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Equity curve

GM ZORA [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.4
3M volatility
33.7%
Age
1.0 years
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 115.9% 116.0% 36.0% -27.8% -24.6%
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 115.9% 116.0% 36.0% -27.8% -24.6%

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: ZORA/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.

View all GMX pools
Xerberus logo

Xerberus risk rating

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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------------------
Ranking on Arbitrum One#22#42#55#56#153#238
Ranking on GMX#22#48#54#62#87#120
CAGR (net)119.6%115.9%116.0%36.0%-27.8%-24.6%
CAGR (gross)119.6%115.9%116.0%36.0%-27.8%-24.6%
Returns (net)2.6%7.1%25.2%18.0%-28.0%-25.0%
Returns (gross)2.6%7.1%25.2%18.0%-28.0%-25.0%
Sharpe ratio---4.842.431.26-0.42-0.33
Max drawdown0.0%0.0%-2.5%-9.7%-44.3%-44.3%

Technical Details

Pool nameGM ZORA [WETH-USDC]
Pool address0xac484106d935f0f20f1485b631fa6f65aeeff550
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL48,127.058 USDC
Peak TVL1,489,332.794 USDC
Last share price0.7 USDC
Last updated
Last updated block512,417,373
Data refreshed at
Data starts2025-09-29 12:54:21 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

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