GMX V2 liquidity-provider share valued from supply-normalised onchain pool value and supply events

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Share token price

Other metrics

3M Sharpe
2.7
3M volatility
10.2%
Age
0.7 years
Maximum drawdown
-45.8%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 31.4% 31.5% -31.5% -34.4% -34.4%
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 31.4% 31.5% -31.5% -34.4% -34.4%

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.

View all GMX vaults
Xerberus logo

Xerberus risk rating

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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

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#162#183#109#1176#1180#1222
Ranking on Avalanche C-chain#8#8#2#42#42#49
Ranking on GMX#71#84#31#122#111#124
CAGR (net)222.0%31.4%31.5%-31.5%-34.4%-34.4%
CAGR (gross)222.0%31.4%31.5%-31.5%-34.4%-34.4%
Returns (net)2.3%2.3%7.0%-17.0%-25.4%-25.4%
Returns (gross)2.3%2.3%7.0%-17.0%-25.4%-25.4%
Sharpe ratio7.223.492.74-1.33-0.67-0.67
Max drawdown0.0%0.0%-1.1%-23.5%-45.8%-45.8%

Technical Details

Vault nameGMX Market [WAVAX-USDC] (Avalanche, 0x1cb9932CE322877A2B86489BD1aA3C3CfF879F0d)
Vault address0x1cb9932ce322877a2b86489bd1aa3c3cff879f0d
Chain Avalanche C-chain (43114)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL58,992.131 USDC
Peak TVL261,063.015 USDC
Last share price0.75 USDC
Last updated
Last updated block85,340,288
Data refreshed at
Data starts2025-09-01 00:00:00 UTC
Fee modeFeeless
Fees internalisedYes
Featuresgmx_gm, share_price_equivalence
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

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