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
1.4
3M volatility
13.6%
Age
1.1 years
Maximum drawdown
-43.0%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 175.6% 20.4% 10.8% -19.2% -21.3%
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 175.6% 20.4% 10.8% -19.2% -21.3%

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#143#132#145#223#1126#1190
Ranking on Avalanche C-chain#6#3#3#7#39#46
Ranking on GMX#58#52#42#54#73#104
CAGR (net)907.5%175.6%20.4%10.8%-19.2%-21.3%
CAGR (gross)907.5%175.6%20.4%10.8%-19.2%-21.3%
Returns (net)4.5%8.7%4.7%5.2%-19.2%-23.2%
Returns (gross)4.5%8.7%4.7%5.2%-19.2%-23.2%
Sharpe ratio7.225.341.421.08-0.27-0.34
Max drawdown0.0%0.0%-3.7%-3.9%-43.0%-43.0%

Technical Details

Vault nameGMX Market [WAVAX-USDC] (Avalanche, 0x94cE6F65188a92F297C7f0A5A7B3cAd9013450F8)
Vault address0x94ce6f65188a92f297c7f0a5a7b3cad9013450f8
Chain Avalanche C-chain (43114)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL102,062.369 USDC
Peak TVL321,121.857 USDC
Last share price0.763 USDC
Last updated
Last updated block93,481,856
Data refreshed at
Data starts2025-07-17 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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