Impermanent Loss Calculator
Compare providing liquidity against simply holding the two tokens.
Method
How it works
This calculator assumes a 50/50 liquidity pool containing one changing token and one stable-priced token. It compares the pool's value after a price change with the value of simply holding the original two-token position.
The price ratio comes from final price divided by initial price. Impermanent loss is the percentage difference between the modelled pool value and hold value; swap fees, incentives, range liquidity and pool-weight variations are excluded.
Common questions
Frequently asked questions
What pool type does this impermanent loss calculator assume?
It assumes a constant-product 50/50 pool with one token priced against a stable token.
Are liquidity-provider fees included?
No. The result isolates impermanent loss and does not add trading fees, rewards or incentives.
Can it calculate impermanent loss for an 80/20 pool?
No. The formula is specifically for the stated 50/50 pool assumption.
Why is it called impermanent loss?
The loss is called impermanent because it exists only while the price ratio differs from the point of deposit — if the price returns to that ratio, the loss disappears. It only becomes permanent (realized) once liquidity is withdrawn and the tokens are sold at the shifted ratio.
Not financial advice. This calculator is for general informational purposes only. Check figures independently before making financial decisions.