> For the complete documentation index, see [llms.txt](https://multiple.gitbook.io/multiple-fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://multiple.gitbook.io/multiple-fi/resources/annual.md).

# Annual Percentage Yield

**Total Investment**

Total Investment = Quantity of  needed to add liquidity \* current price + Quantity of 

Note: Base and quote refer to the first and second tokens in the trading pair. For example, in BTC/USDT pair, BTC is base and USDT is quote

**Annual Percentage Yield**

Annual Percentage Yield = (Realized Profit / Total Investment) / Operation Time \* 365 days

\
**Total Profit**

Total Profit = Realized Profit + Floating Profit and Loss