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Equity curve

GM SPX6900 [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
3.2
3M volatility
27.3%
Age
1.1 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 325.0% 133.0% 39.1% -7.8% 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 325.0% 133.0% 39.1% -7.8% 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#1#38#110#109#461#409
Ranking on Arbitrum One#1#9#47#52#105#95
Ranking on GMX#1#14#47#58#40#75
CAGR (net)>9,999%325.0%133.0%39.1%-7.8%6.6%
CAGR (gross)>9,999%325.0%133.0%39.1%-7.8%6.6%
Returns (net)10.5%13.7%25.0%18.0%-7.8%7.5%
Returns (gross)10.5%13.7%25.0%18.0%-7.8%7.5%
Sharpe ratio---4.973.241.34-0.060.36
Max drawdown0.0%-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 TVL117,885.494 USDC
Peak TVL1,155,003.277 USDC
Last share price1.072 USDC
Last updated
Last updated block507,837,359
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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