Impermanent loss is a term commonly associated with decentralized finance (DeFi) platforms, particularly those that involve liquidity provision in automated market makers (AMMs) like Uniswap or PancakeSwap. To understand impermanent loss, let's first break down how liquidity provision works.In these platforms, users can provide liquidity to a pool by depositing an equal value of two different assets. For example, in a Uniswap pool for ETH and DAI, a liquidity provider might deposit $1,00...