# Investment Results Update

Note:   

* APR without px impact counts only the income part (from lending, dex providing, perp basis, ...). This number is always positive. 
* 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%, 
* Average APR (with px impact): 83.63%,
* TVL: 445K USDT
* [Details (link)](https://fractality.gitbook.io/fractality/investment-results-update/2024-11-17)