GM wstETH [wstETH-USDe]
View on GMX Update info- #186 overall
- #102 on
- #105 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 104.8% | 31.3% | -7.5% | 47.1% | 28.0% | |
| 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 | 104.8% | 31.3% | -7.5% | 47.1% | 28.0% |
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 wstETH and USDe 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: wstETH/USD — the price market for which traders take long and short positions.
- Long backing token: wstETH — backs and settles profitable long positions.
- Short backing token: USDe — 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.
Xerberus risk rating
74 View more View less
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 | #40 | #186 | #181 | #1177 | #40 | #94 |
| Ranking on Arbitrum One | #33 | #102 | #96 | #220 | #9 | #24 |
| Ranking on GMX | #34 | #105 | #92 | #114 | #5 | #24 |
| CAGR (net) | 2,057.6% | 104.8% | 31.3% | -7.5% | 47.1% | 28.0% |
| CAGR (gross) | 2,057.6% | 104.8% | 31.3% | -7.5% | 47.1% | 28.0% |
| Returns (net) | 6.1% | 6.1% | 6.9% | -3.8% | 47.1% | 55.2% |
| Returns (gross) | 6.1% | 6.1% | 6.9% | -3.8% | 47.1% | 55.2% |
| Sharpe ratio | 7.22 | 3.49 | 1.56 | -0.32 | 1.63 | 0.92 |
| Max drawdown | 0.0% | 0.0% | -6.6% | -14.4% | -14.5% | -30.1% |
Technical Details
| Pool name | GM wstETH [wstETH-USDe] |
| Pool address | 0x0cf1fb4d1ff67a3d8ca92c9d6643f8f9be8e03e5 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 177,298.784 USDC |
| Peak TVL | 3,042,502.894 USDC |
| Last share price | 1.545 USDC |
| Last updated | |
| Last updated block | 462,446,007 |
| Data refreshed at | |
| Data starts | 2024-07-31 00:00:00 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| Flags | liquidity_provision, market_making |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
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