YieldTruth · morpho-blue · Arbitrum · as of 2026-11-15 07:23 UTC
◑ SUBSIDIZED Grade D

Is the KPK-EURE-YIELD yield on morpho-blue real?

About 98% of this 3.00% APY is decaying token emissions. The real fee yield is ~0.05%. This pool is short volatility — fees stop covering impermanent loss if KPK-EURE-YIELD diverges more than ±6.6%.

EMISSIONS 98%

Real fee/staking yield: 0.05% · token emissions: 98% of the headline.

👜 Would you be better off just holding?

Break-even fact: a ±6.6% move in KPK-EURE-YIELD erases a full year of the fees you actually keep (~0.05%). Whether that move happens is up to the market — but any emissions inflating the headline will fade regardless.

Headline APY
3.00%
Real yield (fees)
0.05%
TVL
$1.7M
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.