Reading your first numbers
What to look at the first time the Wallet loads, which figures are trustworthy immediately, and the four things that surprise people.
You have added an address and the Overview has loaded. This page walks through what you are looking at, in the order worth looking at it, and explains the things that commonly look wrong on a first read and are not.
Give it a minute
The first load of an address does real work: reading balances across eighteen networks, pricing everything, and rebuilding the transaction history to establish what you paid.
An old or busy wallet takes longer. Subsequent loads are fast, because the result is stored.
Total value
Your holdings at current prices. This is the figure to trust immediately — it comes from balances on the chain and current market prices, with nothing reconstructed.
Two things are deliberately excluded from it:
Tokens with no real market. A price quoted only by a thin pool is not a price you could sell at. They are shown separately with their quoted value, outside the total. Unlisted tokens explains why, and it matters more than it sounds — in one test wallet a single such token accounted for 49% of the apparent portfolio.
Watchlist addresses. Only addresses you marked as owned count towards what you own.
All-time P&L
What your holdings are worth now against what you paid for them.
Unlike Total value, this one is reconstructed. A blockchain records transfers, not purchases — nothing on-chain says whether an incoming transfer was a trade, a gift, a payment or a move between your own wallets. The platform works it out from the pattern. Cost basis describes the rules.
Which is why this number can surprise you, usually for one of the reasons below.
Four things that surprise people
Coins that appear free
Tokens received without anything going out have no cost basis. Airdrops, payments, tokens sent to you.
They are not counted as bought at zero, because that would invent profit you never made. They appear as holdings with unknown cost, and they do not contribute to P&L.
A transfer between your own wallets
If you moved coins from one of your addresses to another and only added the receiving one, the platform sees an arrival with no matching departure.
Add every address you own. It is the single most common fix for a portfolio that looks wrong.
A bridge
Moving USDC from Ethereum to Base is the same position on a different chain. These are detected and excluded from trades, but an unusual bridging route can be harder to recognise.
Missing P&L entirely
Some wallets are too large for their full history to be retrieved. When that happens the cost-basis columns are hidden and a note says so.
This is on purpose. A profit figure calculated over part of a history looks exactly like one calculated over all of it, and there is no way for you to tell. Withholding it is the honest option. Your movements still appear, and Total value is unaffected.
Invested and Realized
Invested is what you put in, for the holdings whose cost is known.
Realized is profit already taken — positions closed, against average cost. It is separate from All-time P&L, which covers what you still hold.
24h change
Movement since yesterday, in currency and percent. Straightforward, and the least informative number on the page.
Allocation and Top holdings
How your money is split, and the largest positions.
Worth a look on day one for a reason unrelated to performance: concentration is usually higher than people expect. A wallet that feels diversified across a dozen tokens is often one position and eleven rounding errors.
Where to go next
Once the Overview makes sense:
- Performance — what your money actually did, against what it would have done elsewhere
- Health & security — open spending approvals and token risks. Worth checking on the first day; old approvals to protocols you used once are the thing people are most surprised to find.
- Transactions & P&L — the trades behind the summary figures
- Allocation — the concentration question, properly
If a number still looks wrong
Check, in this order:
- Are all your addresses added, and marked as owned?
- Does the view show a warning about incomplete data?
- In Transactions & P&L, does the price column on the relevant trade look right? A bad historical price is the usual cause of one wrong row.
- Is the holding an unlisted token?
If none of those explains it, open a support thread with the view name, the address and a screenshot.