Invested Capital
How much of your own money went into the portfolio and has not come back out — the base Profit / Loss is measured against.
In one sentence
Invested Capital is money in, less money out, read from your transaction history — what you have actually committed to this portfolio over its whole life, minus anything you still owe.
Why a rotation counts nothing
Selling ETH to buy BTC moves no money into the portfolio. The dollars were already in; they changed shape. So a swap between two assets is not a deposit and not a withdrawal — it cancels itself. Only the edges count: money arriving to be spent, and money leaving for good. A year of active trading with no new deposits leaves Invested Capital exactly where it started, which is the honest answer.
When a stablecoin counts
Stablecoins are money, so moving them around is not investing. Depositing USDC puts no capital to work; it is cash sitting in the account. Capital goes in when that cash is SPENT — when USDC buys ETH. And it comes back out when ETH is sold for USDC. That is why the figure can fall on a day you did nothing but take profit: the money left the assets and is sitting as cash again. Profit / Loss adds that idle cash back before comparing, so selling into stablecoins never reads as a gain or a loss by itself.
Why each asset is counted separately
Suppose you put $10,000 into ETH and $10,000 into some token that went to the moon, and you sold the token for $50,000. Counted as one pot, your sales would outrun your purchases and the figure would say you have less than nothing invested — while $10,000 of your money is plainly still in ETH. So each asset is counted on its own and floored at zero. A profitable exit from one position cannot cancel real spending on another. The breakdown shows what the floor held back, so the figure can be audited row by row.
Borrowed money is subtracted
If you borrow stablecoins in DeFi and buy with them, those purchases enter the total like any other — the arithmetic cannot tell a borrowed dollar from your own. So the amount you still owe is subtracted, and the headline reads as YOUR capital at work. This keeps Profit / Loss fair rather than flattering. Net Worth already subtracts your debt; if the base did not, every open loan would read as an instant loss of the borrowed amount. Subtracted on both sides, the debt is charged exactly once and cancels out of the profit entirely. The figure never goes below zero. When the debt covers everything your history records putting in, the card says so instead of printing a number it cannot support.
How it differs from the other two figures
Holdings Cost answers a different question: what the assets you hold RIGHT NOW cost. Sell something and its cost leaves that number, so it measures only unrealised profit. Invested Capital keeps the whole life of the portfolio, which is why Profit / Loss measured against it covers realised and unrealised together — everything you made, not only what is still on the table. Заведено (Net Deposits) is different again: it counts stablecoins crossing into your accounts over a window. Money entering the perimeter, not money put to work.
What the card tells you it could not count
Coins can arrive with no purchase behind them — moved in from an exchange you have not connected, or held before tracking began. They cost nothing in the books, so they make Profit / Loss look better than it is. Rather than hide that, the card names it. Units held before a connection was added are priced at that day's market and marked as assumed. Coins that arrived by transfer are listed so you can say where they came from — a purchase, your own older coins, a gift or a loan — and answering corrects the figure. Until then the card says how much of the number is waiting on you.