GM XRP [WETH-USDC]
- #1114 overall
- #170 on
- #78 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | -44.7% | 60.7% | 10.5% | -11.6% | 22.5% | |
| 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 | -44.7% | 60.7% | 10.5% | -11.6% | 22.5% |
* 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 | #1082 | #1114 | #123 | #166 | #527 | #106 |
| Ranking on Arbitrum One | #136 | #170 | #68 | #69 | #137 | #33 |
| Ranking on GMX | #43 | #78 | #71 | #69 | #66 | #31 |
| CAGR (net) | -36.4% | -44.7% | 60.7% | 10.5% | -11.6% | 22.5% |
| CAGR (gross) | -36.4% | -44.7% | 60.7% | 10.5% | -11.6% | 22.5% |
| Returns (net) | -0.9% | -5.0% | 12.6% | 5.1% | -11.6% | 85.5% |
| Returns (gross) | -0.9% | -5.0% | 12.6% | 5.1% | -11.6% | 85.5% |
| Sharpe ratio | --- | -3.74 | 2.04 | 0.53 | -0.29 | 0.77 |
| Max drawdown | -2.3% | -5.7% | -5.7% | -17.1% | -31.6% | -37.9% |
Access and updates
You can deposit to this vault on GMX.
If any information is incorrect or needs updating, contact the Trading Strategy team.
Contact on DiscordTechnical 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 | 2,020,284.687 USDC |
| Peak TVL | 12,737,745.891 USDC |
| Last share price | 1.819 USDC |
| Last updated | |
| Last updated block | 517,433,235 |
| 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 |
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