Equity curve

GM ZEC [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
1.9
3M volatility
30.0%
Age
0.8 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross -9.2% 71.6% 59.1% --- 17.1%
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 -9.2% 71.6% 59.1% --- 17.1%

* 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 WBTC 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: ZEC/USD — the price market for which traders take long and short positions.
  • Long backing token: WBTC — 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.

View all GMX pools
Xerberus logo

Xerberus risk rating

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

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#1089#1054#136#44---#144
Ranking on Arbitrum One#138#156#72#16---#47
Ranking on GMX#45#68#71#17---#45
CAGR (net)-43.7%-9.2%71.6%59.1%---17.1%
CAGR (gross)-43.7%-9.2%71.6%59.1%---17.1%
Returns (net)-1.2%-0.8%14.3%25.8%14.2%14.2%
Returns (gross)-1.2%-0.8%14.3%25.8%14.2%14.2%
Sharpe ratio----0.801.951.800.740.74
Max drawdown-2.3%-2.3%-4.1%-10.5%-20.6%-20.6%

Technical Details

Pool nameGM ZEC [WBTC-USDC]
Pool address0x587759c237acca739bce3911647bacf56c876e60
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL2,216,160.189 USDC
Peak TVL3,601,650.022 USDC
Last share price1.138 USDC
Last updated
Last updated block518,408,299
Data refreshed at
Data starts2025-12-22 15:36:52 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_gm, share_price_equivalence
Strategy tags---
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

Stay ahead with the best new vaults and essential DeFi updates.

Subscribe to Trading Strategy newsletter