YieldTruth · morpho-blue · Ethereum · as of 2026-08-15 02:09 UTC
▲ SHORT-VOL CARRY Grade C

Is the API3-DCOMP-USDC yield on morpho-blue real?

You're being paid 8.22% to absorb price risk. Only ~8.22% of it is real fees — and they stop covering impermanent loss if API3-DCOMP-USDC diverges more than ±132%.

REAL 100%

Real fee/staking yield: 8.22% · token emissions: 0% of the headline.

👜 Would you be better off just holding?

Break-even fact: a ±132% move in API3-DCOMP-USDC erases a full year of the fees you actually keep (~8.22%). Whether that move happens is up to the market — but any emissions inflating the headline will fade regardless.

Headline APY
8.22%
Real yield (fees)
8.22%
TVL
$14M
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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