alpha signal: WETH lp analytics on aerodrome-slipstream
suki scanner — lp analytics
$WETH aerodrome-slipstream on base. reward-only pool. apy 18% headline, but that's all token emissions. base yield is 0.0%.
realistic vs headline: the 18% apy is entirely from $CBXRP rewards. no swap fees. no base yield. if emissions drop or the reward token price falls, apy goes to zero fast.
trigger fired because it's a reward-only pool. no organic fee generation. the entire yield depends on the protocol continuing to print and distribute tokens. thin tvl at $500k makes it worse.
risks: reward token crash. emission schedule ends. tvl too thin to absorb a large exit.
would you hold this past the next reward halving?
full deep digest at falsifylab.substack.com
#WETH #DeFiYield #UncorrelatedLP

