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Equity curve

GM wstETH [wstETH-USDe]
BTC
ETH

Other metrics

3M Sharpe
1.5
3M volatility
18.3%
Age
1.8 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 72.4% 30.2% -7.2% 46.4% 27.1%
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 72.4% 30.2% -7.2% 46.4% 27.1%

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 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.

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
ErrorSample duration 39 days 11:15:28 exceeds tolerance 12 days 00:00:00---------------
Ranking overall---#118#200#814#14#108
Ranking on Arbitrum One---#57#107#187#1#29
Ranking on GMX---#62#107#108#1#32
CAGR (net)---72.4%30.2%-7.2%46.4%27.1%
CAGR (gross)---72.4%30.2%-7.2%46.4%27.1%
Returns (net)---6.1%6.9%-3.8%47.1%53.4%
Returns (gross)---6.1%6.9%-3.8%47.1%53.4%
Sharpe ratio---3.061.53-0.321.620.90
Max drawdown---0.0%-6.6%-14.4%-14.5%-30.1%

Technical Details

Pool nameGM wstETH [wstETH-USDe]
Pool address0x0cf1fb4d1ff67a3d8ca92c9d6643f8f9be8e03e5
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL177,298.784 USDC
Peak TVL3,267,781.065 USDC
Last share price1.545 USDC
Last updated
Last updated block462,446,007
Data refreshed at
Data starts2024-07-31 08:53:39 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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