QuantumPools · Deep diveEarnings Rate

LP education · reading your card

Earnings Rate: what your percentage really says

“My card says 18.3%. Is that what I'll earn this year?” Only if the past pace repeats and the value stays put. It's a rear-view mirror.

The short version

Same $0.50 a day in fees (before the 15%), three different rates. The fees never changed. The value did.

worth $900
20.3%
worth $1,000
18.3%
worth $1,100
16.6%

All three earn $0.50 a day.

Earnings Rate = (fees earned ÷ days held) × 365 ÷ today's value One key variable: today's value, the bottom of the fraction.

Illustrative, not a promise. Fees earned means collected plus still in the pool.

1 · What it measures

A rear-view mirror, not a promise

It averages the fees you've already earned per day. Then it stretches that pace to a year and divides by what the position is worth today.

The rate machine: $15.00 of fees in 30 days, divided by 30 is $0.50 a day, times 365 is $182.50 a year, divided by today's value of $1,000 is an Earnings Rate of 18.3%. $15.00 fees earned in 30 days ÷ 30 $0.50 a day × 365 $182.50 a year ÷ $1,000 today's value EARNINGS RATE 18.3%
Illustrative, not a promise
Past fees, stretched to a year, over today's value. Nothing in it looks ahead.
sample numbers
Earnings Rate
18.3%
$0.50 / day

The Earnings Rate tile on your position card. See the full card, decoded.

2 · The key variable

Price moves the rate. Your fees stay put.

Keep fees at $0.50 a day and slide the value. The rate swings. What you earned doesn't.

$0.50 a day · 18.3%at $1,000
Earnings Rate against today's value with fees fixed at $0.50 a day: 22.8% at $800, 20.3% at $900, 18.3% at $1,000, 16.6% at $1,100 and 15.2% at $1,200.
Lower value, higher rate, same fees. Drag the slider or the chart. Illustrative, not a promise.
Table view
Today's valueFees a dayEarnings Rate
$800$0.5022.8%
$900$0.5020.3%
$1,000$0.5018.3%
$1,100$0.5016.6%
$1,200$0.5015.2%
A higher rate after price dips isn't extra income. It's the same fees over a smaller value.

3 · The running average

Idle days count too

Days out of range earn nothing, but they still count. Watch the rate: 27.4% on day 10, 13.7% after ten idle days, 18.3% once earning resumes. Same $15.00 card as above.

30-day story, value held at $1,000. Days 1 to 10 in range at $0.75 a day: rate 27.4% on day 10 with $7.50 earned. Days 11 to 20 out of range, earning nothing: rate falls to 13.7% on day 20. Days 21 to 30 back in range: rate rises to 18.3% on day 30 with $15.00 earned. Use left and right arrow keys to step through days.
after day 10
27.4%
$7.50
fees so far
after day 20
13.7%
$7.50
fees so far
after day 30
18.3%
$15.00
fees so far

Your Delay and Auto Snuggle settings shape how long a quiet stretch lasts →

The rate is a running average. Quiet days pull it down. Value held at $1,000 to keep it simple. Illustrative, not a promise.
Table view
DayFees so farPer dayEarnings Rate
10$7.50$0.7527.4%
20$7.50$0.3813.7%
30$15.00$0.5018.3%

4 · Read it in context

Read it with its two partners

Each number on your card answers a different question. Together they tell the story.

$ / dayHow much, per day, on average so far?e.g. $0.50 / day
Earnings RateHow fast, against today's value?e.g. 18.3%
Cover ValueAre fees beating impermanent loss?fees ÷ impermanent loss · Read →
Simple ×365, not compounded → Compounding

5 · Your turn

Try your own card

Put in your fees and days held. No total handy? Use your card's $ / day × days since you deposited. Then change today's value and watch the rate move.

Average per day
$0.50
A year at this pace
$182.50
Earnings Rate
18.3%
exact 18.25%
if value drops 10% → 20.3% (same fees) if value rises 10% → 16.6% (same fees)
Replay the idle-days story:

Looks back, not forward. Fees = collected plus still in the pool.

Honest limits

Great for reading the past. Not a forecast.

Useful for

  • Comparing how fast positions have earned so far.
  • Spotting a quiet or idle stretch.
  • Reading your card calmly when price moves.

Not for

  • Forecasting. It looks back.
  • Profit. It leaves out impermanent loss and price moves.
  • Compounding. It's a simple ×365 pace.
  • Take-home. Fees still in the pool count in full. 15% comes off when they're collected.

It moves when the position's value moves, even if fees don't. Illustrative numbers, not this pool's. More in Fees and Risks.

What to do with this

Rate jumped? Check $ per day first. If it held steady, price moved, not your earnings.

That's reading the card like a pro: $ per day, then the rate, then Cover Value.

Next: what putting fees back in adds → Compounding
Your card, decodedYour first position →Every tile on the card, one line each. Your numbersMetrics →See your own positions' figures.

Educational content, not financial advice. Providing liquidity can lose money; nothing here promises returns.