USD₮0 (Velodrome V3)

Current APY

Current APY

1.3377%

Base APY

Not reported

Reward APY

1.3377%

Yield composition unavailable.

Most of the current APY comes from token incentives.

Reward assets: REWARD, REWARD

Liquidity

TVL

$692,230

7D change

+51.6%

30D change

+51.6%

TVL reflects observed liquidity, not safety.

Where the yield comes from

The reported yield primarily comes from trading fees earned by the liquidity pool. Separately reported token incentives account for 1.34 percentage points of the current APY.

Yield mechanism could not be fully verified from available evidence.

What can reduce the rate

Yield may fall if trading volume or token incentives decline.

Observed risk

Insufficient evidence · Medium evidence confidence

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.

Risk methodology

Risk dimensions

• ProtocolHigher concern+
• GovernanceUnknown+
• Oracle dependencyUnknown+
• AssetHigher concern+
• LiquidityHigher concern+
• Rate durabilityHigher concern+
• ExposureHigher concern+
• Custody and counterpartyUnknown+
• Terms and redemptionUnknown+
• InterconnectionModerate concern+
• Data qualityModerate concern+

Principal risks

• Yield.ly did not verify an audit report covering this specific opportunity.
• Multiple volatile assets increase composition risk.
• Pool liquidity appears thin relative to comparable products.
• Most of this yield comes from token incentives.
• Overall evidence coverage is below the minimum required for a tier.

Exposure

Exposure type

Liquidity-provider position

Assets

Not reported

Impermanent loss

Impermanent-loss exposure

Funds enter Velodrome V3 on optimism. Exit via remove liquidity.

Exit conditions

Exit terms are not fully reported.

Some product terms are currently unavailable.

Qualification notes

Meets Yield.ly's current requirements for default discovery where qualified. Learn how qualification works

• Lower liquidity

  This pool has lower liquidity than Yield.ly default discovery threshold.

• Rate below recent history

  The current APY is materially below its recent median based on observed history.

• Incentive-heavy yield

  A large share of this rate comes from token incentives, which can change quickly and may depend on the reward token market value.

• Impermanent loss exposure

  Multi-asset pool exposure can create impermanent loss relative to holding the underlying assets.

• Risk flag

  Overall evidence coverage is below the minimum required for a tier.

• Insufficient evidence

  Observed-risk coverage is incomplete for this opportunity.

Data sources

Source observed

Aug 26, 2026, 6:02 AM UTC

Yield.ly refresh

Aug 26, 2026, 6:03 AM UTC

Snapshot generated

Aug 26, 2026, 6:17 AM UTC

• DefiLlama · total APY, reward APY, TVL

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