Numbers before narratives
Tools
Free calculators for the mechanics the research covers. No account, no email, no sign-up. Each one teaches the formula it runs.
Liquidation price
Where exactly does a leveraged position get closed? Know the number before you open it.
Open calculator →Position size
Risk a fixed slice of the stack, not a feeling. Size from stop distance, not conviction.
Open calculator →Impermanent loss
What a 50/50 LP position gives up versus holding, at any price move.
Open calculator →Calculators are educational approximations. Exchange calculators govern real positions; always check the exchange’s own numbers before trading.