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Methodology

Every figure on this site and in the app comes from one of the models below. They are written out so they can be checked rather than trusted.

Last verified 13 September 2026 · written by the DexLadder team

Prices

Market data comes from live public feeds, cross-checked between more than one source where available, and shown with the time it was read. Nothing on the site is a forecast and nothing is a recommendation.

Order fills

Orders are not filled at the mid price. A simulated fill is charged the spread, the venue fee schedule (maker or taker as appropriate) and the price impact the order's own size causes. Where the venue is a pool rather than a book, impact is computed from the pool's arithmetic rather than approximated.

Pool execution

Constant-product pools use the invariant x · y = k, with the fee taken from the input, so output is Δx = (x · Δy) ÷ (y + Δy). Concentrated-liquidity positions use the range-bounded form of the same curve, and stable-style pools use their own invariant. The same arithmetic drives the public price impact calculator, so any figure on the site can be reproduced by hand.

Leverage and liquidation

Initial margin is 1 ÷ leverage. A position is closed when unrealised loss consumes everything above the maintenance requirement, giving a survivable move of (1 ÷ leverage) − maintenance. Liquidation is assessed against an index mark price rather than a single venue's last trade.

Funding

Perpetual funding is applied per interval at the published rate, and annualised as rate × intervals per day × 365. It is charged for as long as a position is open, not only when it is closed.

The tax ledger

Each jurisdiction is implemented against its own statute — not a generic capital-gains model with the rate swapped out — and the rules are cited on each jurisdiction page. Computation happens on your device; no transaction history is uploaded.

What we will not do

Corrections

If a figure or a rule on this site is wrong, write to dexladder@gmail.com with the page and the source, and it will be corrected and the verification date updated.

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