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Equity curve

GM TIA [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.2
3M volatility
15.0%
Age
2.0 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 3.6% 18.8% 20.7% 7.9% 24.2%
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 3.6% 18.8% 20.7% 7.9% 24.2%

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 WETH 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: TIA/USD — the price market for which traders take long and short positions.
  • Long backing token: WETH — 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#1156#762#215#138#86#115
Ranking on Arbitrum One#161#121#109#67#15#29
Ranking on GMX#63#88#108#74#9#30
CAGR (net)-88.8%3.6%18.8%20.7%7.9%24.2%
CAGR (gross)-88.8%3.6%18.8%20.7%7.9%24.2%
Returns (net)-4.6%0.4%5.4%9.7%7.9%52.7%
Returns (gross)-4.6%0.4%5.4%9.7%7.9%52.7%
Sharpe ratio---0.271.220.850.410.84
Max drawdown-4.6%-4.9%-4.9%-10.0%-25.5%-34.3%

Technical Details

Pool nameGM TIA [WETH-USDC]
Pool address0xbeb1f4ebc9af627ca1e5a75981ce1ae97efeda22
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL53,652.491 USDC
Peak TVL1,470,716.222 USDC
Last share price1.509 USDC
Last updated
Last updated block514,929,058
Data refreshed at
Data starts2024-10-31 16:23:14 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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