GM XRP [WAVAX-USDC]
View on GMX Update info- #17 overall
- #4 on
- #9 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 447.0% | 126.3% | 28.6% | -17.3% | 20.8% | |
| 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 | 447.0% | 126.3% | 28.6% | -17.3% | 20.8% |
* 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 WAVAX 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: XRP/USD — the price market for which traders take long and short positions.
- Long backing token: WAVAX — 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.
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 |
|---|---|---|---|---|---|---|
| Error | Sample duration 22 days 13:12:09 exceeds tolerance 12 days 00:00:00 | --- | --- | --- | --- | --- |
| Ranking overall | --- | #17 | #83 | #90 | #530 | #127 |
| Ranking on Avalanche C-chain | --- | #4 | #5 | #9 | #21 | #9 |
| Ranking on GMX | --- | #9 | #37 | #53 | #76 | #37 |
| CAGR (net) | --- | 447.0% | 126.3% | 28.6% | -17.3% | 20.8% |
| CAGR (gross) | --- | 447.0% | 126.3% | 28.6% | -17.3% | 20.8% |
| Returns (net) | --- | 16.1% | 27.8% | 14.8% | -17.3% | 78.6% |
| Returns (gross) | --- | 16.1% | 27.8% | 14.8% | -17.3% | 78.6% |
| Sharpe ratio | --- | 2.30 | 1.86 | 0.78 | -0.28 | 0.55 |
| Max drawdown | --- | -12.4% | -12.4% | -17.4% | -39.7% | -63.0% |
Technical Details
| Pool name | GM XRP [WAVAX-USDC] |
| Pool address | 0xd1cf931fa12783c1dd5abb77a0706c27cf352f25 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 235,411.594 USDC |
| Peak TVL | 1,945,795.387 USDC |
| Last share price | 1.392 USDC |
| Last updated | |
| Last updated block | 98,018,322 |
| Data refreshed at | |
| Data starts | 2023-09-27 14:51:57 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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