GM TAO [WBTC-USDC]
View on GMX Update infoEquity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| 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.
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 | #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 | --- | -3.32 | 1.23 | 0.36 | 0.01 | 0.66 |
| Max drawdown | -0.6% | -1.4% | -3.9% | -11.7% | -25.1% | -27.6% |
Technical Details
| Pool name | GM TAO [WBTC-USDC] |
| Pool address | 0xe55e1a29985488a2c8846a91e925c2b7c6564db1 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 666,016.001 USDC |
| Peak TVL | 1,944,217.718 USDC |
| Last share price | 1.272 USDC |
| Last updated | |
| Last updated block | 515,823,795 |
| Data refreshed at | |
| Data starts | 2024-11-18 14:21:09 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| Strategy tags | --- |
| Flags | liquidity_provision, market_making |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
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