GMX Market [WAVAX-USDC] (Avalanche, 0x1cb9932CE322877A2B86489BD1aA3C3CfF879F0d)
View on GMX Update infoGMX V2 liquidity-provider share valued from supply-normalised onchain pool value and supply events
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- #183 overall
- #8 on
- #84 on
Share token price
3M return (ann)
▲ 31.5%
Total value locked
$59.0K
peak $261.1K
3M Sharpe
2.7
3M volatility
10.2%
Other metrics
3M Sharpe
2.7
3M volatility
10.2%
Age
0.7 years
-45.8%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| 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.
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 | #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 ratio | 7.22 | 3.49 | 2.74 | -1.33 | -0.67 | -0.67 |
| Max drawdown | 0.0% | 0.0% | -1.1% | -23.5% | -45.8% | -45.8% |
Technical Details
| Vault name | GMX Market [WAVAX-USDC] (Avalanche, 0x1cb9932CE322877A2B86489BD1aA3C3CfF879F0d) |
| Vault address | 0x1cb9932ce322877a2b86489bd1aa3c3cff879f0d |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 58,992.131 USDC |
| Peak TVL | 261,063.015 USDC |
| Last share price | 0.75 USDC |
| Last updated | |
| Last updated block | 85,340,288 |
| Data refreshed at | |
| Data starts | 2025-09-01 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 |
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