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

🏆

Share token price

Other metrics

3M Sharpe
-0.4
3M volatility
22.1%
Age
1.2 years
Maximum drawdown
-31.3%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 19.3% -10.7% 10.5% -18.9% 4.5%
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 19.3% -10.7% 10.5% -18.9% 4.5%

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

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#172#205#1094#231#1125#616
Ranking on Arbitrum One#86#101#183#71#180#105
Ranking on GMX#80#93#75#55#71#58
CAGR (net)113.0%19.3%-10.7%10.5%-18.9%4.5%
CAGR (gross)113.0%19.3%-10.7%10.5%-18.9%4.5%
Returns (net)1.5%1.5%-2.7%5.0%-18.9%5.3%
Returns (gross)1.5%1.5%-2.7%5.0%-18.9%5.3%
Sharpe ratio7.223.49-0.400.53-0.680.30
Max drawdown0.0%0.0%-11.7%-17.2%-31.3%-31.3%

Technical Details

Vault nameGMX Market [WETH-USDC] (Arbitrum, 0x0e46941F9bfF8d0784BFfa3d0D7883CDb82D7aE7)
Vault address0x0e46941f9bff8d0784bffa3d0d7883cdb82d7ae7
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL511,397.65 USDC
Peak TVL6,077,845.115 USDC
Last share price1.046 USDC
Last updated
Last updated block496,204,118
Data refreshed at
Data starts2025-06-20 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