YieldTruth · aerodrome-slipstream · Base · as of 2026-10-04 06:33 UTC

▲ SHORT-VOL CARRY Grade C

Is the EURC-USDC yield on aerodrome-slipstream real?

You're being paid 9.18% to absorb price risk. Only ~7.59% of it is real fees (the other ~17% is decaying emissions) — and they stop covering impermanent loss if EURC-USDC diverges more than the pair moves.

REAL 83%

EMISSIONS 17%

Real fee/staking yield: 7.59% · token emissions: 17% of the headline.

👜 Would you be better off just holding?

The real fees here (~7.59%) can beat holding if EURC-USDC stays calm, but a sharp divergence flips that. It's a genuine short-volatility bet, not free income.

Headline APY

9.18%

Real yield (fees)

7.59%

TVL

$1.8M

Impermanent-loss risk

yes

▶ Open the live interactive verdict

Source: DefiLlama. Verdict is a heuristic over public data, not financial advice.

No token. No affiliate. No pool we get paid to push. We only make money by being right.