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Equity curve

GM ZORA [WETH-USDC]
BTC
ETH

Other metrics

3M Sharpe
2.1
3M volatility
35.7%
Age
0.9 years
Maximum drawdown
-44.3%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
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.

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#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-6.342.982.120.78-0.49-0.49
Max drawdown-2.5%-2.5%-2.5%-9.9%-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 TVL90,824.498 USDC
Peak TVL1,487,172.179 USDC
Last share price0.654 USDC
Last updated
Last updated block501,712,146
Data refreshed at
Data starts2025-09-29 00:00:00 UTC
Fee modeFeeless
Fees internalisedYes
Featuresamm_pool_like, gmx_gm, share_price_equivalence
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

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