# Open positions

The open positions table shows how other people are LPing a pool: how wide their ranges are, whether they are in range, and how they are doing. It is the fastest way to learn what works in a pool before you commit capital.

## What is listed

Every open position worth at least $500, up to 300 per pool, largest first. Positions are found by an hourly on-chain scan of the pool, so a position opened a few minutes ago may not appear yet.

Closed positions are not listed. Closing a position burns its NFT, so nothing on chain still points to it.

## Summary line

Above the table, one line sums up how the pool is LP'd: how many positions are open and in range, the width within which half the value sits, and the share of the liquidity at the price held by ±1%-or-tighter ranges.

## Filters and sorting

- **Status**: all positions, in range only, or out of range only.
- **Width**: any, ±1% or narrower, ±1–5%, or wider.
- Click a column header to sort. **Show more** loads the next batch.

## Columns

| Column | Meaning |
|---|---|
| NFT id | The position's NFT, linked to a block explorer |
| Owner | The wallet holding it, linked to its [wallet page](../wallets/README.md) |
| Value | What the position holds at the current price |
| Width | Half the range as ±, and whether it is in range |
| P&L | Fees earned (collected and not) plus divergence against holding the deposited tokens, at today's price |
| Collected | Fees already withdrawn |
| Uncollected | Fees the position could claim now, from this hour's scan |
| APR | P&L over capital × time, as a yearly rate |
| Fee APR | The same, with fees only |
| ROI | P&L over what was deposited |
| Age | How long the position has been open |
| Range | The range drawn against the current price. Hover for its prices and share of the liquidity at the price |

## Status notes under a number

- **approx**: one deposit or withdrawal moved only one token, and no nearby swap gave its exact price, so it is valued at the edge of the range. The P&L is close but not exact.
- **changed since read · updating**: the position changed on chain since its history was last read, for example a top-up or a partial withdrawal. The row shows the last complete reading until the new one lands, usually within the hour.
- **not read yet**: the position is new to rangebound and its history is queued.

## Reading it well

> [!TIP]
> Filter to in-range positions and sort by APR, then look at the width column. If the best performers are all tight, the pool rewards active management. If wide ranges do as well, a passive range may be enough.

- **Very young positions swing wildly.** A few hours of fees annualised can read as thousands of percent. Look at age before APR.
- **Divergence dominates tight ranges.** A tight position with large fees can still be down if the price trended through its range.
- **One large LP can hold most of the liquidity at the price.** Check the share in the range hover: a new position beside them earns a small slice of each swap.

How each figure is built is explained in [How position performance is measured](../wallets/how-positions-are-measured.md).