GM RENDER [WETH-USDC]
View on GMX Update info- #176 overall
- #97 on
- #100 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 160.4% | -2.8% | 13.2% | -24.5% | 0.8% | |
| 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 | 160.4% | -2.8% | 13.2% | -24.5% | 0.8% |
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 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: RENDER/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 | #157 | #176 | #1137 | #220 | #1194 | #1096 |
| Ranking on Arbitrum One | #71 | #97 | #211 | #100 | #217 | #187 |
| Ranking on GMX | #81 | #100 | #115 | #94 | #104 | #79 |
| CAGR (net) | 13.3% | 160.4% | -2.8% | 13.2% | -24.5% | 0.8% |
| CAGR (gross) | 13.3% | 160.4% | -2.8% | 13.2% | -24.5% | 0.8% |
| Returns (net) | 0.2% | 8.2% | -0.7% | 6.3% | -24.5% | 1.3% |
| Returns (gross) | 0.2% | 8.2% | -0.7% | 6.3% | -24.5% | 1.3% |
| Sharpe ratio | 2.32 | 5.07 | 0.01 | 0.69 | -0.90 | 0.19 |
| Max drawdown | -0.6% | -0.6% | -13.5% | -15.2% | -36.2% | -36.2% |
Technical Details
| Pool name | GM RENDER [WETH-USDC] |
| Pool address | 0x4c505e0062459cf8f60fff13279c92ea15ae6e2d |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 529,410.114 USDC |
| Peak TVL | 3,654,606.94 USDC |
| Last share price | 1.019 USDC |
| Last updated | |
| Last updated block | 494,282,024 |
| Data refreshed at | |
| Data starts | 2024-11-29 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 | Open |
| Redemption status | Open |
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