GM POL [WETH-USDC]
View on GMX Update info- #91 overall
- #43 on
- #49 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 113.6% | 195.4% | 44.7% | -4.8% | 16.4% | |
| 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 | 113.6% | 195.4% | 44.7% | -4.8% | 16.4% |
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 WETH 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: POL/USD — the price market for which traders take long and short positions.
- Long backing token: WETH — 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.
Xerberus risk rating
74 View more View less
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 | #77 | #91 | #78 | #98 | #452 | #160 |
| Ranking on Arbitrum One | #31 | #43 | #27 | #42 | #96 | #52 |
| Ranking on GMX | #31 | #49 | #28 | #50 | #32 | #54 |
| CAGR (net) | 56.9% | 113.6% | 195.4% | 44.7% | -4.8% | 16.4% |
| CAGR (gross) | 56.9% | 113.6% | 195.4% | 44.7% | -4.8% | 16.4% |
| Returns (net) | 1.0% | 7.3% | 32.7% | 22.8% | -5.0% | 34.8% |
| Returns (gross) | 1.0% | 7.3% | 32.7% | 22.8% | -5.0% | 34.8% |
| Sharpe ratio | --- | 3.77 | 3.35 | 1.59 | -0.04 | 0.61 |
| Max drawdown | 0.0% | 0.0% | -0.4% | -12.1% | -35.2% | -35.2% |
Technical Details
| Pool name | GM POL [WETH-USDC] |
| Pool address | 0xd0a1afdde31eb51e8b53bdce989eb8c2404828a4 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 90,481.574 USDC |
| Peak TVL | 646,694.977 USDC |
| Last share price | 1.353 USDC |
| Last updated | |
| Last updated block | 512,516,654 |
| Data refreshed at | |
| Data starts | 2024-10-17 15:19:59 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| Strategy tags | --- |
| Flags | liquidity_provision, market_making |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter