YieldTruth · morpho-blue · Ethereum · as of 2026-07-01 05:18 UTC
▲ SHORT-VOL CARRY Grade C

Is the KPK-USDT-PRIME yield on morpho-blue real?

You're being paid 2.55% to absorb price risk. Only ~2.55% of it is real fees — and they stop covering impermanent loss if KPK-USDT-PRIME diverges more than ±58%.

REAL 100%

Real fee/staking yield: 2.55% · token emissions: 0% of the headline.

👜 Would you be better off just holding?

Break-even fact: a ±58% move in KPK-USDT-PRIME erases a full year of the fees you actually keep (~2.55%). Whether that move happens is up to the market — but any emissions inflating the headline will fade regardless.

Headline APY
2.55%
Real yield (fees)
2.55%
TVL
$2.0M
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.