Aerodrome earnings
+$1,103 net profit after costs
Cash earnings, before costs
Relative to holding the initial tokens
Includes income and costs
BTC / USDC
$5,000cbBTC on Base
Example APR
100.0% of the price path earns income · IL -2.93%
Initial deposit: 0.026995 cbBTC + $2,853 USDC.
Exit holdings: 0.007864 cbBTC + $4,520 USDC.
ETH / USDC
$5,000WETH on Base
Example APR
100.0% of the price path earns income · IL -2.93%
Initial deposit: 0.8558 WETH + $2,853 USDC.
Exit holdings: 0.2493 WETH + $4,520 USDC.
What if prices move?
Both assets move by the same percentage from entry. APRs and ranges stay fixed over 90 days.
Price scenarios
| Both price change | Ending value | Net profit | Yield at exit | Impermanent loss | LP vs. hold |
|---|---|---|---|---|---|
| -50% | $5,849 | -$4,151 | $302 | -$2,296 | -$2,004 |
| -25% | $8,803 | -$1,197 | $514 | -$627 | -$123 |
| 0% | $10,545 | $545 | $555 | $0 | $545 |
| +25% | $11,152 | $1,152 | $575 | -$487 | $79 |
| +50% | $10,939 | $939 | $347 | -$1,545 | -$1,209 |
| +100% | $10,765 | $765 | $173 | -$3,692 | -$3,529 |
Calculation assumptions
Refreshing updates entry prices and preserves your percentage price moves and ranges. APR stays unchanged until you apply a pool reference. APR applies to the changing LP value. Reinvested yield is valued at the exit price. Concentrated positions follow a straight price path, earning only while inside their range. USDC is fixed at $1. AERO realization adjusts the dollar value of staking rewards.
Model, data sources, and limits
Full-range positions use a 50/50 constant-product model. Concentrated positions use square-root liquidity math and the actual starting token mix for the holding comparison. Ranges are continuous approximations, not tick-rounded deposits. Reinvestment adds liquidity in the token proportions required at the current price.
APR accrues continuously on current LP value while the position is active. Cash mode holds the proceeds. Daily mode sells to cash as rewards accrue and deposits that cash at each day end. Continuous mode instantly sells and reinvests, multiplying liquidity by exp of effective APR × active days / 365. AERO realization multiplies reward income only. At 50%, rewards sell for half their assumed dollar value. Fees and AERO emissions are alternatives, never added together. Reinvestment assumes no per-cycle fees or slippage. Total costs are deducted at the end, rather than taken from compounding capital. Tax is excluded.
DefiLlama pool figures are backward-looking references. The adapter annualizes daily fees and emissions despite naming the fields APY. They are not a quote for your selected range. Concentrated position APR depends on active liquidity and range width. Enter an effective APR for your position. Fee references may be gross of the unstaked protocol charge, so reduce the assumption where needed. Pool observations have a retrieval time but no provider observation timestamp.
USDC remains $1 and cbBTC/WETH track BTC/ETH. Depegs, token risk, changing rewards, and non-linear price paths are not simulated. A price path that leaves and re-enters the range can earn a different amount. These are scenarios, not guaranteed returns.