Equity curve

GM TRUMP [WAVAX-USDC]
BTC
ETH

Other metrics

3M Sharpe
---
3M volatility
---
Age
1.6 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross --- --- -18.0% -34.3% -24.8%
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 --- --- -18.0% -34.3% -24.8%

* 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 WAVAX 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: TRUMP/USD — the price market for which traders take long and short positions.
  • Long backing token: WAVAX — 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
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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
ErrorSample duration 141 days 06:13:14 exceeds tolerance 12 days 00:00:00Sample duration 141 days 06:13:14 exceeds tolerance 60 days 00:00:00Sample duration 141 days 06:13:14 exceeds tolerance 135 days 00:00:00---------
Ranking overall---------#820#558#1282
Ranking on Avalanche C-chain---------#31#24#47
Ranking on GMX---------#111#96#121
CAGR (net)----------18.0%-34.3%-24.8%
CAGR (gross)----------18.0%-34.3%-24.8%
Returns (net)----------9.8%-35.8%-35.8%
Returns (gross)----------9.8%-35.8%-35.8%
Sharpe ratio----------1.76-1.03-0.47
Max drawdown----------10.5%-48.7%-48.7%

Technical Details

Pool nameGM TRUMP [WAVAX-USDC]
Pool address0xfb626c4e3e153947a6a94041814c25e449064dad
Chain Avalanche C-chain (43114)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL53,302.54 USDC
Peak TVL220,876.546 USDC
Last share price0.658 USDC
Last updated
Last updated block93,612,055
Data refreshed at
Data starts2025-02-03 16:10:38 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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