GM XRP [WETH-USDC]
View on GMX Update info- #156 overall
- #89 on
- #86 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 270.2% | 106.4% | 10.8% | -18.8% | 23.2% | |
| 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 | 270.2% | 106.4% | 10.8% | -18.8% | 23.2% |
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 WETH 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: WETH — 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 | #106 | #156 | #105 | #262 | #1178 | #114 |
| Ranking on Arbitrum One | #62 | #89 | #54 | #108 | #202 | #33 |
| Ranking on GMX | #74 | #86 | #52 | #98 | #92 | #32 |
| CAGR (net) | 42.4% | 270.2% | 106.4% | 10.8% | -18.8% | 23.2% |
| CAGR (gross) | 42.4% | 270.2% | 106.4% | 10.8% | -18.8% | 23.2% |
| Returns (net) | 0.7% | 11.4% | 19.5% | 5.2% | -18.8% | 85.0% |
| Returns (gross) | 0.7% | 11.4% | 19.5% | 5.2% | -18.8% | 85.0% |
| Sharpe ratio | 2.11 | 3.82 | 2.83 | 0.53 | -0.55 | 0.78 |
| Max drawdown | -1.1% | -2.1% | -5.9% | -17.1% | -35.2% | -37.9% |
Technical Details
| Pool name | GM XRP [WETH-USDC] |
| Pool address | 0x0ccb4faa6f1f1b30911619f1184082ab4e25813c |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 1,371,062.896 USDC |
| Peak TVL | 12,532,553.161 USDC |
| Last share price | 1.814 USDC |
| Last updated | |
| Last updated block | 504,798,484 |
| Data refreshed at | |
| Data starts | 2023-10-04 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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