STONK-USDCon Raydium CLMMCLMMActive

Emission decay has limited direct relevance because the reported reward-only APR is 0.6% and 95% of yield comes from trading fees. The main APR risk is therefore a decline in swap volume, which would reduce 10.6% and 11.2%.

The current data reports 0.6% in reward-only APR, so there is no reported reward component to remove from the stated 11.2%. If any unreported incentive ends, the remaining return would still depend on fee APR of 10.6% and continued trading activity.

The risk is material because STONK can move sharply and the pool's fee income depends on trading activity. Although 95% of yield is fee-derived and the pool has 0.12x volume relative to liquidity, unavailable seven-day loss and range data make recent LP risk harder to quantify.

For STONK-USDC, reassess or exit when 10.6% declines materially, 0.12x deteriorates, TVL begins draining, or STONK remains near a range boundary long enough to create concentrated inventory risk. A weakening fee stream is particularly important because the pool has no reported reward contribution.

A precise break-even period cannot be established because seven-day impermanent-loss history is unavailable and fee income changes with volume. In principle, break-even requires cumulative fees at 10.6% to offset the position's price divergence and withdrawal costs; the stated 11.2% should not be treated as a guaranteed recovery period.