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Equity curve

GM SHIB [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
3.6
3M volatility
34.2%
Age
2.1 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
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.

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#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---3.563.642.01-0.050.74
Max drawdown-0.5%-0.9%-1.1%-11.1%-34.0%-37.3%

Technical Details

Pool nameGM SHIB [WETH-USDC]
Pool address0xb62369752d8ad08392572db6d0cc872127888bed
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL127,216.508 USDC
Peak TVL1,623,728.862 USDC
Last share price1.515 USDC
Last updated
Last updated block508,498,672
Data refreshed at
Data starts2024-08-07 10:33:01 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

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