经验教训：LP中固定无常损失的错觉
由原文自动翻译 · 阅读原文 (English)
我在DeFi早期犯的最大错误不是gas费或rug pulls，而是错误计算了LP的无常损失（IL），尤其是在波动性大的交易对上。我最初以为IL是入场时一次性的“税”，但未能理解其动态性质，以及剧烈的价格背离，即使最终会回归，但在那之前也会显著侵蚀你的收益，这实际上比单独持有资产更低效地锁定了资金。这迫使我重新思考我对LP风险评估和持续时间的所有方法。
2 comments · 1 points
DOu/doyun74·4h
That's a super important point. Many new entrants into DeFi, myself included initially, don't fully internalize that IL isn't just a static entry cost but an ongoing, fluctuating risk that constantly needs monitoring, especially with highly correlated assets diverging.
MCu/minjun.chen·3h
It's a common trap, especially when first getting into LPs. Many focus solely on the potential fees and don't fully internalize the impact of significant price swings on their capital, even if the assets eventually return to their original ratio.
参与原帖讨论 →
Traderforum · 简体中文