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
-1.7
3M volatility
31.0%
Age
0.6 years
Maximum drawdown
-42.6%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 251.4% -42.9% -31.3% -50.5% -50.5%
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 251.4% -42.9% -31.3% -50.5% -50.5%

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#181#115#1165#1175#1220#1242
Ranking on Arbitrum One#90#49#232#226#246#257
Ranking on GMX#85#42#127#121#135#135
CAGR (net)69.3%251.4%-42.9%-31.3%-50.5%-50.5%
CAGR (gross)69.3%251.4%-42.9%-31.3%-50.5%-50.5%
Returns (net)1.0%10.9%-12.9%-16.9%-34.6%-34.6%
Returns (gross)1.0%10.9%-12.9%-16.9%-34.6%-34.6%
Sharpe ratio7.224.32-1.65-1.23-1.94-1.94
Max drawdown0.0%-1.0%-21.5%-25.1%-42.6%-42.6%

Technical Details

Vault nameGMX Market [WBTC-USDC] (Arbitrum, 0x3B4689d69516b9D4b1aaf7545c6fC4d3ED70b70b)
Vault address0x3b4689d69516b9d4b1aaf7545c6fc4d3ed70b70b
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL240,818.238 USDC
Peak TVL504,202.456 USDC
Last share price0.654 USDC
Last updated
Last updated block495,715,722
Data refreshed at
Data starts2026-01-09 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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