Yuzu Finance

Rejected venues wait the longest for re-review; a rejection has to earn another look before the scheduled date.

Yuzu is a non-custodial concentrated-liquidity AMM deployed on Movement. An LP chooses a price interval and supplies two-token inventory; as price crosses the interval, the position accumulates one asset, can become inactive, and stops earning fees until price returns. Yuzu itself identifies impermanent loss as an LP risk. The 2026-08-16 survey reported about $1.13 million on Movement. The AMM-LP dossier rejects this economic position; Movement settlement and subscale liquidity are additional independent barriers.

Kill criteria: the events that revoke this verdict
• Ships a product line without impermanent-loss exposure that merits its own review

The research file

Mechanism applicability

Yuzu describes itself as a Movement-native CLMM. LPs choose targeted price ranges and swaps execute against pooled liquidity rather than an order book. Pool receipts represent a pro-rata claim on the pool, so the client supplies two-sided, price-responsive AMM inventory and directly matches the shared AMM-LP dossier.

Inventory and exit applicability

Yuzu explains that a price move changes the LP token mix and can leave the position entirely in one asset; once outside the chosen range, liquidity becomes inactive and stops earning fees. Its liquidity-pool guide expressly identifies impermanent loss. A withdrawal returns the then-current pool claim, so exit does not promise the original token mix or eliminate price impact and token-contract risk.

Current observation and perimeter

The DefiLlama API read on 2026-08-16 classified Yuzu as a DEX and reported approximately $1.13M, all on Movement. Yuzu continues to call the protocol live on Movement. This record covers Yuzu LP exposure only and does not infer approval of Movement, MOVE, bridged assets or any separate product.

Why the class rule decides

Fees require two-token AMM inventory that changes with trades and price, making the version-1 AMM-LP dossier dispositive. Movement is not an approved settlement chain and current TVL is below the institutional threshold, but both are additional barriers. Reopen only for a named non-LP product on an approved chain and then review its own controls, incidents, liquidity and exit path.

Sources

The claims above trace to these. Where a number could not be independently verified, the thesis says so.

• Yuzu docs — protocol and Movement perimeter · primary · accessed 2026-08-16
  Supports: Movement, CLMM, non-custodial, price ranges
• Yuzu docs — concentrated-liquidity product · primary · accessed 2026-08-16
  Supports: AMM, two-token liquidity, price ranges, fees
• Yuzu docs — active and inactive liquidity · primary · accessed 2026-08-16
  Supports: out of range, inactive liquidity, single-asset endpoint, fee cessation
• Yuzu docs — pool receipts and impermanent loss · primary · accessed 2026-08-16
  Supports: LP tokens, withdrawal claim, trading fees, impermanent loss
• DefiLlama — Yuzu Finance survey record · secondary · accessed 2026-08-16
  Supports: current TVL, Movement, DEX category, survey observation

Inherited controls

The verdict above grades the protocol layer. Every position also inherits the asset it holds and the chain it settles on. The least safe layer sets the position’s grade, and the position table names which one that is.