Profit calculations

At Hexn, you can earn competitive APY simply by holding your crypto in savings. In this article, we'll explain how to understand APY and estimate your potential earnings over time.

What is APY?

APY (Annual Percentage Yield) reflects the total return you would earn in one year, assuming the rate remains stable. The rates displayed on our platform are annual, which means the actual return for a shorter period (e.g., 7 or 30 days) will be proportionally smaller.

How to estimate your profit

To estimate your profit for a specific period, use this formula:

Profit = Amount × APY × (Days / 365)

For example, if you deposit 1,000 USDT at 10% APY for 90 days:

1,000 × 0.10 × (90 / 365) = 24.66 USDT

You can always check the estimated profit before opening a savings — it's displayed in the subscription form on the Hodl page.