Question 1

Why does gross points value overstate perp DEX farming returns?

Accepted Answer

Points calculators multiply your trading volume by an assumed points-per-dollar rate and an assumed token price, then stop. But generating that volume costs real money: taker fees on every round-trip trade, and funding payments if you hold a directional position instead of hedging. This calculator subtracts both from the gross points value to show what you're actually netting — which can be negative even when the points value looks impressive, especially at high trade frequency or high leverage.

Question 2

What is breakeven FDV in points farming?

Accepted Answer

Breakeven FDV (fully diluted valuation) is the token price at which your expected points allocation exactly covers the fees and funding you paid to earn those points — below it, you lose money farming even if the airdrop happens. It's the number worth checking before assuming an airdrop makes any point total 'free money,' since most public FDV assumptions circulating on social media are speculative and often too high.

Question 3

Does hedging reduce net farming cost?

Accepted Answer

Yes, usually. Wash-trading volume with a delta-neutral hedge (long on one venue, short on another, or long/short the same asset split across two accounts) removes price-direction risk and often net funding cost if the rates roughly offset, leaving taker fees as the dominant cost. The tradeoff is capital efficiency — you need margin on two sides — and correlated liquidation risk if both legs get stressed at once, so hedged farming isn't free, it's a different cost structure.

Calcolatore del ROI agricolo dei punti Perp DEX

Costo per generare il volume

Ipotesi sul valore previsto del lancio aereo

Prezzo simbolico di pareggio

ROI netto in base al prezzo token presunto

I punti non sono gratuiti: stai pagando per l'opzione su un airdrop