# Investment Results Update

Note:  &#x20;

* APR without px impact counts only the income part (from lending, dex providing, perp basis, ...). This number is always positive.&#x20;
* APR with px impact includes the P\&L due to price movement. This number can be much higher if px is going up, while it also can be negative when prices drop significantly. Fractality mainly invests in USDT/USDC, with limited directional exposure to BTC, ETH and SOL.

## 2024-11-17

* Average APR (without px impact): 30.28%,&#x20;
* Average APR (with px impact): 83.63%,
* TVL: 445K USDT
* [Details (link)](/fractality/investment-results-update/2024-11-17.md)


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