YieldTruth · uniswap-v4 · Ethereum · as of 2026-07-28 03:55 UTC
▲ SHORT-VOL CARRY Grade C

Is the UNI-AAVE yield on uniswap-v4 real?

You're being paid 24.7% to absorb price risk. Only ~24.7% of it is real fees — and they stop covering impermanent loss if UNI-AAVE diverges more than ±385%.

REAL 100%

Real fee/staking yield: 24.7% · token emissions: 0% of the headline.

👜 Would you be better off just holding?

Break-even fact: a ±385% move in UNI-AAVE erases a full year of the fees you actually keep (~24.7%). Whether that move happens is up to the market — but any emissions inflating the headline will fade regardless.

Headline APY
24.7%
Real yield (fees)
24.7%
TVL
$1.4M
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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