Decentraland Investment Calculator
What would buying MANA have been worth? Pick a plan and a start date and this replays it against real daily Decentraland closes.
What MANA actually did, in the data this page replays
Measured from the 2,230 daily closes this page replays — 6 August 2020 to 13 September 2026, from Binance. Figures are bounded by that window, not by the asset’s whole life.
| History available | 6 years and 1 month (from Binance) |
|---|---|
| Bought on the first day, held to the last | 1.32× |
| Highest close in this window | $5.19 on 25 November 2021 |
| Where it sits against that high | 98.5% below |
| Deepest fall | −98.8%, 25 November 2021 → 30 June 2026 |
| Time to get back to that peak | still below it |
| Separate falls of 50% or more | 2 |
| Days spent more than 20% below a previous peak | 91.7% |
| Best calendar year | 2021: +3,813.1% |
| Worst calendar year | 2022: -91.1% |
| Annualised volatility | 131.8% |
MANA year by year
First close to last close each year. 2020 and 2026 are partial — the data starts mid-2020 and 2026 is still running.
| Year | Change | Note |
|---|---|---|
| 2020 | +33.6% | partial year |
| 2021 | +3,813.1% | best full year |
| 2022 | -91.1% | worst full year |
| 2023 | +72.6% | |
| 2024 | -13.4% | |
| 2025 | -75.5% | |
| 2026 | -40.1% | partial year |
The part the calculator does not show you
Held from the first day in this data to the last, MANA returned 1.32×. That headline is the easy part. The number underneath it is that the position spent 91.7% of all days more than 20% below a previous peak — so for most of the time you owned it, you were looking at a figure lower than one you had already seen.
The deepest fall took MANA down 98.8%, from $5.19 on 25 November 2021 to $0.0622 on 30 June 2026 — 4 years and 7 months of falling. MANA has not been back to that peak since. Anyone who bought on 25 November 2021 is still waiting, 18 months later — which is the scenario a backtest showing a positive average return quietly averages away.
At 131.8% annualised volatility, MANA sits in the top band of anything on this site — the drawdown figures above, not the average, are the number to plan around. All MANA calculators →
Frequently asked questions
＋Would buying MANA on the first day of this data and holding have made money?
Yes — 1.32× from 6 August 2020 to 13 September 2026. The figure is real but it is also the single luckiest entry available in this window, and it required holding through a fall of 98.8% on the way. Set the calculator to a date you might plausibly have chosen instead and the answer usually changes a great deal.
＋What is the worst MANA has fallen?
98.8% in this data, from 25 November 2021 down to 30 June 2026 — 4 years and 7 months of falling. It has not returned to that peak since, so anyone who bought at the top is still waiting. Bear in mind our MANA series starts in 2020; a deeper fall before that date would not appear here.
＋How often does MANA lose half its value?
2 separate falls of 50% or more appear in this data, and the position spent 91.7% of all days more than 20% below a previous peak. A drop of that size is not an exceptional event for this asset — it is a recurring feature of the record, which is the thing to size a position around.
＋What were MANA's best and worst years?
2021 was the best at +3,813.1%, and 2022 the worst at -91.1%. The gap between those two is the reason a single average annual return is a poor description of this asset: almost nobody experiences the average, they experience one of the two extremes depending on when they bought.
＋Is 6 years and 1 month of data enough to trust this backtest?
Reasonably. 6 years and 1 month spans roughly one full cycle for MANA — enough for the drawdown figure to mean something, not enough to call it a pattern. The assets here with a decade or more behind them support firmer conclusions.
What to keep in mind for MANA
MANA reliably spikes on any large company announcing a metaverse plan, and gives it back when the announcement produces nothing.
In-world transactions run on Polygon and cost almost nothing; buying LAND on Ethereum costs full mainnet gas on top of the price.
A backtest is one path that already happened. It shows what this plan produced through the exact sequence of prices MANA went through — not what a similar plan will produce through a sequence nobody has seen yet.