Curve Best Yields & Key Metrics | Week 4, 2025
Weekly yield and Curve ecosystem metric updates as of the 24th January, 2025
Market Overview
This week, Curve's TVL has moderated to $2.355B, down 2.7% since last week due to the recent volatility in the markets.
The biggest addition has been the launch of Liquity v2 and their new Bold pools. Attracting almost $10M of TVL in the past 24hrs, and offering the best USD yields of the week at over 40%!
These opportunities and more are shown below in this weekly roundup of the best yields and metrics for the Curve ecosystem.
Top Yields
Top Performing Pools by Asset Class
Chain | Pool | Type | Yield |
---|---|---|---|
CRV crvUSD |
CRV | 43.59% | |
Bold LUSD |
USD | 41.48% | |
Bold USDC |
USD | 32.08% | |
frxETH OETH |
ETH | 30.68% | |
CrossCurve Stable 2 |
USD | 26.72% | |
CRV vsdCRV asdCRV |
CRV | 25.18% | |
stETH wBETH |
ETH | 21.22% | |
EURA EURT EURS |
EUR | 12.99% | |
zunBTC tBTC |
BTC | 5.27% | |
tBTC cbBTC |
BTC | 3.47% |
crvUSD & scrvUSD Yield Opportunities
Chain | Market | Type | Yield |
---|---|---|---|
scrvUSD sFRAX |
Pool | 22.72% | |
crvUSD tBTC |
LlamaLend | 21.77% | |
USDP crvUSD |
Pool | 21.54% | |
crvUSD WBTC |
LlamaLend | 20.93% | |
crvUSD ARB |
LlamaLend | 20.33% |
Ecosystem Metrics
All changes (shown with + or -) represent the difference compared to values from one week ago.
crvUSD & scrvUSD Performance
Metric | Value | Change |
---|---|---|
crvUSD Circ. Supply |
$79.64M | -4.44% |
scrvUSD Yield |
6.33% APY | -0.34% |
crvUSD inscrvUSD |
28.36% | -7.10% |
crvUSD Peg |
$0.9995 | -$0.0003 |
Pool Statistics
Volumes and transactions increased a substantial amount across the week!
Metric | Value | Change |
---|---|---|
TVL | $2.14B | -5.56% |
Volume | $4.206B | +15.72% |
Transactions | 401,946 | +12.30% |
Total Fees | $907.5k | -6.47% |
DAO Fees | $453.7k | -6.47% |
CrvUSD Loan Metrics
Borrowing rates for crvUSD are once again close to average DeFi market rates, while PegKeepers now again hold no debt. However, importantly, the supply of crvUSD is still on an upward trajectory in the long term.
Metric | Value | Change |
---|---|---|
Avg. Borrow Rate | 9.266% | +5.62% |
crvUSD Borrowed | $79.64M | -4.44% |
Collateral | $159.3M | -2.67% |
Loans | 692 | +5 |
Fees | $104.7k | +38.18% |
Pegkeeper Debt | $0 | -$7.614M |
LlamaLend Performance
It's great to see that the amount borrowed from LlamaLend has increased by almost 6%, even when the amount of loans has slightly decreased. Perhaps users migrated to LlamaLend, and away from crvUSD, now that the borrowing rates have increased from last week's lows? There are definitely many opportunities for great borrowing rates in LlamaLend.
Metric | Value | Change |
---|---|---|
Lending TVL | $46.25M | -1.24% |
Supplied | $36.25M | +2.39% |
Borrowed | $25.12M | +5.98% |
Collateral | $35.12M | -0.03% |
Loans | 658 | -6 |
Notable Pool Activity
Highest Volume Pools
It was a huge week for volumes, with the 3pool doing over $1.3B of volume!
Chain | Pool | Volume | TVL |
---|---|---|---|
DAI USDC USDT |
$1.353B | $163.7M | |
ETH stETH |
$484.2M | $168.1M | |
USD0 USDC |
$334.9M | $61.94M | |
USDe USDC |
$255.9M | $10.05M |
Recently Launched Pools
It's great to see the Bold pools getting over $9M of TVL in less than 24hrs since the launch of the Liquity v2.
Chain | Pool | TVL |
---|---|---|
Bold USDC |
$7.99M | |
Bold LUSD |
$1.24M | |
lvlUSD slvlUSD |
$87.7k |
Highest Fee Generating Pools
Chain | Pool | Fees | Volume |
---|---|---|---|
DAI USDC USDT |
$135.3k | $1.353B | |
USR USDC |
$71.36k | $178.4M | |
USD0 USDC |
$66.97k | $334.9M | |
USDT WBTC WETH |
$54.31k | $22.83M |
Most Profitable Pools
Note: Minimum $100k TVL, profitability is measured by fees per $1 of liquidity
Chain | Pool | Fees | TVL |
---|---|---|---|
WETH ASF |
$5.327k | $1.193M | |
crvUSD WBTC WETH |
$10.45k | $2.468M | |
crvUSD tBTC WETH |
$4.279k | $1.25M |
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.