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Equity curve

GM POL [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.3
3M volatility
34.4%
Age
1.9 years
Maximum drawdown
-35.2%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 661.1% 111.8% 44.1% -15.5% 13.1%
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 661.1% 111.8% 44.1% -15.5% 13.1%

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 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.

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------------------
Ranking on Arbitrum One#49#44#49#38#189#63
Ranking on GMX#57#42#48#37#79#56
CAGR (net)203.7%661.1%111.8%44.1%-15.5%13.1%
CAGR (gross)203.7%661.1%111.8%44.1%-15.5%13.1%
Returns (net)2.2%18.1%20.3%19.7%-15.5%26.0%
Returns (gross)2.2%18.1%20.3%19.7%-15.5%26.0%
Sharpe ratio5.913.932.341.55-0.460.52
Max drawdown-0.4%-0.4%-5.8%-12.1%-35.2%-35.2%

Technical Details

Pool nameGM POL [WETH-USDC]
Pool address0xd0a1afdde31eb51e8b53bdce989eb8c2404828a4
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL37,856.665 USDC
Peak TVL646,694.977 USDC
Last share price1.261 USDC
Last updated
Last updated block501,360,521
Data refreshed at
Data starts2024-10-17 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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