Equity curve

GM TAO [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.2
3M volatility
22.1%
Age
1.9 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross -14.8% 28.5% 5.1% -2.4% 13.6%
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 -14.8% 28.5% 5.1% -2.4% 13.6%

* 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 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: TAO/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#1060#1053#185#386#470#175
Ranking on Arbitrum One#131#165#103#107#97#56
Ranking on GMX#40#79#102#100#32#53
CAGR (net)-19.9%-14.8%28.5%5.1%-2.4%13.6%
CAGR (gross)-19.9%-14.8%28.5%5.1%-2.4%13.6%
Returns (net)-0.6%-1.4%6.4%2.5%-2.4%27.5%
Returns (gross)-0.6%-1.4%6.4%2.5%-2.4%27.5%
Sharpe ratio----3.321.230.360.010.66
Max drawdown-0.6%-1.4%-3.9%-11.7%-25.1%-27.6%

Technical Details

Pool nameGM TAO [WBTC-USDC]
Pool address0xe55e1a29985488a2c8846a91e925c2b7c6564db1
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL666,016.001 USDC
Peak TVL1,944,217.718 USDC
Last share price1.272 USDC
Last updated
Last updated block515,823,795
Data refreshed at
Data starts2024-11-18 14:21:09 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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