{"id":433,"date":"2026-08-06T13:37:42","date_gmt":"2026-08-06T13:37:42","guid":{"rendered":"https:\/\/mycoinpartner.com\/tools\/impermanent-loss-calculator\/"},"modified":"2026-08-06T13:37:42","modified_gmt":"2026-08-06T13:37:42","slug":"impermanent-loss-calculator","status":"publish","type":"page","link":"https:\/\/mycoinpartner.com\/fr\/tools\/impermanent-loss-calculator\/","title":{"rendered":"Calculateur de perte impermanente"},"content":{"rendered":"<p>La perte impermanente est l\u2019\u00e9cart entre conserver deux actifs et les mettre en pool. Ce n\u2019est pas un frais et personne ne vous la pr\u00e9l\u00e8ve \u2014 c\u2019est de l\u2019arithm\u00e9tique, et elle cro\u00eet avec la divergence.<\/p>\n<div class=\"mcp-tool\" data-mcp-tool=\"impermanent-loss-calculator\"><div class=\"mcp-tool__in\"><label class=\"mcp-f\"><span class=\"mcp-f__l\">Valeur d\u00e9pos\u00e9e ($)<\/span><input class=\"mcp-f__i\" type=\"number\" step=\"any\" name=\"dep\" data-f=\"dep\" value=\"1000\" inputmode=\"decimal\"><\/label><label class=\"mcp-f\"><span class=\"mcp-f__l\">Variation de l\u2019actif A (%)<\/span><input class=\"mcp-f__i\" type=\"number\" step=\"0.1\" name=\"a\" data-f=\"a\" value=\"50\" inputmode=\"decimal\"><\/label><label class=\"mcp-f\"><span class=\"mcp-f__l\">Variation de l\u2019actif B (%)<\/span><input class=\"mcp-f__i\" type=\"number\" step=\"0.1\" name=\"b\" data-f=\"b\" value=\"0\" inputmode=\"decimal\"><span class=\"mcp-f__h\">0 for a stablecoin side.<\/span><\/label><label class=\"mcp-f\"><span class=\"mcp-f__l\">Frais per\u00e7us dans le pool ($)<\/span><input class=\"mcp-f__i\" type=\"number\" step=\"any\" name=\"fees\" data-f=\"fees\" value=\"0\" inputmode=\"decimal\"><\/label><\/div><div class=\"mcp-tool__out\"><div class=\"mcp-o\"><span class=\"mcp-o__l\">Valeur si vous aviez seulement conserv\u00e9<\/span><span class=\"mcp-o__v\" data-o=\"hold\"><\/span><\/div><div class=\"mcp-o\"><span class=\"mcp-o__l\">Valeur de la position LP<\/span><span class=\"mcp-o__v\" data-o=\"lp\"><\/span><\/div><div class=\"mcp-o\"><span class=\"mcp-o__l\">Perte impermanente<\/span><span class=\"mcp-o__v\" data-o=\"il\"><\/span><span class=\"mcp-o__n\">Face \u00e0 la d\u00e9tention \u2014 avant frais<\/span><\/div><div class=\"mcp-o\"><span class=\"mcp-o__l\">Net apr\u00e8s frais per\u00e7us<\/span><span class=\"mcp-o__v\" data-o=\"net\"><\/span><\/div><div class=\"mcp-o\"><span class=\"mcp-o__l\">Frais n\u00e9cessaires pour l\u2019\u00e9quilibre<\/span><span class=\"mcp-o__v\" data-o=\"needfees\"><\/span><\/div><\/div><\/div>\n<h2>D\u2019o\u00f9 vient le chiffre<\/h2>\n<p>Un pool \u00e0 produit constant 50\/50 se r\u00e9\u00e9quilibre en continu : la position suit donc la <strong>moyenne g\u00e9om\u00e9trique<\/strong> des deux rapports de prix, tandis que la d\u00e9tention suit la <strong>moyenne arithm\u00e9tique<\/strong>. La moyenne g\u00e9om\u00e9trique n\u2019est jamais sup\u00e9rieure. L\u2019\u00e9cart entre les deux est la perte impermanente.<\/p>\n<p>Les cons\u00e9quences sont fixes et m\u00e9ritent d\u2019\u00eatre m\u00e9moris\u00e9es : un mouvement de 2\u00d7 d\u2019un actif face \u00e0 un actif stable co\u00fbte environ 5,7 % ; un mouvement de 4\u00d7 environ 20 % ; un mouvement de 5\u00d7 environ 25,5 %. Ces chiffres ne d\u00e9pendent pas du pool utilis\u00e9.<\/p>\n<h2>\u00ab Impermanente \u00bb est un mot trompeur<\/h2>\n<p>Elle n\u2019est impermanente que si les prix reviennent \u00e0 leur rapport initial. Si vous retirez alors qu\u2019ils ont diverg\u00e9, la perte est r\u00e9alis\u00e9e et permanente. Le nom d\u00e9crit le meilleur des cas, pas le cas attendu.<\/p>\n<h2>Ce qui d\u00e9cide si cela en vaut la peine<\/h2>\n<p>Les frais per\u00e7us. L\u2019outil indique les revenus de frais n\u00e9cessaires pour \u00e9galer la simple d\u00e9tention. Si un pool ne peut pas plausiblement les g\u00e9n\u00e9rer, la position perd face \u00e0 ne rien faire \u2014 un calcul qu\u2019il vaut mieux faire avant de d\u00e9poser qu\u2019apr\u00e8s.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>La perte impermanente est l\u2019\u00e9cart entre conserver deux actifs et les mettre en pool. Ce n\u2019est pas un frais et personne ne vous la pr\u00e9l\u00e8ve \u2014 c\u2019est de\u2026<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":277,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-tool.php","meta":{"footnotes":""},"class_list":["post-433","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/mycoinpartner.com\/fr\/wp-json\/wp\/v2\/pages\/433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mycoinpartner.com\/fr\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mycoinpartner.com\/fr\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mycoinpartner.com\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mycoinpartner.com\/fr\/wp-json\/wp\/v2\/comments?post=433"}],"version-history":[{"count":0,"href":"https:\/\/mycoinpartner.com\/fr\/wp-json\/wp\/v2\/pages\/433\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/mycoinpartner.com\/fr\/wp-json\/wp\/v2\/pages\/277"}],"wp:attachment":[{"href":"https:\/\/mycoinpartner.com\/fr\/wp-json\/wp\/v2\/media?parent=433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}