LP Calculator

Impermanent loss calculator, APR/APY analysis, and LP incentive model comparison

Impermanent Loss Calculator

Token A / Token B (Stablecoin) LP pair. Token B assumed at $1.

$
$
USD
Price Change
+50.0%
1.50x
Impermanent Loss
-2.02%
$-2,702.04
HODL Value
$12,500.00
LP Value
$9,797.96
HODL vs LP ComparisonLoss: $2,702.04
HODL
$12,500.00
LP
$9,797.96
IL Curve (by Price Ratio)
0.1x
-42.50%
0.25x
-20.00%
0.5x
-5.72%
0.75x
-1.03%
1x
0% (no change)
1.25x
-0.62%
1.5x
-2.02%
2x
-5.72%
3x
-13.40%
5x
-25.46%
10x
-42.50%
IL Reference Table
Price ChangeIL %
1.25x (25% up)-0.62%
1.5x (50% up)-2.02%
2x (100% up)-5.72%
3x (200% up)-13.40%
5x (400% up)-25.46%
0.5x (50% down)-5.72%
0.25x (75% down)-20.00%

APR / APY Calculator

Calculate yield with compounding and breakeven against impermanent loss.

%
%
Total APR
25.0%
Fee + Reward
APY (Compounded)
28.4%
daily
Breakeven
30
days to offset IL
净 1 年回报(收益 − 一次性 IL)
23.0%
年化收益 − 一次性 IL · 示意
Profitable: Yield (25.0%) exceeds IL (2.02%)
You need at least 30 days of LP to offset the impermanent loss.

Incentive Model Comparison

How different protocols incentivize liquidity providers.

Trading Fees Only⭐⭐⭐⭐⭐
Uniswap V3
Pros: Organic, sustainable
Cons: Low APR for small pools
Token Rewards⭐⭐
SushiSwap
Pros: High APR, attracts TVL
Cons: Sell pressure, mercenary capital
veToken/Gauge⭐⭐⭐⭐
Curve/Balancer
Pros: Long-term alignment
Cons: Complexity, governance capture
Real Yield⭐⭐⭐⭐
GMX/GNS
Pros: Revenue sharing
Cons: Dependent on trading volume
Points/Season⭐⭐⭐
Blast/Ethena
Pros: Flexible, gamified
Cons: Uncertain value, fatigue
Sustainability ratings are subjective assessments based on long-term incentive alignment and real yield potential.