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Equity curve

GM STX [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.3
3M volatility
14.3%
Age
2.1 years
Maximum drawdown
-26.9%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 57.0% 38.2% 17.5% -17.1% 11.2%
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 57.0% 38.2% 17.5% -17.1% 11.2%

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 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
Ranking overall#1046#201#171#188#1170#211
Ranking on Arbitrum One#186#107#93#89#196#71
Ranking on GMX#99#109#90#87#85#60
CAGR (net)-35.2%57.0%38.2%17.5%-17.1%11.2%
CAGR (gross)-35.2%57.0%38.2%17.5%-17.1%11.2%
Returns (net)-0.8%3.8%8.3%8.3%-17.1%24.5%
Returns (gross)-0.8%3.8%8.3%8.3%-17.1%24.5%
Sharpe ratio-7.222.452.331.65-0.940.65
Max drawdown-0.8%-2.2%-2.2%-2.2%-26.5%-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 TVL57,500.531 USDC
Peak TVL1,511,200.708 USDC
Last share price1.245 USDC
Last updated
Last updated block502,537,081
Data refreshed at
Data starts2024-08-14 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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