YieldTruth · curve-dex · Ethereum · as of 2026-09-29 06:26 UTC

▲ SHORT-VOL CARRY Grade C

Is the CRVUSD-WETH-CRV yield on curve-dex real?

You're being paid 8.50% to absorb price risk. Only ~4.46% of it is real fees (the other ~48% is decaying emissions) — and they stop covering impermanent loss if CRVUSD-WETH-CRV diverges more than ±84%.

REAL 52%

EMISSIONS 48%

Real fee/staking yield: 4.46% · token emissions: 48% of the headline.

👜 Would you be better off just holding?

Break-even fact: a ±84% move in CRVUSD-WETH-CRV erases a full year of the fees you actually keep (~4.46%). Whether that move happens is up to the market — but any emissions inflating the headline will fade regardless.

Headline APY

8.50%

Real yield (fees)

4.46%

TVL

$2.9M

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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