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Equity curve

GM SKY [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
3.4
3M volatility
22.5%
Age
0.8 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 81.6% 109.2% 40.5% --- 2.7%
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 81.6% 109.2% 40.5% --- 2.7%

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.

  • Index market: SKY/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.

Curated by Sky

This pool is curated by Sky.

Sky.money is a non-custodial interface to Sky Protocol for USDS, sUSDS, vaults, rewards, and SKY participation.

View all Sky pools

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#108#110#124#104---#973
Ranking on Arbitrum One#40#53#59#47---#176
Ranking on GMX#38#58#58#53---#90
CAGR (net)18.3%81.6%109.2%40.5%---2.7%
CAGR (gross)18.3%81.6%109.2%40.5%---2.7%
Returns (net)0.4%5.3%27.0%20.1%2.1%2.1%
Returns (gross)0.4%5.3%27.0%20.1%2.1%2.1%
Sharpe ratio---2.153.391.300.240.24
Max drawdown0.0%-4.2%-4.2%-15.3%-25.1%-25.1%

Technical Details

Pool nameGM SKY [WETH-USDC]
Pool address0x00310c6d8a9f821e3fe991f4835f2ca4d87034cf
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL88,838.574 USDC
Peak TVL615,317.876 USDC
Last share price1.017 USDC
Last updated
Last updated block511,029,845
Data refreshed at
Data starts2025-12-22 15:34:00 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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