The reported yield primarily comes from trading fees earned by the liquidity pool. Separately reported token incentives account for 3.70 percentage points of the current APY.
What can reduce the rate
Yield may fall if trading volume or token incentives decline.
Risk detail
Yield.ly's risk assessment summarizes observable factors and data coverage. It is not an audit, credit rating, guarantee, or recommendation. Smart contracts, assets, protocols, custodians, and market conditions can fail in ways the model does not detect.
Watch
An emergency pause authority exists with broad scope.
Strengths
Thirty-day observation history available.
Verified protocol and market identity.
Risk dimensions
Principal risks
An emergency pause authority exists with broad scope.
Exposure
Exposure type
Liquidity-provider position
Assets
CRVUSD
User deposits CRVUSD. Funds enter Convex on ethereum. Contracts are upgradeable or governance-controlled. Exit via remove liquidity.