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Equity curve

GM WIF [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
0.6
3M volatility
35.2%
Age
1.0 years
Maximum drawdown
-29.3%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 265.7% 14.5% 4.6% -13.4% -13.4%
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 265.7% 14.5% 4.6% -13.4% -13.4%

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: WIF/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------------------
Ranking on Arbitrum One#1#90#108#131#179#223
Ranking on GMX#1#87#101#101#70#105
CAGR (net)>9,999%265.7%14.5%4.6%-13.4%-13.4%
CAGR (gross)>9,999%265.7%14.5%4.6%-13.4%-13.4%
Returns (net)11.5%11.2%3.4%2.2%-13.3%-13.3%
Returns (gross)11.5%11.2%3.4%2.2%-13.3%-13.3%
Sharpe ratio6.793.240.560.30-0.49-0.49
Max drawdown-0.6%-0.6%-11.7%-13.5%-29.3%-29.3%

Technical Details

Pool nameGM WIF [WBTC-USDC]
Pool address0x3f649eab7f4ce4945f125939c64429be2c5d0cb4
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL34,774.313 USDC
Peak TVL584,229.793 USDC
Last share price0.868 USDC
Last updated
Last updated block498,614,040
Data refreshed at
Data starts2025-08-29 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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