A rising balance can still be a real loss
Inflation is the silent tax on every return. If your gains do not outpace it, your money buys less than before even as the number on the screen climbs. This tool shows the return that actually counts. Compare it against your annualised figure on the annualized return calculator.
Real returns vs nominal ones
A +20% year with 8% inflation is not a +12% real return — it's (1.20 ÷ 1.08) − 1 = +11.1%. Division, not subtraction. Small difference at low inflation, large at high: +50% nominal in a 30% inflation economy is +15.4% real, not +20%.
Crypto's marketing thrives on nominal numbers from high-inflation periods. A coin that "did 10×" in a currency losing half its value did 5× in purchasing power — still excellent, but the honest number is the divided one.
The sneaky application is long holding periods. +100% over five years sounds like winning; at 4% annual inflation it's +64% real, or 10.4% a year — roughly what boring index funds did with a fraction of the drawdown. Always annualize and deflate before comparing your crypto results against alternatives; that comparison is the entire point of measuring returns.