GM swap [USDC-USDT.e]
View on GMX Update info🏆
- #29 on
- #122 on
Equity curve
3M ann. net returns
▲ 1.3%
Total value locked
$10.1K
peak $20.1K
3M Sharpe
2.0
3M volatility
0.6%
Other metrics
3M Sharpe
2.0
3M volatility
0.6%
Age
1.4 years
0.0%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 4.0% | 1.3% | 0.7% | 0.3% | 0.2% | |
| 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 | 4.0% | 1.3% | 0.7% | 0.3% | 0.2% |
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 USDC and USDT.e to provide liquidity for GMX token swaps. They earn a share of swap fees and bear changes in the value of the pool tokens.
- Activity: Swap-only market — this pool has no index market and does not back perpetual positions.
- First pool token: USDC — one asset supplied as swap liquidity.
- Second pool token: USDT.e — the other asset supplied as swap liquidity.
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.
Xerberus risk rating
74 View more View less
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
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | --- | --- | --- | --- | --- | --- |
| Ranking on Avalanche C-chain | #16 | #29 | #29 | #28 | #34 | #42 |
| Ranking on GMX | #79 | #122 | #109 | #106 | #30 | #81 |
| CAGR (net) | 18.2% | 4.0% | 1.3% | 0.7% | 0.3% | 0.2% |
| CAGR (gross) | 18.2% | 4.0% | 1.3% | 0.7% | 0.3% | 0.2% |
| Returns (net) | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% |
| Returns (gross) | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% |
| Sharpe ratio | 7.22 | 3.49 | 2.01 | 1.42 | 1.00 | 0.85 |
| Max drawdown | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Technical Details
| Pool name | GM swap [USDC-USDT.e] |
| Pool address | 0xf3652eba45dc761e7add4091627d5cda21f61613 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 10,053.939 USDC |
| Peak TVL | 20,138.499 USDC |
| Last share price | 1.01 USDC |
| Last updated | |
| Last updated block | 70,408,343 |
| Data refreshed at | |
| Data starts | 2024-05-31 00:00:00 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| Flags | liquidity_provision, market_making |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
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