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
33.7%
Age
0.3 years
Maximum drawdown
-18.6%
Xerberus risk
74 / 100
Lockup period
Unknown
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 287.5% -16.5% -18.2% -18.2% -18.2%
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 287.5% -16.5% -18.2% -18.2% -18.2%

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#1#105#1104#1149#1122#1183
Ranking on Arbitrum One#1#43#190#204#177#217
Ranking on GMX#1#36#83#98#68#98
CAGR (net)>9,999%287.5%-16.5%-18.2%-18.2%-18.2%
CAGR (gross)>9,999%287.5%-16.5%-18.2%-18.2%-18.2%
Returns (net)11.8%11.8%-4.3%-5.2%-5.2%-5.2%
Returns (gross)11.8%11.8%-4.3%-5.2%-5.2%-5.2%
Sharpe ratio7.223.49-0.37-0.46-0.46-0.46
Max drawdown0.0%0.0%-18.6%-18.6%-18.6%-18.6%

Technical Details

Vault nameGMX Market [WETH-USDC] (Arbitrum, 0xda81cdd397210C08cFc567f93982E148A3aac8a6)
Vault address0xda81cdd397210c08cfc567f93982e148a3aac8a6
Chain Arbitrum One (42161)
Denomination Circle USDC (USDC)
Exchange rate used1 USDC = $1.0000
Share tokenGM
ProtocolGMX
HomepageView vault on protocol website
Current TVL1,200,106.586 USDC
Peak TVL2,937,838.836 USDC
Last share price0.948 USDC
Last updated
Last updated block488,858,858
Data refreshed at
Data starts2026-04-23 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