YieldTruth · morpho-blue · Hyperliquid L1 · as of 2026-11-15 07:23 UTC
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Is the FEUSDCV2 yield on morpho-blue real?

About 47% of this 6.67% APY is decaying token emissions. The real staking / lending yield is ~3.56%. It is single-asset, so there is no impermanent loss to drag you below holding.

REAL 53%
EMISSIONS 47%

Real fee/staking yield: 3.56% · token emissions: 47% of the headline.

👜 Would you be better off just holding?

No impermanent loss here, so you keep the same price exposure either way. The honest number is the ~3.56% of real yield — the rest is fading emissions, not income.

Headline APY
6.67%
Real yield (fees)
3.56%
TVL
$15M
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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