MCAP $2.60T ▼ 2.78% Last updated 2 Nov 2026, 22:06 UTC 24H VOL $69.0B Last updated 2 Nov 2026, 22:06 UTC BTC.D 59.2% Last updated 2 Nov 2026, 22:06 UTC FEAR & GREED 37 Fear Last updated 2 Nov 2026, 00:00 UTC BTC FEE 1 sat/vB Last updated 2 Nov 2026, 22:05 UTC BTC $76,756 ▼ 1.35% Last updated 2 Nov 2026, 22:04 UTC ETH $2,255 ▼ 0.27% Last updated 2 Nov 2026, 22:04 UTC MGLOEURO $111,813 ▼ 0.36% Last updated 27 Oct 2026, 02:04 UTC USDT $0.9986 ▼ 0.06% Last updated 2 Nov 2026, 22:04 UTC BNB $698.47 ▼ 1.21% Last updated 2 Nov 2026, 22:04 UTC XRP $1.25 ▲ 0.18% Last updated 2 Nov 2026, 22:04 UTC USDC $0.9993 ▼ 0.12% Last updated 2 Nov 2026, 22:04 UTC SOL $92.08 ▼ 2.32% Last updated 2 Nov 2026, 22:04 UTC TRX $0.3186 ▲ 1.83% Last updated 2 Nov 2026, 22:04 UTC FIGR_HELOC $1.07 ▼ 1.01% Last updated 2 Nov 2026, 14:16 UTC

DeFi scenarios

Impermanent loss calculator

Compare a full-range 50/50 liquidity pool with holding.

Your inputs

Values stay in this page. Use the units shown beside each field.

Use a price greater than zero in the same quote currency throughout.
Use a price greater than zero in the same quote currency throughout.

Result

Enter your values, then calculate. You can also load the worked example.

Your result will appear here.

Compare a 50/50 full-range constant-product liquidity position with holding its starting assets. Enter one asset's initial and final price in the other asset.

How the calculation works

Relative price ratio r = final price ÷ initial price. LP return difference versus holding = 2 × √r ÷ (1 + r) - 1.

Worked example

Example: when the relative asset price doubles, this pool model ends about 5.719096% below holding the initial assets, before fees and incentives.

How to use the result

Both prices must express the same token in the same other token. If both assets change in fiat terms, use their relative ratio rather than only one fiat price.

The signed result is negative when the modelled pool underperforms holding. Loss magnitude shows that gap as a positive percentage.

What this result leaves out

  • Only 50/50 full-range constant-product pools. Concentrated liquidity, other weights and stable-swap curves need different models.
  • Trading fees, incentives, gas, taxes and protocol risks are excluded.

Method and sources

Calculation method reviewed 23 October 2026. This is an estimate from your inputs, not investment or tax advice.