Equity curve

GM SPX6900 [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
3.5
3M volatility
25.2%
Age
1.2 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 6.0% 131.4% 30.4% -8.7% 6.6%
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 6.0% 131.4% 30.4% -8.7% 6.6%

* 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#1105#392#78#87#490#434
Ranking on Arbitrum One#143#73#34#46#119#93
Ranking on GMX#51#56#33#50#51#73
CAGR (net)-59.7%6.0%131.4%30.4%-8.7%6.6%
CAGR (gross)-59.7%6.0%131.4%30.4%-8.7%6.6%
Returns (net)-2.3%0.6%30.5%14.2%-8.8%8.1%
Returns (gross)-2.3%0.6%30.5%14.2%-8.8%8.1%
Sharpe ratio---0.463.451.11-0.100.36
Max drawdown-2.5%-3.2%-4.4%-17.9%-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 TVL61,617.486 USDC
Peak TVL1,155,003.277 USDC
Last share price1.078 USDC
Last updated
Last updated block518,671,525
Data refreshed at
Data starts2025-08-06 12:50:00 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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