 41.9% | -5.7% | -0.1% |
| Returns (net) | 12.4% | 12.4% | 11.9% | 18.8% | -5.7% | -0.1% |
| Returns (gross) | 12.4% | 12.4% | 11.9% | 18.8% | -5.7% | -0.1% |
| Sharpe ratio | 7.22 | 3.49 | 1.81 | 1.58 | -0.14 | 0.11 |
| Max drawdown | 0.0% | 0.0% | -3.9% | -5.6% | -27.5% | -27.5% |
Technical Details
| Pool name | GM PI [WBTC-USDC] |
| Pool address | 0x39ac3c494950a4363d739201ba5a0861265c9ae5 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 13,379.01 USDC |
| Peak TVL | 459,384.14 USDC |
| Last share price | 0.994 USDC |
| Last updated | |
| Last updated block | 496,889,882 |
| Data refreshed at | |
| Data starts | 2025-06-19 00:00:00 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| Flags | liquidity_provision, market_making |
| Whitelist status | Permissionless |
| Deposit status | GMX product disabled |
| Redemption status | Open |
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