Impermanent Loss Calculator

Impermanent loss is the difference between holding tokens in a liquidity pool and simply holding the same tokens in your wallet. It happens when the relative price of the pooled assets changes after you provide liquidity.

In a standard AMM pool, the pool rebalances token amounts as traders swap. If one asset rises relative to the other, the LP position gradually holds less of the outperforming asset and more of the underperforming asset. The pool can still gain in dollar terms, but it may be worth less than the HODL alternative.

Trading fees can partially or fully offset impermanent loss, but they are not guaranteed. Fee income depends on pool volume, fee tier, your pool share, token incentives and the time you stay in the pool.

This page lets you add an optional fee amount. If the fee value is your own earned fee income, leave pool share at 0. If the fee value is total pool fees, add your pool share so the calculator estimates your portion.

This liquidity pool loss calculator is built for standard 50/50 constant product AMM pools. It may not apply to concentrated liquidity positions, stable swap curves, custom-weighted pools, multi-token pools, protocol-level IL protection or dynamic fee designs.

The calculator does not automatically include gas fees, taxes, MEV, slippage, live pool volume, changing APY, token reward decay, smart contract risk or oracle risk. Add external costs separately when you have them.