GM SHIB [WETH-USDC]
View on GMX Update infoEquity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 70.6% | 227.9% | 66.1% | -5.7% | 21.0% | |
| 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 | 70.6% | 227.9% | 66.1% | -5.7% | 21.0% |
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 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: SHIB/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.
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 | #46 | #122 | #69 | #55 | #458 | #134 |
| Ranking on Arbitrum One | #16 | #59 | #21 | #17 | #103 | #41 |
| Ranking on GMX | #17 | #64 | #22 | #17 | #38 | #44 |
| CAGR (net) | 159.4% | 70.6% | 227.9% | 66.1% | -5.7% | 21.0% |
| CAGR (gross) | 159.4% | 70.6% | 227.9% | 66.1% | -5.7% | 21.0% |
| Returns (net) | 2.9% | 4.5% | 35.4% | 28.6% | -5.8% | 50.1% |
| Returns (gross) | 2.9% | 4.5% | 35.4% | 28.6% | -5.8% | 50.1% |
| Sharpe ratio | --- | 3.56 | 3.64 | 2.01 | -0.05 | 0.74 |
| Max drawdown | -0.5% | -0.9% | -1.1% | -11.1% | -34.0% | -37.3% |
Technical Details
| Pool name | GM SHIB [WETH-USDC] |
| Pool address | 0xb62369752d8ad08392572db6d0cc872127888bed |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 127,216.508 USDC |
| Peak TVL | 1,623,728.862 USDC |
| Last share price | 1.515 USDC |
| Last updated | |
| Last updated block | 508,498,672 |
| Data refreshed at | |
| Data starts | 2024-08-07 10:33:01 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 |
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