P&L in FIVA

When you check your positions in FIVA, you'll notice a "P&L" figure displayed alongside each of your investments. This number represents critical information about your investment's performance, but what exactly does it mean and why should you care about it?

What is P&L?

P&L stands for "Profit and Loss" – it's the definitive measure of your investment performance. Rather than just showing you how much your position is worth right now, P&L answers a more meaningful question: "Has this investment strategy made me better off than if I had simply held onto my original tokens?"

For example, if you deposited 100 TON into a yield strategy two months ago, your P&L tells you whether that decision has generated more value than if you had just kept those 100 TON in your wallet.

Why P&L is Measured in Base Assets

Your P&L is calculated in terms of what we call the "base asset" – the fundamental token that you've committed to the protocol to generate yield.

Think of the base asset as the "raw ingredient" that the yield strategy puts to work:

• In Tonstakers pools, TON is the base asset being staked to earn rewards

• In Storm Trade liquidity pools, tokens like USDT, TON or NOT are the base assets that earn trading fees

• In EVAA lending markets, USDT is the base asset generating interest

We calculate your P&L in terms of these base assets because it provides a clearer picture of your true performance. Imagine you deposited 100 TON when it was worth $3 each, and now TON is worth $5. Your dollar value would be up regardless of how the yield strategy performed. By calculating P&L in the base asset, we can show exactly how many additional TON tokens your strategy has earned compared to simply holding TON.

Your dashboard displays P&L in both USD value and base asset terms, giving you flexibility to view your performance in the format most relevant to your investment goals.

A positive P&L of +5 TON means you've gained 5 more TON than if you had just held onto your original deposit – your strategy is working! A negative P&L of -2 TON means you would have been better off just holding your tokens.

Additional Details

Total P&L: The Complete Picture

The P&L figure in your dashboard represents your total performance, combining:

• Realized P&L: Profits or losses you've already captured through withdrawals or token exchanges

• Unrealized P&L: The current gain or loss on your active positions based on present market conditions

By including both components, FIVA gives you the complete assessment of your investment's performance across all your interactions with the protocol.

For instance, if you've withdrawn some profits earlier and still have an active position showing gains, your total P&L captures both of these components together.

P&L Calculation Limitations

Your P&L calculation is based on transactions that occur through the FIVA interface. Since the system doesn't have visibility into external transfers or operations performed outside the platform, unusual token balance changes may affect the accuracy of your P&L metrics.

Using P&L to Improve Your Strategy

Your P&L isn't just a number – it's a powerful tool for optimizing your DeFi strategy:

• Compare P&L across different yield strategies to see which ones are performing best

• Track how your P&L changes over time to understand how different market conditions affect your investments

• Use P&L insights to decide when to shift assets between strategies

By paying attention to your P&L figures, you can make more informed decisions about where to allocate your assets in the TON ecosystem and maximize your returns over time.