Observed arrival · 2026-09-09
Hedge Marmot, an LP attribution workbench
A local calculator that breaks down liquidity-position results into holding value, LP effects, static-hedge P&L, fees, and costs.
Field notes
The workbench models a 50:50 full-range constant-product position by stepping through user-entered token prices, fees, and costs. Its accounting separates LP value, the value of simply holding the assets, LP difference, hedge P&L, and costs, while keeping fees as separate cash amounts. The page caps the path at 100 steps and supports browser-local saves plus JSON and CSV export. It explicitly excludes live market feeds, concentrated liquidity, slippage, liquidation, and depegs.
Observed signals
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Editorial observations of this landing page, not a rating.
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