YieldTruth · convex-finance · Ethereum · as of 2026-10-05 06:26 UTC
⬣ AVOID Grade F

Is the PMUSD-IREET yield on convex-finance real?

DefiLlama flags this 41.1% APY as a statistical outlier — it is almost certainly not real income, and very likely a transient print or a token with no liquidity. We can't honestly say this won't bleed you.

EMISSIONS 100%

Real fee/staking yield: 0.16% · token emissions: 100% of the headline.

👜 Would you be better off just holding?

A headline this extreme is the canonical trap. Holding assets you understand beats chasing a number like this.

Headline APY
41.1%
Real yield (fees)
0.16%
TVL
$2.0M
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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