An unvalued acquisition is not a free coin
When an acquisition cannot be priced, it increases your quantity but not your basis, and the token is flagged. Treating it as zero cost would fabricate profit the moment you sell.
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PnL is reconstructed from the wallet's own trade history — average cost, per token, per chain — and every token tells you how complete that reconstruction is.
When an acquisition cannot be priced, it increases your quantity but not your basis, and the token is flagged. Treating it as zero cost would fabricate profit the moment you sell.
If history accounts for less than you sold, PnL is booked on the covered share and the uncovered proceeds are dropped rather than counted as pure profit. The token is marked incomplete.
The known-cost fraction of what was sent is carried to the destination chain, so bridge fees shrink the amount without distorting average cost.
| Badge | What it means |
|---|---|
| High | Every acquisition could be valued, every disposal is covered by basis, and no price used was low confidence. |
| Estimated | Some acquisitions or disposals could not be valued, a historical price came back low confidence, or a material amount arrived by untraced transfer. |
| Incomplete | No acquisition could be valued at all, or the wallet sold more than its history accounts for. |
The badge always carries a readable reason. The rule is to show the limit rather than hide the token.
Plain transfers are netted, not booked as trades. Supplying and withdrawing from a lending market moves the same tokens in and out repeatedly; booking those as buys and sells would collapse average cost toward zero. A material untraced inflow only lowers the confidence badge.
Tokens that genuinely arrived by transfer can be valued on demand at their arrival price, lot by lot, and the result is capped by the quantity the ledger could not trace, so the same units are never counted twice.
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