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

🏆

Share token price

Other metrics

3M Sharpe
-1.1
3M volatility
38.3%
Age
2.9 years
Maximum drawdown
-63.0%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross -6.4% -40.1% -20.9% -36.2% 12.1%
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 -6.4% -40.1% -20.9% -36.2% 12.1%

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.

View all GMX vaults
Xerberus logo

Xerberus risk rating

View more View less

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#1093#1106#1161#1157#1188#164
Ranking on Avalanche C-chain#39#39#38#39#44#11
Ranking on GMX#116#117#125#104#118#38
CAGR (net)-40.7%-6.4%-40.1%-20.9%-36.2%12.1%
CAGR (gross)-40.7%-6.4%-40.1%-20.9%-36.2%12.1%
Returns (net)-1.0%-0.5%-11.9%-10.9%-36.2%39.0%
Returns (gross)-1.0%-0.5%-11.9%-10.9%-36.2%39.0%
Sharpe ratio-7.22-1.48-1.13-0.64-1.000.43
Max drawdown-1.0%-1.0%-17.4%-21.7%-51.4%-63.0%

Technical Details

Vault nameGMX Market [WAVAX-USDC] (Avalanche, 0xD1cf931fa12783c1dd5AbB77a0706c27CF352f25)
Vault address0xd1cf931fa12783c1dd5abb77a0706c27cf352f25
Chain Avalanche C-chain (43114)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL233,430.082 USDC
Peak TVL1,924,746.013 USDC
Last share price1.083 USDC
Last updated
Last updated block93,114,125
Data refreshed at
Data starts2023-09-27 00:00:00 UTC
Fee modeFeeless
Fees internalisedYes
Featuresgmx_gm, share_price_equivalence
Flagsliquidity_provision, market_making
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen

Stay ahead with the best new vaults and essential DeFi updates.

Subscribe to Trading Strategy newsletter