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Curated crypto headlines with the on-chain context most tools skip. Written by the team behind Koinlytics.
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$1.6 billion in DeFi liquidity is idle. This is why your LP APR is a lie.

Dune research published on July 18 found that $1.6 billion in DeFi liquidity earned nothing in H1 2026. Around $542 million per week sat outside active price ranges. Here is why the APR you see quoted is not the APR you earn, and how to measure the difference.

ETHUSDCdefiimpermanent-lossJul 19, 2026

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