YieldTruth · uniswap-v3 · Ethereum · as of 2026-07-01 05:18 UTC

▲ SHORT-VOL CARRY Grade C

Is the FRXETH-FRAX yield on uniswap-v3 real?

You're being paid 1.51% to absorb price risk. Only ~1.51% of it is real fees — and they stop covering impermanent loss if FRXETH-FRAX diverges more than the pair moves.

REAL 100%

Real fee/staking yield: 1.51% · token emissions: 0% of the headline.

👜 Would you be better off just holding?

The real fees here (~1.51%) can beat holding if FRXETH-FRAX stays calm, but a sharp divergence flips that. It's a genuine short-volatility bet, not free income.

Headline APY

1.51%

Real yield (fees)

1.51%

TVL

$2.3M

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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