GM SOL [SOL-USDC]
View on GMX Update info- #87 overall
- #41 on
- #47 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 120.1% | 198.5% | 73.9% | -9.6% | 80.8% | |
| 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 | 120.1% | 198.5% | 73.9% | -9.6% | 80.8% |
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 SOL 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: SOL/USD — the price market for which traders take long and short positions.
- Long backing token: SOL — 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.
Xerberus risk rating
74 View more View less
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 | #117 | #87 | #77 | #50 | #468 | #38 |
| Ranking on Arbitrum One | #41 | #41 | #26 | #15 | #111 | #4 |
| Ranking on GMX | #39 | #47 | #27 | #15 | #47 | #3 |
| CAGR (net) | 17.0% | 120.1% | 198.5% | 73.9% | -9.6% | 80.8% |
| CAGR (gross) | 17.0% | 120.1% | 198.5% | 73.9% | -9.6% | 80.8% |
| Returns (net) | 0.3% | 6.8% | 31.1% | 31.3% | -9.6% | 501.1% |
| Returns (gross) | 0.3% | 6.8% | 31.1% | 31.3% | -9.6% | 501.1% |
| Sharpe ratio | --- | 2.55 | 3.82 | 1.92 | -0.10 | 1.72 |
| Max drawdown | -1.4% | -3.9% | -4.2% | -20.3% | -40.1% | -41.4% |
Technical Details
| Pool name | GM SOL [SOL-USDC] |
| Pool address | 0x09400d9db990d5ed3f35d7be61dfaeb900af03c9 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 5,067,838.333 USDC |
| Peak TVL | 30,548,589.392 USDC |
| Last share price | 5.421 USDC |
| Last updated | |
| Last updated block | 512,503,058 |
| Data refreshed at | |
| Data starts | 2023-09-27 11:12:55 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 |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter