We have started the Trading Strategy podcast. Listen to us on YouTube and Spotify.

Equity curve

GM ZEC [WBTC-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.4
3M volatility
30.8%
Age
0.8 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 65.9% 99.5% 89.3% --- 21.0%
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 65.9% 99.5% 89.3% --- 21.0%

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 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#1047#131#131#36---#135
Ranking on Arbitrum One#147#64#65#11---#42
Ranking on GMX#59#69#64#10---#45
CAGR (net)-42.7%65.9%99.5%89.3%---21.0%
CAGR (gross)-42.7%65.9%99.5%89.3%---21.0%
Returns (net)-1.1%4.4%18.9%37.3%15.8%15.8%
Returns (gross)-1.1%4.4%18.9%37.3%15.8%15.8%
Sharpe ratio---2.132.382.330.840.84
Max drawdown-2.6%-4.1%-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 TVL2,305,176.761 USDC
Peak TVL3,601,650.022 USDC
Last share price1.154 USDC
Last updated
Last updated block510,019,346
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