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

Is the YOG-ETH yield on morpho-blue real?

You're being paid 0.57% to absorb price risk. Only ~0.57% of it is real fees — and they stop covering impermanent loss if YOG-ETH diverges more than ±24%.

REAL 100%

Real fee/staking yield: 0.57% · token emissions: 0% of the headline.

👜 Would you be better off just holding?

Break-even fact: a ±24% move in YOG-ETH erases a full year of the fees you actually keep (~0.57%). Whether that move happens is up to the market — but any emissions inflating the headline will fade regardless.

Headline APY
0.57%
Real yield (fees)
0.57%
TVL
$5.3M
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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