YieldTruth · convex-finance · Ethereum · as of 2026-07-01 05:18 UTC
● REAL Grade B

Is the PYUSD-USDC yield on convex-finance real?

This 0.13% is mostly real trading-fee yield (~0.13% of it). No meaningful token emissions. It is single-asset, so there is no impermanent loss to drag you below holding. It can still fall, but it isn't a disappearing subsidy.

REAL 100%

Real fee/staking yield: 0.13% · token emissions: 0% of the headline.

👜 Would you be better off just holding?

No impermanent loss here — the ~0.13% is real income on the very asset you'd be holding anyway. Only any emissions portion fades.

Headline APY
0.13%
Real yield (fees)
0.13%
TVL
$8.8M
Impermanent-loss risk
none (single-asset)
▶ Open the live interactive verdict

Source: DefiLlama. Verdict is a heuristic over public data, not financial advice.

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