SPYx/USDC 0.10%
LiveSources differ by figure; each one shows its own source and time.
TVL
$2M
On-chain · slot 468,100,999 · 19:08 SGT
Volume 24h
$322.2K
Derived · LP fees ÷ fee rate, 24h · 19:08 SGT
Pool fee APR (to LPs)
11.4%
On-chain · fee counters, 7d window · 19:08 SGT24h 5.0% · 7d 11.4%13.6% before protocol cut
Vol / TVL
16%
from the two figures left
Price (USDC)
761.36
On-chain · slot 468,100,999 · 19:08 SGT
Set a range alert
Net Yield Truth Label
+11.8%
est. net APR at the defaults below
Your fees ≈ pool fee APR 11.4% (LPs' 84% of 13.6%; the protocol keeps the rest) × range concentration 2.09× × time in range 95%
Pool fee APR from On-chain · fee counters, 7d window · 19:08 SGT
Measured: the average pool dollar behaves like a ±17% range. Active liquidity within ±0.7% of the price vs TVL, Solana slot 468,101,022, 11 Nov, 19:08 SGT.
- • TVL is under $5M, so fee APR moves a lot day to day.
- • Fee APR rests on unusual volume: the 7-day average is 3.9× the median day of the last 30. At a median day's volume the pool fee APR would be about 3%.
- • SPY only trades in US market hours; this pool trades 24/7. News and earnings land while you can't hedge, and arbitrage reprices the pool in one step at the open (largest daily move in the last 43 days: 4.8%). Out of range below means you hold only the stock.
How this is estimated
- Pool fee APR = trading fees ÷ TVL, from 7-day average volume where available, times the share of fees LPs actually receive. Uniswap v3 (fee switch), PancakeSwap v3 and Aerodrome (unstaked LPs) keep a cut that we read on-chain; Raydium's 84% LP share is from its docs. Token incentives, points and airdrops are excluded.
- That is what an average pool dollar earns. For EVM pools we measure how concentrated that dollar is on-chain: the pool's active liquidity within about a day's typical move of the price, compared with its TVL (idle, out-of-range liquidity counts in TVL but earns nothing).
- Where our own hourly readings saw denser liquidity at the price than that one read (automated managers re-centre as the price moves), we use what the readings saw, so the average dollar is never less concentrated than it has actually been.
- Where we can't read the pool (Solana, or an RPC failure) we fall back to assuming the average dollar behaves like a ±0.5% (stable), ±10% (stock), ±25% (blue-chip) or ±50% (volatile) range, and say so.
- A tighter range earns proportionally more per $ while in range, a wider one less. The advantage is capped at 8×, and your fee APR at 100%.
- Fees only accrue in range. We use the expected share of the horizon in range for a driftless random walk sized by your typical move.
- IL drag = expected loss vs holding at the horizon for your concentrated position, annualized as if you reset the range every horizon.
- Not modelled: compounding, JIT/MEV competition, rebalancing swaps, and fee APR changing over the horizon.
- Range (Coach)
- 700.45 – 822.27
- Capital · horizon
- $10,000 · 30d
- Typical move (1σ) · gas
- ±6% · $1
Range Studio — how would this range have done?
Liquidity around the price
S&P 500 ETF (SPY) as an LP position
- Realized move, 30d (1σ)
- ±5.5%
- Worst day (last 43)
- 4.8%
- LP fee APR · median day
- 11.4% · 2.9%
- Token family
- xStocks
Market hours
Pool contract 6truu3rZuiB9rKQg4VYC3Dt3QwV7DgwGqXrYUcrvnDDE