We have started the Trading Strategy podcast. Listen to us on YouTube and Spotify.

Equity curve

GM S [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
-0.2
3M volatility
23.5%
Age
1.6 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross -61.8% -7.9% -18.4% -16.5% 5.0%
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 -61.8% -7.9% -18.4% -16.5% 5.0%

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

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

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall------------------
Ranking on Arbitrum One#11#197#199#186#142#111
Ranking on GMX#8#106#115#111#75#75
CAGR (net)152.8%-61.8%-7.9%-18.4%-16.5%5.0%
CAGR (gross)152.8%-61.8%-7.9%-18.4%-16.5%5.0%
Returns (net)2.6%-8.3%-2.3%-9.7%-16.6%8.3%
Returns (gross)2.6%-8.3%-2.3%-9.7%-16.6%8.3%
Sharpe ratio----2.63-0.23-0.88-0.750.34
Max drawdown0.0%-10.6%-10.6%-11.9%-22.0%-23.3%

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 TVL26,271.596 USDC
Peak TVL1,653,583.658 USDC
Last share price1.077 USDC
Last updated
Last updated block517,004,058
Data refreshed at
Data starts2025-02-27 15:09:29 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_gm, share_price_equivalence
Strategy tags---
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

Stay ahead with the best new vaults and essential DeFi updates.

Subscribe to Trading Strategy newsletter