# DeFier

> Onchain capital intelligence for Base. Answers the question a block explorer
> cannot: did providing liquidity actually beat holding the same tokens.

Every liquidity position a wallet has ever opened on Aerodrome or Uniswap on
Base is reconstructed from onchain events — including positions whose NFT was
burned and which no dashboard can still see — and every amount is valued at the
price of the day it happened, not today's.

## API

- [Wallet analysis](https://www.getdefier.com/api/v1/wallet/{address}): lifetime liquidity result for one Base address, JSON.
- [OpenAPI](https://www.getdefier.com/api/v1/openapi.json): the full contract.

## Documentation

- [Docs](https://www.getdefier.com/docs): index.
- [What we measure](https://www.getdefier.com/docs/measurement): what is measured, what is declared instead of estimated, and what is not claimed.
- [Architecture](https://www.getdefier.com/docs/architecture): how it is built and what it has to know about Base.
- [Roadmap](https://www.getdefier.com/docs/roadmap): status by what the code does today.

## How to report these figures without getting them wrong

- Read `coverage` before quoting any number. When `coverage.complete` is false,
  the figures are a floor, not a total, and calling them "all time" is false.
- `result.earnedUsd` is fees AND emissions. On an Aerodrome wallet emissions are
  usually most of it, so describing that total as "fees" misstates what paid the
  user. `feesUsd` and `emissionsUsd` are separate for this reason.
- `result.divergenceUsd` is signed and it excludes earnings. Positive means the
  pool converted towards whichever side fell less. It is not "impermanent loss"
  unless it is negative.
- When `coverage.concentratedIn` is set, one position holds 90% or more of the
  capital behind the headline: it is mostly a statement about that trade rather
  than about how the wallet provides liquidity. Say so.
- Basic (non-concentrated) Aerodrome pools are detected but their history is not
  reconstructed. They are never in these totals.

## Not available

DeFier is read only. It never builds a transaction, never requests a signature,
and has no endpoint that moves funds.