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Equity curve

GM S [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
-1.7
3M volatility
14.7%
Age
1.4 years
Maximum drawdown
-22.8%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 45.8% -23.2% -11.8% -14.7% 6.9%
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 45.8% -23.2% -11.8% -14.7% 6.9%

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: S/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.

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#1004#208#1178#1189#1161#378
Ranking on Arbitrum One#176#111#226#222#187#90
Ranking on GMX#91#112#127#118#77#70
CAGR (net)-16.5%45.8%-23.2%-11.8%-14.7%6.9%
CAGR (gross)-16.5%45.8%-23.2%-11.8%-14.7%6.9%
Returns (net)-0.3%3.1%-6.3%-6.0%-14.7%10.0%
Returns (gross)-0.3%3.1%-6.3%-6.0%-14.7%10.0%
Sharpe ratio-7.224.44-1.73-0.63-0.760.44
Max drawdown-0.3%-0.3%-9.9%-11.4%-22.8%-22.8%

Technical Details

Pool nameGM S [WBTC-USDC]
Pool address0x4d9ba415649c4b3c703562770c8ff3033478cea1
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL138,117.684 USDC
Peak TVL1,653,583.658 USDC
Last share price1.099 USDC
Last updated
Last updated block489,727,233
Data refreshed at
Data starts2025-02-27 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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