GM XRP [WAVAX-USDC]
View on GMX Update info- #167 overall
- #7 on
- #93 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 207.2% | -9.4% | -12.3% | -31.4% | 15.7% | |
| 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 | 207.2% | -9.4% | -12.3% | -31.4% | 15.7% |
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 |
|---|---|---|---|---|---|---|
| Ranking overall | #44 | #167 | #1159 | #1191 | #1214 | #160 |
| Ranking on Avalanche C-chain | #4 | #7 | #38 | #39 | #42 | #9 |
| Ranking on GMX | #37 | #93 | #119 | #119 | #114 | #50 |
| CAGR (net) | 1,840.6% | 207.2% | -9.4% | -12.3% | -31.4% | 15.7% |
| CAGR (gross) | 1,840.6% | 207.2% | -9.4% | -12.3% | -31.4% | 15.7% |
| Returns (net) | 5.8% | 9.7% | -2.4% | -6.3% | -31.3% | 53.9% |
| Returns (gross) | 5.8% | 9.7% | -2.4% | -6.3% | -31.3% | 53.9% |
| Sharpe ratio | 7.22 | 3.96 | -0.01 | -0.26 | -0.78 | 0.48 |
| Max drawdown | 0.0% | -1.2% | -17.4% | -20.7% | -51.4% | -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 | 246,144.455 USDC |
| Peak TVL | 1,924,746.013 USDC |
| Last share price | 1.2 USDC |
| Last updated | |
| Last updated block | 95,024,474 |
| Data refreshed at | |
| Data starts | 2023-09-27 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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