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Equity curve

GM SILVER [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.2
3M volatility
44.9%
Age
0.4 years
Maximum drawdown
-14.5%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 2,891.0% 141.6% 55.7% 55.7% 55.7%
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 2,891.0% 141.6% 55.7% 55.7% 55.7%

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. This pool provides synthetic exposure to the SILVER/USD reference price; it does not hold the underlying real-world asset or financial instrument.

  • Index market: SILVER/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#1#29#84#67#33#45
Ranking on Arbitrum One#1#6#34#30#6#7
Ranking on GMX#1#5#34#28#3#5
CAGR (net)>9,999%2,891.0%141.6%55.7%55.7%55.7%
CAGR (gross)>9,999%2,891.0%141.6%55.7%55.7%55.7%
Returns (net)20.3%32.2%24.3%18.9%18.9%18.9%
Returns (gross)20.3%32.2%24.3%18.9%18.9%18.9%
Sharpe ratio7.925.062.171.351.351.35
Max drawdown-0.4%-0.4%-6.0%-14.5%-14.5%-14.5%

Technical Details

Pool nameGM SILVER [WETH-USDC]
Pool address0x448fa722717df299ee197e2f6d8eb7911eff6cec
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL163,737.266 USDC
Peak TVL2,488,651.456 USDC
Last share price1.178 USDC
Last updated
Last updated block500,064,532
Data refreshed at
Data starts2026-04-09 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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