diff --git a/frontend/mining-app/lib/presentation/pages/asset/asset_page.dart b/frontend/mining-app/lib/presentation/pages/asset/asset_page.dart
index 33853b9e..a5f38627 100644
--- a/frontend/mining-app/lib/presentation/pages/asset/asset_page.dart
+++ b/frontend/mining-app/lib/presentation/pages/asset/asset_page.dart
@@ -33,6 +33,7 @@ class _AssetPageState extends ConsumerState<AssetPage> {
   // 实时刷新相关状态
   Timer? _refreshTimer;
   int _elapsedSeconds = 0;
+  double _initialDisplayValue = 0;
   double _initialShareBalance = 0;
   double _growthPerSecond = 0;
   String? _lastAccountSequence;
@@ -53,6 +54,7 @@ class _AssetPageState extends ConsumerState<AssetPage> {
 
     _refreshTimer?.cancel();
     _elapsedSeconds = 0;
+    _initialDisplayValue = double.tryParse(asset.displayAssetValue) ?? 0;
     _initialShareBalance = double.tryParse(asset.shareBalance) ?? 0;
     // 使用传入的每秒增长值（来自 mining-service）
     _growthPerSecond = double.tryParse(perSecondEarning) ?? 0;
@@ -76,10 +78,13 @@ class _AssetPageState extends ConsumerState<AssetPage> {
   }
 
   /// 计算当前实时资产显示值
-  /// 资产显示值 = 积分股余额 × price（不含倍数，使用实际价格）
+  /// 资产显示值 = 积分股余额 × (1 + burnMultiplier) × price
+  /// 每秒资产增长 = 每秒积分股增长 × (1 + burnMultiplier) × price
   double get _currentDisplayValue {
     final price = double.tryParse(_lastAsset?.currentPrice ?? '0') ?? 0;
-    return _currentShareBalance * price;
+    final burnMultiplier = double.tryParse(_lastAsset?.burnMultiplier ?? '0') ?? 0;
+    final multiplierFactor = 1 + burnMultiplier;
+    return _initialDisplayValue + (_elapsedSeconds * _growthPerSecond * multiplierFactor * price);
   }
 
   /// 计算当前实时积分股余额
@@ -207,15 +212,16 @@ class _AssetPageState extends ConsumerState<AssetPage> {
     // 使用传入的每秒增长值（来自 mining-service）
     final growthPerSecond = double.tryParse(perSecondEarning) ?? 0.0;
 
-    // 使用实时计算的资产值（如果有）- 不含倍数
+    // 使用实时计算的资产值（含倍数）
     final displayValue = asset != null && currentDisplayValue > 0
         ? currentDisplayValue.toString()
-        : null;
+        : asset?.displayAssetValue;
 
-    // 使用实时计算的积分股余额（如果有）- 实际数量，不含倍数
-    final shareBalance = asset != null && currentShareBalance > 0
-        ? currentShareBalance.toString()
-        : asset?.shareBalance;
+    // 计算有效积分股（含倍数）= 实时积分股余额 × (1 + burnMultiplier)
+    final burnMultiplier = double.tryParse(asset?.burnMultiplier ?? '0') ?? 0;
+    final effectiveShareBalance = asset != null && currentShareBalance > 0
+        ? (currentShareBalance * (1 + burnMultiplier)).toString()
+        : asset?.effectiveShares;
 
     return Container(
       decoration: BoxDecoration(
@@ -300,9 +306,9 @@ class _AssetPageState extends ConsumerState<AssetPage> {
                   ),
                 ),
                 const SizedBox(height: 4),
-                // 积分股余额 - 实际数量
+                // 有效积分股（含倍数）
                 DataText(
-                  data: shareBalance != null ? '≈ ${formatCompact(shareBalance)} 积分股' : null,
+                  data: effectiveShareBalance != null ? '≈ ${formatCompact(effectiveShareBalance)} 积分股 (含倍数)' : null,
                   isLoading: isLoading,
                   placeholder: '≈ -- 积分股',
                   style: const TextStyle(