GMX Market [WETH.e-WETH.e] (Avalanche, 0x2A3Cf4ad7db715DF994393e4482D6f1e58a1b533)
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.
🏆
- #1107 overall
- #40 on
- #118 on
Share token price
3M return (ann)
▼ 2.2%
Total value locked
$66.7K
peak $4.7M
3M Sharpe
-2.0
3M volatility
1.1%
Other metrics
3M Sharpe
-2.0
3M volatility
1.1%
Age
2.1 years
-60.9%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | -6.5% | -2.2% | 62.0% | -43.2% | -12.4% | |
| 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 | -6.5% | -2.2% | 62.0% | -43.2% | -12.4% |
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 | #1079 | #1107 | #1063 | #51 | #1206 | #1169 |
| Ranking on Avalanche C-chain | #36 | #40 | #32 | #2 | #47 | #45 |
| Ranking on GMX | #107 | #118 | #63 | #13 | #125 | #94 |
| CAGR (net) | -24.9% | -6.5% | -2.2% | 62.0% | -43.2% | -12.4% |
| CAGR (gross) | -24.9% | -6.5% | -2.2% | 62.0% | -43.2% | -12.4% |
| Returns (net) | -0.5% | -0.5% | -0.5% | 26.9% | -43.1% | -24.8% |
| Returns (gross) | -0.5% | -0.5% | -0.5% | 26.9% | -43.1% | -24.8% |
| Sharpe ratio | -7.22 | -3.49 | -2.01 | 1.40 | -0.82 | 0.18 |
| Max drawdown | -0.5% | -0.5% | -0.5% | -0.5% | -60.8% | -60.9% |
Technical Details
| Vault name | GMX Market [WETH.e-WETH.e] (Avalanche, 0x2A3Cf4ad7db715DF994393e4482D6f1e58a1b533) |
| Vault address | 0x2a3cf4ad7db715df994393e4482d6f1e58a1b533 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 66,674.147 USDC |
| Peak TVL | 4,650,824.39 USDC |
| Last share price | 0.757 USDC |
| Last updated | |
| Last updated block | 93,468,748 |
| Data refreshed at | |
| Data starts | 2024-06-29 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