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Learn / Risk

Impermanent loss

What a liquidity pool costs you versus just holding, when prices move apart.

Video coming soon

In plain words

In a two-token pool, the pool rebalances as prices move, so you end up with more of the token that fell. Compared with holding both, that's a loss, and it becomes permanent when you withdraw.

Worked example

If one token moves 25% against the other, you're about 0.6% behind holding.

Compare yields in the lab →

Examples use sample numbers. Estimates, not advice.