Purp Trade
PnL

Tap Trades

PnL

PnL is based on direction, entry price, current price, notional size, and protocol settlement rules.

Formula

Up PnL   = notional * ((currentPrice - entryPrice) / entryPrice)
Down PnL = notional * ((entryPrice - currentPrice) / entryPrice)

Realized PnL

The live PnL display updates from current market data. Final realized PnL comes from the indexed PaperTrade close or liquidation event and the ledger entry created from that event.