GM XRP [WETH-USDC]
View on GMX Update info- #136 overall
- #63 on
- #68 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 35.5% | 80.8% | 12.2% | -12.8% | 23.0% | |
| 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 | 35.5% | 80.8% | 12.2% | -12.8% | 23.0% |
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 | #1071 | #136 | #134 | #184 | #511 | #120 |
| Ranking on Arbitrum One | #137 | #63 | #74 | #86 | #131 | #35 |
| Ranking on GMX | #46 | #68 | #73 | #90 | #65 | #36 |
| CAGR (net) | -61.2% | 35.5% | 80.8% | 12.2% | -12.8% | 23.0% |
| CAGR (gross) | -61.2% | 35.5% | 80.8% | 12.2% | -12.8% | 23.0% |
| Returns (net) | -2.2% | 2.5% | 15.8% | 5.9% | -12.8% | 87.2% |
| Returns (gross) | -2.2% | 2.5% | 15.8% | 5.9% | -12.8% | 87.2% |
| Sharpe ratio | --- | 1.64 | 2.57 | 0.60 | -0.34 | 0.78 |
| Max drawdown | -2.2% | -4.5% | -4.5% | -17.1% | -31.6% | -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 | 2,719,916.833 USDC |
| Peak TVL | 12,737,745.891 USDC |
| Last share price | 1.836 USDC |
| Last updated | |
| Last updated block | 515,187,281 |
| 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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