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Equity curve

GM SKY [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
3.7
3M volatility
23.4%
Age
0.7 years
Maximum drawdown
-25.1%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 405.4% 130.4% 44.0% -1.8% -1.8%
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 405.4% 130.4% 44.0% -1.8% -1.8%

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#39#127#87#81#1089#1174
Ranking on Arbitrum One#32#65#36#39#140#202
Ranking on GMX#33#61#36#38#34#86
CAGR (net)2,248.8%405.4%130.4%44.0%-1.8%-1.8%
CAGR (gross)2,248.8%405.4%130.4%44.0%-1.8%-1.8%
Returns (net)6.2%14.2%22.8%19.7%-1.3%-1.3%
Returns (gross)6.2%14.2%22.8%19.7%-1.3%-1.3%
Sharpe ratio8.534.633.671.360.090.09
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 TVL110,941.099 USDC
Peak TVL615,317.876 USDC
Last share price0.984 USDC
Last updated
Last updated block504,047,412
Data refreshed at
Data starts2025-12-22 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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