Curve Best Yields & Key Metrics | Week 2, 2025

Market Overview

Despite market volatility, Curve has demonstrated its resilience. Curve's innovative loan protection system has effectively preserved borrower collateral in this high volatility, while TVL has adjusted modestly to 2.382B amid broader market price decreases.

In this environment, Curve continues to stand out - offering attractive yield opportunities alongside increasingly competitive borrowing rates, driven by scrvUSD's innovative mechanics.

Top Yields

Top Performing Pools by Asset Class

Chain Pool Type Yield
scrvUSD
sFRAX
USD 72.37%
thUSD
crvUSD
USD 37.4%
sDOLA
alUSD
USD 30.75%
zunBTC
tBTC
BTC 15.94%
tBTC
cbBTC
BTC 6.24%
frxETH
OETH
ETH 32.62%
zunETH
frxETH
ETH 13.58%
CRV
crvUSD
CRV 29.85%
CRV
vsdCRV
asdCRV
CRV 21.1%
EURA
EURT
EURS
EUR 13.57%

CrvUSD & scrvUSD Yield Opportunities

Chain Market Type Yield
scrvUSD
sFRAX
Pool 72.37%
thUSD
crvUSD
Pool 37.4%
crvUSD
CRV
LlamaLend 30.7%
crvUSD
WETH
LlamaLend 28.68%

Ecosystem Metrics

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

CrvUSD & scrvUSD Performance

CrvUSD has demonstrated exceptional stability, with less than 1% supply reduction and maintaining strong peg performance throughout the market downturn. The sustained high demand for crvUSD during this period signals its emerging potential as a market safe haven.

Metric Value Change
crvUSD Supply
$76.89M -0.85%
scrvUSD Yield
12.8% APY -2.20%
crvUSD inscrvUSD
33.48% +3.52%
crvUSD Peg
$0.9995 +$0.0002

Pool Statistics

Note: Pool metrics are measured from Thursday 00:00 UTC to Thursday 00:00 UTC. High activity from the past two days will be reflected in next week's statistics.

Metric Value Change
TVL $2.239B -3.78%
Volume $2.699B -20.02%
Transactions 313,325 -10.49%
Total Fees $783.4k -0.45%
DAO Fees $391.7k -0.45%

CrvUSD Loan Metrics

PegKeepers have been activated for the first time since scrvUSD launch, responding to crvUSD trading above peg. When this happens, PegKeepers sell allocated crvUSD to restore peg, temporarily taking on debt. They later repay this debt by buying back crvUSD below peg, with profits flowing to CurveDAO. Currently, $2.221M of crvUSD has been sold above peg by PegKeepers, awaiting lower prices for them to buyback.

Despite recent volatility, only 20 loans triggered liquidation protection (soft-liquidation) measures, with just a single full liquidation - demonstrating the robustness of Curve's lending system.

Metric Value Change
Avg. Borrow Rate 12.18% -2.79%
crvUSD Borrowed $76.89M -0.85%
Collateral $138.6M -2.53%
Loans 643 +1
Fees $209.7k +4.03%
Pegkeeper Debt $2.221M +$2.221M
Protection-triggered Loans 20
Liquidated Loans 1

LlamaLend Performance

This week's volatility provided a valuable stress test for Llamalend's loan performance. While Llamalend is designed for higher volatility markets than crvUSD loans, the system performed exceptionally well: fewer than 10% of borrowers reached their loan protection threshold, with only 6 full liquidations. The median daily protection loss stayed at just 2.04%, highlighting the advantages of Curve's lending infrastructure.

Metric Value Change
Lending TVL $41.72M -4.48%
Supplied $31.93M +0.97%
Borrowed $22.32M -0.18%
Collateral $32.12M -6.71%
Loans 664 +3
Protection-triggered Loans 55
Daily Median Protection Loss 2.04%
Liquidated Loans 6

Notable Pool Activity

Note: Pool metrics are measured from Thursday 00:00 UTC to Thursday 00:00 UTC. High activity from the past two days will be reflected in next week's statistics.

Highest Volume Pools

Chain Pool Volume TVL
DAI
USDC
USDT
$585.4M $163M
USD0
USDC
$394.5M $96.82M
USDe
USDC
$217.9M $12.61M
USR
USDC
$216.1M $26.73M

Highest Fee Generating Pools

Chain Pool Fees Volume
am3CRV
amWBTC
amWETH
$98.81k $7.932M
USR
USDC
$86.35k $216.1M
USD0
USDC
$78.89k $394.5M

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.