GMX Market [WAVAX-WAVAX] (Avalanche, 0x08b25A2a89036d298D6dB8A74ace9d1ce6Db15E5)
View on GMX Update infoGMX V2 liquidity-provider share valued from supply-normalised onchain pool value and supply events
- The value in this vault is down more than 95% of its peak. The vault is likely abandoned or facing issues.
🏆
- #212 overall
- #11 on
- #96 on
Share token price
3M return (ann)
▼ 79.4%
Total value locked
$222.9K
peak $13.3M
3M Sharpe
-2.5
3M volatility
55.5%
Other metrics
3M Sharpe
-2.5
3M volatility
55.5%
Age
2.1 years
-87.2%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 18.1% | -79.4% | -78.4% | -68.3% | -46.3% | |
| 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 | 18.1% | -79.4% | -78.4% | -68.3% | -46.3% |
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.
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 | #132 | #212 | #1181 | #1206 | #1239 | #1240 |
| Ranking on Avalanche C-chain | #3 | #11 | #44 | #45 | #50 | #50 |
| Ranking on GMX | #50 | #96 | #138 | #138 | #137 | #134 |
| CAGR (net) | 1,851.1% | 18.1% | -79.4% | -78.4% | -68.3% | -46.3% |
| CAGR (gross) | 1,851.1% | 18.1% | -79.4% | -78.4% | -68.3% | -46.3% |
| Returns (net) | 5.9% | 1.4% | -32.3% | -53.0% | -68.2% | -72.1% |
| Returns (gross) | 5.9% | 1.4% | -32.3% | -53.0% | -68.2% | -72.1% |
| Sharpe ratio | 7.22 | 0.82 | -2.53 | -1.95 | -1.06 | -0.28 |
| Max drawdown | 0.0% | -4.2% | -36.1% | -55.6% | -81.6% | -87.2% |
Technical Details
| Vault name | GMX Market [WAVAX-WAVAX] (Avalanche, 0x08b25A2a89036d298D6dB8A74ace9d1ce6Db15E5) |
| Vault address | 0x08b25a2a89036d298d6db8a74ace9d1ce6db15e5 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 222,853.446 USDC |
| Peak TVL | 13,347,063.959 USDC |
| Last share price | 0.278 USDC |
| Last updated | |
| Last updated block | 90,438,024 |
| Data refreshed at | |
| Data starts | 2024-06-26 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