GMX Market [WETH-USDC] (Arbitrum, 0xac484106d935f0f20F1485b631fA6F65AeEff550)
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.
🏆
- #79 on
- #76 on
Share token price
3M return (ann)
▼ 14.8%
Total value locked
$40.6K
peak $1.5M
3M Sharpe
-0.9
3M volatility
16.3%
Other metrics
3M Sharpe
-0.9
3M volatility
16.3%
Age
0.8 years
-44.3%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination
Performance and fees
| 1M | 3M | 6M | 1Y | Lifetime | ||
|---|---|---|---|---|---|---|
| Gross Gross | 54.3% | -14.8% | -55.6% | -46.1% | -46.1% | |
| 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 | 54.3% | -14.8% | -55.6% | -46.1% | -46.1% |
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.
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 | --- | --- | --- | --- | --- | --- |
| Ranking on Arbitrum One | #80 | #79 | #188 | #243 | #242 | #256 |
| Ranking on GMX | #74 | #76 | #80 | #135 | #132 | #133 |
| CAGR (net) | 181.0% | 54.3% | -14.8% | -55.6% | -46.1% | -46.1% |
| CAGR (gross) | 181.0% | 54.3% | -14.8% | -55.6% | -46.1% | -46.1% |
| Returns (net) | 2.0% | 3.6% | -3.9% | -33.0% | -38.9% | -38.9% |
| Returns (gross) | 2.0% | 3.6% | -3.9% | -33.0% | -38.9% | -38.9% |
| Sharpe ratio | 7.22 | 4.99 | -0.90 | -1.19 | -0.95 | -0.95 |
| Max drawdown | 0.0% | 0.0% | -9.7% | -36.5% | -44.3% | -44.3% |
Technical Details
| Vault name | GMX Market [WETH-USDC] (Arbitrum, 0xac484106d935f0f20F1485b631fA6F65AeEff550) |
| Vault address | 0xac484106d935f0f20f1485b631fa6f65aeeff550 |
| Chain | |
| Denomination | |
| Exchange rate used | 1 USDC = $1.0000 |
| Share token | GM |
| Protocol | GMX |
| Homepage | View vault on protocol website |
| Current TVL | 40,560.887 USDC |
| Peak TVL | 1,487,172.179 USDC |
| Last share price | 0.57 USDC |
| Last updated | |
| Last updated block | 484,662,295 |
| Data refreshed at | |
| Data starts | 2025-09-29 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