GM TRX [WETH-USDC]
View on GMX Update infoEquity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 68.5% | 208.5% | 40.8% | -10.4% | 12.1% | |
| 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 | 68.5% | 208.5% | 40.8% | -10.4% | 12.1% |
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: TRX/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.
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 | #57 | #128 | #75 | #102 | #472 | #202 |
| Ranking on Arbitrum One | #25 | #62 | #25 | #46 | #114 | #68 |
| Ranking on GMX | #24 | #67 | #25 | #52 | #50 | #63 |
| CAGR (net) | 107.8% | 68.5% | 208.5% | 40.8% | -10.4% | 12.1% |
| CAGR (gross) | 107.8% | 68.5% | 208.5% | 40.8% | -10.4% | 12.1% |
| Returns (net) | 1.7% | 4.8% | 33.9% | 18.4% | -10.5% | 24.1% |
| Returns (gross) | 1.7% | 4.8% | 33.9% | 18.4% | -10.5% | 24.1% |
| Sharpe ratio | --- | 4.61 | 2.28 | 0.98 | -0.09 | 0.47 |
| Max drawdown | 0.0% | 0.0% | 0.0% | -15.8% | -38.7% | -38.7% |
Technical Details
| Pool name | GM TRX [WETH-USDC] |
| Pool address | 0x3680d7bfe9260d3c5de81aeb2194c119a59a99d1 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 63,657.849 USDC |
| Peak TVL | 1,218,162.294 USDC |
| Last share price | 1.243 USDC |
| Last updated | |
| Last updated block | 509,702,948 |
| Data refreshed at | |
| Data starts | 2024-11-07 13:36:44 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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