Sum of Trades & PnL Relative to Avg. Trading Size
Last updated
Last updated
Sum of Trades PnL: This the sum of all closed trades profits and losses. This the most real and conservative approach to real profitability. Especially if Net SOL points to a similar number (and there are a small amount or no open trades at all).
PnL relative to avg. trading size: This metric derives from the sum of trades PnL (above) divided the average trading size (also above). It’s a number to give an idea of overall wallet performance. It’s the closest we can get to accumulated returns of an equity curve given the composability nature of on-chain trading, especially If the wallet trades clean (buy and sell 100% of the tokens and has no in/out token transfers).
