Using the Impermanent Loss Calculator
Enter your inputs above and compare the result with the worked example. Review the assumptions before applying it to a trade, portfolio or tax return.
Worked example
Use the example inputs below to reproduce this result. These are the form's starting values, not recommended targets. Changing your inputs updates your result above; this worked example stays fixed for comparison. Results are rounded for display.
Example inputs
- Currency (use for all money amounts)
- USD
- Starting deposit value
- 1000
- New relative price ÷ starting relative price
- 2
- New quote token value ÷ starting quote token value
- 1
- Fees earned at valuation
- 10
Example result
- Impermanent loss (%)
- -5.7190958
- Hold value (USD)
- 1,500
- Pool value before fees (USD)
- 1,414.2136
- Difference after fees (USD)
- -75.786438
Method and assumptions
For a full-range, constant-product pool initially split 50/50 by value, pool-to-hold ratio = 2√r ÷ (1 + r), where r is the relative price change. Fees are added separately. Concentrated liquidity and other pool weights use different formulas.
Reference: uniswap.org — method and further reading
How to interpret crypto estimates
Use prices and costs in the same currency. Market observations are venue-specific. Hypothetical returns are scenarios, and historical observations do not predict future prices. These tools provide educational estimates and do not constitute investment or tax advice.
Common question
Can I use this for a concentrated position?
Use it for full-range, equal-value constant-product liquidity. A concentrated position changes asset composition when the price leaves its range.