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Equity curve

GM TAO [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.1
3M volatility
23.1%
Age
1.8 years
Maximum drawdown
-27.6%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 129.3% 58.3% 17.7% -9.7% 14.2%
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 129.3% 58.3% 17.7% -9.7% 14.2%

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: 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#1079#180#143#184#1134#171
Ranking on Arbitrum One#199#98#77#86#171#60
Ranking on GMX#110#102#72#84#64#52
CAGR (net)-56.4%129.3%58.3%17.7%-9.7%14.2%
CAGR (gross)-56.4%129.3%58.3%17.7%-9.7%14.2%
Returns (net)-1.6%7.1%12.0%8.4%-9.7%27.2%
Returns (gross)-1.6%7.1%12.0%8.4%-9.7%27.2%
Sharpe ratio-4.332.342.100.86-0.300.67
Max drawdown-3.1%-3.9%-3.9%-11.7%-27.6%-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 TVL356,385.295 USDC
Peak TVL1,944,217.718 USDC
Last share price1.282 USDC
Last updated
Last updated block503,985,513
Data refreshed at
Data starts2024-11-18 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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