Impermanent Loss Calculator
Calculate losses from providing liquidity in DeFi pools
Example: ETH, BTC — token whose price changes
Example: USDC, USDT — stable token
Impermanent Loss
-2.02%
-$50.51
If you held (HODL)
$2,500.00
In liquidity pool
$2,449.49
Initial Value
$2,000.00
Pool fees may offset IL. Consider pool APY when making decisions.
| Price Change | Impermanent Loss |
|---|---|
| -90% | -42.50% |
| -75% | -20.00% |
| -50% | -5.72% |
| -25% | -1.03% |
| +25% | -0.62% |
| +50% | -2.02% |
| +100% | -5.72% |
| +200% | -13.40% |
| +300% | -20.00% |
| +500% | -30.01% |
Impermanent Loss (IL) is the difference between the value of assets in a liquidity pool and their value if you simply held them. When the price of one token changes relative to another, the AMM algorithm rebalances the pool, and you get less profit than with regular holding.
Example
You deposited $1,000 ETH + $1,000 USDC in a pool. ETH rose 50%. If you held, you'd have $2,500. In the pool — approximately $2,449. The $51 difference (2%) is impermanent loss.
Choose correlated pairs
Pools with similar assets (ETH/stETH) have minimal IL.
Stablecoin pairs
USDC/USDT pools have virtually no IL, but lower yields.
Consider fees
High pool APY can offset impermanent losses.