Equity curve

GM STX [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.0
3M volatility
13.2%
Age
2.2 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 0.9% 13.4% --- -17.6% 10.3%
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 0.9% 13.4% --- -17.6% 10.3%

* 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 WBTC 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: STX/USD — the price market for which traders take long and short positions.
  • Long backing token: WBTC — 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 13 days 11:30:36 exceeds tolerance 12 days 00:00:00------Sample duration 260 days 18:16:13 exceeds tolerance 225 days 00:00:00------
Ranking overall------------------
Ranking on Arbitrum One---#131#111---#146#72
Ranking on GMX---#61#106---#79#61
CAGR (net)---0.9%13.4%----17.6%10.3%
CAGR (gross)---0.9%13.4%----17.6%10.3%
Returns (net)---0.1%3.7%----17.9%24.0%
Returns (gross)---0.1%3.7%----17.9%24.0%
Sharpe ratio---0.141.02----0.980.62
Max drawdown----1.7%-4.9%----24.4%-26.9%

Technical Details

Pool nameGM STX [WBTC-USDC]
Pool address0xd9377d9b9a2327c7778867203deea73ab8a68b6b
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL36,466.837 USDC
Peak TVL1,511,200.708 USDC
Last share price1.244 USDC
Last updated
Last updated block517,864,541
Data refreshed at
Data starts2024-08-14 12:36:43 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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