What Is Impermanent Loss?

Yeye: What are these tools being used for, besides, say, speculation? Yeye: Most people just use that money to buy more coins. But here's another question i have. Can you explain impermanent loss? Cause i've like, had this, i oud like people havedug done threads and explain,. but the unisap liquidity providers and syc. An mm busily replaces that function with a formula which is what we call a constant product anem a meaning instead of asking a market maker, hay, what kind of quote can they give me if i want to buy or sell a hundred shares of apple? The answer is, is whatever the formula sort