YieldTruth · ramses-cl-v2 · Hyperliquid L1 · as of 2026-09-01 05:55 UTC

▲ SHORT-VOL CARRY Grade C

Is the USDC-USD₮0 yield on ramses-cl-v2 real?

You're being paid 13.4% to absorb price risk. Only ~4.05% of it is real fees (the other ~70% is decaying emissions) — and they stop covering impermanent loss if USDC-USD₮0 diverges more than the pair moves.

REAL 30%

EMISSIONS 70%

Real fee/staking yield: 4.05% · token emissions: 70% of the headline.

👜 Would you be better off just holding?

The real fees here (~4.05%) can beat holding if USDC-USD₮0 stays calm, but a sharp divergence flips that. It's a genuine short-volatility bet, not free income.

Headline APY

13.4%

Real yield (fees)

4.05%

TVL

$1.9M

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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