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How to calculate the value of your LP

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While liquidity farming for yield you may want to know the current value of your LP tokens – this guide provides several resources for calculating this value.

Liquidity for decentralized exchanges is created through the use of LPs.
For example, in order to provide liquidity to the pair ETH-BNB on Pancakeswap, you deposit BNB and ETH into the trading pool – in return you receive ETH-BNB Pancake LP tokens.

The price of an LP token is dependent on the price of its underlying tokens, but unlike the price of its underlying tokens, calculating the price of an LP requires significant mathematical work. This is why developers have created tools to help users calculate LP prices. A selection of these tools are listed below.

vfat.tools #

  • Open the website
  • Connect your wallet
  • Search the list for the farm that you have staked inside
  • This will pull information about the farm and your staking, along with the value of your LPs
vfat.tools

howmuchismylp.com #

  • Open the website
  • Enter the MasterChef address for the farm you’re staked in
howmuchismylp.com

yieldwatch.net #

  • With this option, you only have a limited set of farms to choose from
  • Just open up the website and connect your wallet
yieldwatch.net

old.jdiyield.com/old #

  • Open up the website and connect your wallet
  • Scroll down to ‘My Farm’
  • Click the ‘+’ button
  • Find and enter the native token address of the farm your LPs are staked in. You will now be able to see all of your stakings in that farm
old.jdiyield.com/old

Remember that the value of your LP may change while it is in LP form. Also, the number of underlying tokens that you deposited into a liquidity pool may not be the same when you withdraw, but by using the above tools you will be able to calculate the current value of your tokens.

Updated on June 12, 2021
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2 Comments

  1. Hi,
    In 2021, many of us got rekt by Iron.
    Is there a way to find out our LPs value?
    Or a preferred tax prep service that is catered to farmers with tax loss harvesting?

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