🏆

Equity curve

GM XPL [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
-2.6
3M volatility
14.6%
Age
0.8 years
Maximum drawdown
-28.2%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 19.3% -32.4% -18.4% -24.2% -24.2%
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 19.3% -32.4% -18.4% -24.2% -24.2%

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: XPL/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

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

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#85#240#1189#1207#1191#1253
Ranking on Arbitrum One#54#117#231#227#215#238
Ranking on GMX#64#115#132#124#102#116
CAGR (net)113.2%19.3%-32.4%-18.4%-24.2%-24.2%
CAGR (gross)113.2%19.3%-32.4%-18.4%-24.2%-24.2%
Returns (net)1.5%1.5%-9.2%-9.6%-21.0%-21.0%
Returns (gross)1.5%1.5%-9.2%-9.6%-21.0%-21.0%
Sharpe ratio3.831.93-2.61-1.02-1.29-1.29
Max drawdown-1.0%-1.0%-11.5%-11.5%-28.2%-28.2%

Technical Details

Pool nameGM XPL [WBTC-USDC]
Pool address0x4b67aa8f754b17b1029ad2db4fb6a276cce350c4
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL1,123,071.533 USDC
Peak TVL2,937,225.297 USDC
Last share price0.775 USDC
Last updated
Last updated block489,838,267
Data refreshed at
Data starts2025-09-25 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

Stay ahead with the best new vaults and essential DeFi updates.

Subscribe to Trading Strategy newsletter