YieldTruth · uniswap-v4 · Ethereum · as of 2026-07-01 05:18 UTC
▲ SHORT-VOL CARRY Grade C

Is the ETH-USDC yield on uniswap-v4 real?

You're being paid 14.1% to absorb price risk. Only ~14.1% of it is real fees — and they stop covering impermanent loss if ETH-USDC diverges more than ±210%.

REAL 100%

Real fee/staking yield: 14.1% · token emissions: 0% of the headline.

👜 Would you be better off just holding?

Break-even fact: a ±210% move in ETH-USDC erases a full year of the fees you actually keep (~14.1%). Whether that move happens is up to the market — but any emissions inflating the headline will fade regardless.

Headline APY
14.1%
Real yield (fees)
14.1%
TVL
$28M
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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