YieldTruth · morpho-blue · Ethereum · as of 2026-11-15 07:23 UTC
▲ SHORT-VOL CARRY Grade C

Is the YOG-USDC-V2 yield on morpho-blue real?

You're being paid 8.18% to absorb price risk. Only ~8.18% of it is real fees — and they stop covering impermanent loss if YOG-USDC-V2 diverges more than ±131%.

REAL 100%

Real fee/staking yield: 8.18% · token emissions: 0% of the headline.

👜 Would you be better off just holding?

Break-even fact: a ±131% move in YOG-USDC-V2 erases a full year of the fees you actually keep (~8.18%). Whether that move happens is up to the market — but any emissions inflating the headline will fade regardless.

Headline APY
8.18%
Real yield (fees)
8.18%
TVL
$2.7M
Impermanent-loss risk
yes
▶ Open the live interactive verdict

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

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