GM XRP [WETH-USDC]
View on GMX Update info- #136 overall
- #65 on
- #70 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 61.4% | 102.2% | 23.9% | -17.0% | 24.1% | |
| 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 | 61.4% | 102.2% | 23.9% | -17.0% | 24.1% |
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 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 | #1050 | #136 | #130 | #155 | #504 | #122 |
| Ranking on Arbitrum One | #149 | #65 | #64 | #77 | #134 | #35 |
| Ranking on GMX | #60 | #70 | #63 | #83 | #69 | #37 |
| CAGR (net) | -45.9% | 61.4% | 102.2% | 23.9% | -17.0% | 24.1% |
| CAGR (gross) | -45.9% | 61.4% | 102.2% | 23.9% | -17.0% | 24.1% |
| Returns (net) | -1.2% | 4.2% | 19.3% | 11.2% | -17.0% | 91.3% |
| Returns (gross) | -1.2% | 4.2% | 19.3% | 11.2% | -17.0% | 91.3% |
| Sharpe ratio | --- | 2.43 | 2.91 | 0.99 | -0.49 | 0.81 |
| Max drawdown | -2.4% | -2.4% | -3.0% | -17.1% | -35.3% | -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 | 3,690,496.799 USDC |
| Peak TVL | 12,737,745.891 USDC |
| Last share price | 1.877 USDC |
| Last updated | |
| Last updated block | 512,530,506 |
| Data refreshed at | |
| Data starts | 2023-10-04 22:44:21 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 |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter