đĄď¸Â What is impermanent loss and how can you avoid it?
If youâve explored DeFi or liquidity pools, you mightâve heard of âimpermanent loss.â But what is it, and why does it matter?
đ§Â What is impermanent loss?
When you provide liquidity to a pool (like ETH/USDT), youâre adding equal value of two tokens. If one tokenâs price changes significantly compared to the other, when you withdraw, you might end up with less value than if you just held the tokens separately. That difference is called impermanent loss.
đ Why does it happen?
Automated Market Makers (AMMs) constantly rebalance the pool. When prices shift, they sell more of one token and buy more of the other. You end up holding more of the underperforming asset.
â ď¸Â When is it permanent?
Itâs âimpermanentâ because if the price ratio returns to what it was when you entered the pool, the loss disappears. But if you withdraw while prices are still off-balance, it becomes real loss.
đĄÂ How to reduce the risk?
Provide liquidity to stablecoin pairs (e.g., USDT/BUSD) where prices donât fluctuate as much.
Choose pools with high rewards (farming APYs) that can offset the loss.
Understand the token volatility before entering any pool.
đ Should beginners avoid it?
Itâs not a scam, but itâs advanced. For most beginners, sticking with simpler products like staking or savings on Binance Earn might be a better start.
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 Always trade on reliable exchanges with large liquidity to protect yourself from market volatility.
đ Start with Binance
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