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Equity curve

GM SPCX [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.4
3M volatility
37.5%
Age
0.3 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross -30.7% 62.1% --- --- 57.8%
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 -30.7% 62.1% --- --- 57.8%

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

  • Index market: SPCX/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
ErrorSample duration 35 days 02:03:18 exceeds tolerance 12 days 00:00:00---------------
Ranking overall---#1125#162------#53
Ranking on Arbitrum One---#190#89------#7
Ranking on GMX---#100#90------#7
CAGR (net)----30.7%62.1%------57.8%
CAGR (gross)----30.7%62.1%------57.8%
Returns (net)----3.5%17.1%16.1%16.1%16.1%
Returns (gross)----3.5%17.1%16.1%16.1%16.1%
Sharpe ratio----4.511.451.371.371.37
Max drawdown----3.5%-3.5%-3.5%-3.5%-3.5%

Technical Details

Pool nameGM SPCX [WETH-USDC]
Pool address0x470128853d74dab7423904a20ea5aa230e9e561b
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL100,558.116 USDC
Peak TVL1,005,035.664 USDC
Last share price1.159 USDC
Last updated
Last updated block512,422,055
Data refreshed at
Data starts2026-06-09 07:38:02 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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