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Equity curve

GM SPX6900 [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
3.0
3M volatility
28.2%
Age
1.1 years
Maximum drawdown
-33.8%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 753.1% 125.6% 18.3% -16.5% -2.2%
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 753.1% 125.6% 18.3% -16.5% -2.2%

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: SPX6900/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#30#95#89#176#1165#1178
Ranking on Arbitrum One#28#40#38#85#192#203
Ranking on GMX#29#38#38#83#82#87
CAGR (net)9,817.6%753.1%125.6%18.3%-16.5%-2.2%
CAGR (gross)9,817.6%753.1%125.6%18.3%-16.5%-2.2%
Returns (net)9.2%19.3%22.2%8.7%-16.5%-2.4%
Returns (gross)9.2%19.3%22.2%8.7%-16.5%-2.4%
Sharpe ratio12.785.323.020.75-0.360.11
Max drawdown-0.4%-4.4%-4.4%-19.7%-33.8%-33.8%

Technical Details

Pool nameGM SPX6900 [WETH-USDC]
Pool address0x8263bc3766a09f6dd4bab04b4bf8d45f2b0973ff
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL90,960.132 USDC
Peak TVL1,155,003.277 USDC
Last share price0.985 USDC
Last updated
Last updated block504,811,829
Data refreshed at
Data starts2025-08-06 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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