YieldTruth · raydium-amm · Solana · as of 2026-07-01 05:18 UTC

▲ SHORT-VOL CARRY Grade C

Is the USDC-BIRB yield on raydium-amm real?

You're being paid 0.66% to absorb price risk. Only ~0.66% of it is real fees — and they stop covering impermanent loss if USDC-BIRB diverges more than the pair moves.

REAL 100%

Real fee/staking yield: 0.66% · token emissions: 0% of the headline.

👜 Would you be better off just holding?

The real fees here (~0.66%) can beat holding if USDC-BIRB stays calm, but a sharp divergence flips that. It's a genuine short-volatility bet, not free income.

Headline APY

0.66%

Real yield (fees)

0.66%

TVL

$1.5M

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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