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20 февраля 2026 г.
Score: 7
While reading the @Solstice documentation, I clearly saw this: the upward trending line on the chart doesn't equal the money you actually earn. @solsticefi takes this quite seriously:
Unrealized PnL is the fluctuating part of strategies that are still open,
Realized PnL is the result that is truly locked in when a position is closed. They show the two separately in the reports, then build the net APY on top of this distinction. So, "paper return" and "actual return" don't get mixed up. For me, this is a very critical line: The biggest mistake, both in trading and in DeFi, is
looking at the chart and thinking you're rich. What I like about @Solstice is that they separate the math first, then show the user the clear picture.
Now, when looking at USX/eUSX returns, I also take this realized-unrealized distinction into account.