GMX Market [USDC-USDC.e] (Avalanche, 0x297e71A931C5825867E8Fb937Ae5cda9891C2E99)
View on GMX Update infoGMX V2 liquidity-provider share valued from supply-normalised onchain pool value and supply events
🏆
- #963 overall
- #31 on
- #111 on
Share token price
3M return (ann)
▲ 0.5%
Total value locked
$53.7K
peak $53.8K
3M Sharpe
2.0
3M volatility
0.3%
Other metrics
3M Sharpe
2.0
3M volatility
0.3%
Age
1.1 years
0.0%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 1.6% | 0.5% | 0.3% | 0.1% | 0.1% | |
| 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 | 1.6% | 0.5% | 0.3% | 0.1% | 0.1% |
Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.
Running on GMX protocol
This vault 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 is a GMX share curve displayed in USDC. GMX values the underlying share in USD; the USDC label is a comparison convention. It approximates a single-sided USDC deposit only where USDC is accepted and does not model the deposit transaction.
Returns and period details
| Metric | Week | Month | 3 months | 6 months | Year | Lifetime |
|---|---|---|---|---|---|---|
| Ranking overall | #384 | #963 | #993 | #1026 | #1004 | #1077 |
| Ranking on Avalanche C-chain | #23 | #31 | #26 | #31 | #35 | #43 |
| Ranking on GMX | #97 | #111 | #60 | #69 | #24 | #70 |
| CAGR (net) | 7.1% | 1.6% | 0.5% | 0.3% | 0.1% | 0.1% |
| CAGR (gross) | 7.1% | 1.6% | 0.5% | 0.3% | 0.1% | 0.1% |
| Returns (net) | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| Returns (gross) | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| Sharpe ratio | 7.22 | 3.49 | 2.01 | 1.42 | 1.00 | 0.95 |
| Max drawdown | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Technical Details
| Vault name | GMX Market [USDC-USDC.e] (Avalanche, 0x297e71A931C5825867E8Fb937Ae5cda9891C2E99) |
| Vault address | 0x297e71a931c5825867e8fb937ae5cda9891c2e99 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 53,726.787 USDC |
| Peak TVL | 53,753.508 USDC |
| Last share price | 1.003 USDC |
| Last updated | |
| Last updated block | 58,393,605 |
| Data refreshed at | |
| Data starts | 2024-01-25 00:00:00 UTC |
| Fee mode | Feeless |
| Fees internalised | Yes |
| Features | 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