Curve Best Yields & Key Metrics | Week 52

Weekly yield and Curve ecosystem metric updates as of the 27th December, 2024

Curve Best Yields & Key Metrics | Week 52

Market Overview

Curve's TVL rose 6.8% to $2.482B this week, with Usual's USD0 pools notably challenging the 3Pool's dominance. Thanks to dynamic fees on Curve's new Stableswap pools, USD0 pools led fee generation and nearly matched 3Pool's volume. Weekly protocol fees also increased 30%, with the DAO earning $725k for the period.

Yield opportunities across Curve remain very attractive, with EWYA's CrossCurve Stablecoin pools offering around 180% yield, while the DOLA/alUSD pool on Ethereum provides approx 140% yield. For crvUSD users, the crvUSD/WETH Llamalend market currently offers a solid 56% APY.

This weekly update highlights all of these compelling opportunities across the Curve ecosystem and more.

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.

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
CrossCurve Stable 2
USD 187.5%
sDOLA
alUSD
USD 145.8%
USD3
scrvUSD
USD 49.59%
CrossCurve BTC
BTC 23.11%
zunBTC
tBTC
BTC 12.92%
CrossCurve ETH
ETH 81.11%
pxETH
frxETH
ETH 23.46%
CRV
crvUSD
CRV 39.7%
CRV
vsdCRV
asdCRV
CRV 21.1%
EURA
EURT
EURS
EUR 15.95%

crvUSD & scrvUSD Yield Opportunities

Chain Market Type Yield
crvUSD
WETH
LlamaLend 56.96%
USD3
scrvUSD
Pool 49.59%
crvUSD
asdCRV
LlamaLend 34.38%
crvUSD
IBTC
LlamaLend 33.48%
crvUSD
ARB
LlamaLend 30.73%
USDC
scrvUSD
Pool 27.9%
crvUSD
sUSDe
Pool 25.94%
sUSD
crvUSD
Pool 22.93%

Ecosystem Metrics

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

crvUSD & scrvUSD Performance

scrvUSD native yield has risen to 15.25% APY, driven by strong leverage demand, as crvUSD trades increasingly closer to its $1 peg.

Metric Value Change
crvUSD Supply
$77.87M -0.50%
scrvUSD Yield
15.25% APY +0.75%
crvUSD inscrvUSD
26.65% +1.94%
crvUSD Peg
$0.9985 +$0.0006

Pool Statistics

Metric Value Change
TVL $2.316B +6.93%
Volume $3.874B +26.67%
Transactions 453,754 +17.07%
Total Fees $924.9k +31.92%
DAO Fees $462.4k +31.92%

crvUSD Loan Metrics

Metric Value Change
Avg. Borrow Rate 16.34% +1.52%
crvUSD Borrowed $77.87M -0.50%
Collateral $140.9M -1.89%
Loans 642 -
Fees $238k +26.12%
Pegkeeper Debt $0 -

LlamaLend Performance

Metric Value Change
Lending TVL $46.65M -7.36%
Supplied $31.1M -4.79%
Borrowed $23.14M -1.23%
Collateral $38.7M -5.91%
Loans 648 +21

Notable Pool Activity

Highest Volume Pools

Chain Pool Volume TVL
DAI
USDC
USDT
$898M $165.9M
USD0
USDC
$645.7M $97.72M
ETH
stETH
$421.5M $177M
USD0
USD0++
$200.1M $292.5M

Recently Launched Pools

Among several new pool launches this week, two notably surpassed $100k in TVL.

Chain Pool TVL
USDX
USDT
$1.076M
sDOLA
alUSD
$595k

Highest Fee Generating Pools

Dynamic fees in Usual's USD0 stableswap pools have significantly boosted LP profitability, allowing them to capitalize on high liquidity demand and dominate this week's fee generation.

Chain Pool Fees Volume
USD0
USDC
$129.2k $645.7M
DAI
USDC
USDT
$89.81k $898M
USD0
USD0++
$80.03k $200.1M

Most Profitable Pools

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

The Prisma pool is the most profitable this week, due to the volatility from the Governance vote to shutdown the protocol.

Chain Pool Fees TVL
ETH
PRISMA
$1.671k $212k
CRV
crvUSD
$1.38k $280.9k
crvUSD
ARB
CRV
$5.523k $1.298M

*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.