Curve Best Yields & Key Metrics | Week 1, 2025

Weekly yield and Curve ecosystem metric updates as of the 3rd January, 2025

Curve Best Yields & Key Metrics | Week 1, 2025

Market Overview

Curve's TVL rose to $2.501B this week, with strong fee generation led by Usual's USD0 pools which utilize dynamic fees, a feature of Curve's new Stableswap pools.

LlamaLend leads this week's USD yields with over 200% APR on crvUSD deposits in the ynETH/crvUSD market, while the WETH/shezETH Stableswap pool offers over 100% APR ETH yield. Read on for this week's key metrics and opportunities across the Curve ecosystem.

Top Yields

Note: for pools with less than $100k TVL, the yield has been calculated as if the pool has $100k TVL.

Top Performing Pools by Asset Class

Chain Pool Type Yield
sDOLA
alUSD
USD 69.79%
USD3
sDAI
USD 29.46%
CrossCurve Stable
USD 27.81%
zunBTC
tBTC
BTC 38.04%
EBTC
tBTC
BTC 4.54%
ShezETH
WETH
ETH 106%
zunETH
frxETH
ETH 13.59%
CRV
crvUSD
CRV 34.4%
CRV
vsdCRV
asdCRV
CRV 19.73%
EURA
EURT
EURS
EUR 14.73%

crvUSD & scrvUSD Yield Opportunities

At the time of writing, LlamaLend offers higher yields than all USD stablecoin pools except one. Check below for available opportunities.

Chain Market Type Yield
crvUSD
ynETH
LlamaLend 213%
crvUSD
ARB
LlamaLend 39.51%
crvUSD
ARB
LlamaLend 33.02%
crvUSD
asdCRV
LlamaLend 32.71%
USD3
scrvUSD
Pool 27.35%
USDC
scrvUSD
Pool 23.87%
sUSD
crvUSD
Pool 22.42%
USDM
crvUSD
Pool 19.8%

Notable Pool Activity

Highest Volume Pools

Chain Pool Volume TVL
DAI
USDC
USDT
$890.6M $166.3M
USD0
USDC
$672M $101.2M
USD0
USD0++
$276.8M $319.6M
ETH
stETH
$256.3M $176.5M

Recently Launched Pools

Chain Pool TVL
USDX
sUSDX
$1.032M

Highest Fee Generating Pools

Chain Pool Fees Volume
USD0
USDC
$134.4k $672M
USD0
USD0++
$110.7k $276.8M
DAI
USDC
USDT
$89.08k $890.6M

Most Profitable Pools

Note: Minimum $100k TVL, profitability is measured by fees per $1 of liquidity

Chain Pool Fees TVL
USDT
EYWA
$10.99k $714.1k
ETH
PRISMA
$1.224k $130.5k
mkUSD
PRISMA
$2.434k $335.9k

Ecosystem Metrics

All changes (shown with + or -) represent the difference compared to values from one week ago.

Pool Statistics

Metric Value Change
TVL $2.327B +0.61%
Volume $3.375B -12.59%
Transactions 350,053 -22.85%
Total Fees $787k -14.49%
DAO Fees $393.5k -14.49%

crvUSD & scrvUSD Performance

The proportion of crvUSD staked in scrvUSD continues to rise, helping to strengthen the crvUSD peg.

Metric Value Change
crvUSD Supply
$77.55M -0.30%
scrvUSD Yield
15% APY -0.21%
crvUSD inscrvUSD
29.96% +3.31%
crvUSD Peg
$0.9993 +$0.0008

crvUSD Loan Metrics

scrvUSD continues to ease borrowing rates downwards, while Curve's automatically fluctuating rates remain slightly higher than competitors, suggesting users value the Liquidation Protection feature enough to pay a premium.

Metric Value Change
Avg. Borrow Rate 14.81% -1.53%
crvUSD Borrowed $77.55M -0.41%
Collateral $142.2M +0.92%
Loans 642 -12
Fees $201.6k -15.29%
Pegkeeper Debt $0 -

LlamaLend Performance

Metric Value Change
Lending TVL $43.68M -6.37%
Supplied $31.62M +1.67%
Borrowed $22.36M -3.37%
Collateral $34.43M -11.03%
Loans 661 +13

Curve's ecosystem continues to expand rapidly, welcoming new teams and pools weekly. If you're interested in launching a pool, lending market, or simply want to connect with the community, join us on Telegram or Discord.

Risk Disclaimer

Risk Advisory: References to specific pools or Llamalend markets do not constitute endorsements of their safety. We strongly encourage conducting personal risk analysis before engaging with any pools or markets. Please review our detailed risk disclaimers: Pool Risk Disclaimer, Llamalend Risk Disclaimer, crvUSD Risk Disclaimer.