Performance
Market-making value added per maker: NAV relative to simply holding the deposited inventory (1.00 = same as HODL).
NAV / HODL · 30-day makers
$MILO$VOID$ABC$XYZ$NOVA$LUMA
Attribution by maker
| Maker | Scenario | Capital | LP fees | Holding effect | Divergence | Costs | Net MM P&L | vs HODL | MM DD |
|---|---|---|---|---|---|---|---|---|---|
| $MILO | Established token, normal conditions (30d) | $800,500 | +$104,096 | +$100,599 | −$26,009 | −$1.75 | +$178,682 | +$78,084 | −2.51% |
| $VOID | Calm market (30d) | $800,500 | +$98,791 | −$93,295 | −$54,968 | −$1.93 | −$49,476 | +$43,819 | −2.73% |
| $ABC | Volatile market with frequent jumps (30d) | $800,500 | +$35,433 | −$227,420 | −$26,193 | −$0.46 | −$218,181 | +$9,239 | −3.48% |
| $XYZ | Persistent downtrend, ≈ −45% (30d) | $800,500 | +$20,342 | −$199,597 | −$106,591 | −$0.53 | −$285,847 | −$86,250 | −16.20% |
| $NOVA | Established token, normal conditions (30d) | $800,500 | +$29,982 | −$9,185 | +$5,917 | −$1.14 | +$26,712 | +$35,897 | −0.74% |
| $LUMA | Established token, normal conditions (30d) | $800,500 | +$87,196 | +$66,894 | −$34,727 | −$2.07 | +$119,359 | +$52,465 | −4.54% |
| $KORA | Brand-new token, no oracle, thin liquidity (14d) | $280,300 | +$23,787 | +$26,005 | +$4,084 | −$0.78 | +$53,875 | +$27,870 | −3.93% |
| $FERN | Established token, normal conditions (30d) · shadow | $500,500 | +$35,374 | −$11,232 | −$6,928 | −$0.83 | +$17,213 | +$28,445 | −2.43% |