GM ZORA [WETH-USDC]
View on GMX Update info- #120 overall
- #60 on
- #56 on
Equity curve
Other metrics
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 428.9% | 101.3% | 19.9% | -31.8% | -31.8% | |
| 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 | 428.9% | 101.3% | 19.9% | -31.8% | -31.8% |
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.
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 | #1104 | #120 | #107 | #165 | #1216 | #1273 |
| Ranking on Arbitrum One | #206 | #60 | #56 | #82 | #230 | #253 |
| Ranking on GMX | #118 | #56 | #54 | #79 | #116 | #124 |
| CAGR (net) | -70.2% | 428.9% | 101.3% | 19.9% | -31.8% | -31.8% |
| CAGR (gross) | -70.2% | 428.9% | 101.3% | 19.9% | -31.8% | -31.8% |
| Returns (net) | -2.3% | 14.7% | 18.8% | 9.4% | -29.9% | -29.9% |
| Returns (gross) | -2.3% | 14.7% | 18.8% | 9.4% | -29.9% | -29.9% |
| Sharpe ratio | -6.34 | 2.98 | 2.12 | 0.78 | -0.49 | -0.49 |
| Max drawdown | -2.5% | -2.5% | -2.5% | -9.9% | -44.3% | -44.3% |
Technical Details
| Pool name | GM ZORA [WETH-USDC] |
| Pool address | 0xac484106d935f0f20f1485b631fa6f65aeeff550 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 90,824.498 USDC |
| Peak TVL | 1,487,172.179 USDC |
| Last share price | 0.654 USDC |
| Last updated | |
| Last updated block | 501,712,146 |
| Data refreshed at | |
| Data starts | 2025-09-29 00:00:00 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | amm_pool_like, gmx_gm, share_price_equivalence |
| Flags | liquidity_provision, market_making |
| Whitelist status | Permissionless |
| Deposit status | Open |
| Redemption status | Open |
Stay ahead with the best new vaults and essential DeFi updates.
Subscribe to Trading Strategy newsletter