Curve Best Yields & Key Metrics | Week 11, 2026

Market Overview

Curve TVL eased 2.1% this week to $2.03B, with trading activity also cooling from last week's stronger burst. Even so, crvUSD held close to peg at $0.9995, and scrvUSD continued to offer 5.0%.

The main news of the week is that there is a new proposal for a GHO PegKeeper being voted on currently. Also, there are new visualizations in the docs — visualize and explore the Fee Architecture, and CRV emissions, with more coming soon.

As always, there are some great yields available on Curve. See all the highlighted yields and weekly metrics below.

Top Yields

All yields shown below are the unboosted rates offered directly through Curve. However, projects such as Convex, StakeDAO and Yearn all offer boosting for these yields.

Premier crvUSD Pools

All highlighted markets below have more than $10M of TVL.

Chain	Market	TVL	Yield
	pmUSD crvUSD	$17.8M	23.5%
	PYUSD crvUSD	$51.3M	6.7%
	scrvUSD	$34.8M	5.0%
	frxUSD crvUSD	$12.9M	3.6%
	USDT crvUSD	$17.7M	3.4%

Other Top USD Yields

All yields are calculated assuming a minimum of $100k TVL.

Chain	Market	Type	Yield
	frxUSD USDp	Pool	31.4%
	ebUSD USDC	Pool	30.5%
	xpUSD sUSDS	Pool	28.4%
	crvUSD sfrxETH	Llamalend	26.2%
	ynRWAx ynUSDx	Pool	26.2%
	pmUSD crvUSD	Pool	23.5%
	pmUSD frxUSD	Pool	23.0%
	ynRWAx USDC	Pool	19.6%

Top BTC & ETH Yields

All yields are calculated assuming a minimum of $100k TVL.

Note: alETH is currently about 5% off-peg and wasn't included on the banner, but is included here as it has been gradually returning to peg since 2023.

Chain	Market	Asset	Yield
	alETH WETH	ETH	36.4%
	WETH pufETH	ETH	9.6%
	ynETHx WETH	ETH	7.2%
	cbBTC WBTC LBTC	BTC	5.0%
	tBTC cbBTC	BTC	1.2%
	WBTC cbBTC hemiBTC	BTC	1.1%

Other Top Yields

All yields are calculated assuming a minimum of $100k TVL.

Chain	Market	Asset	Yield
	CRV crvUSD	CRV	10.6%
	CRV yCRV	CRV	9.2%
	crvUSD CJPY	FOREX	5.8%
	crvUSD ZCHF	FOREX	4.3%
	crvUSD tBTC WETH	TRICRYPTO	3.8%
	EURA EURC	EUR	1.3%

Weekly Metrics

crvUSD & scrvUSD

crvUSD supply continues it's mild contraction, with the minted supply and scrvUSD yield both declining. PegKeeper reserves were also reduced, but positively the peg stayed very close to the target $1.0000 target.

Metric	Value	Change
crvUSD Minted	$22.6M	-1.2%
scrvUSD Yield	5.0%	-3.7%
crvUSD inscrvUSD	154.2%	+14.7%
crvUSD Price	$0.9994	-$0.0006
Avg. Borrow Rate	12.6%	+1.5%
Peg Stability Reserves	$0M	-$6.42M
PegKeeper Profit	$0	-

Llamalend

Llamalend contracted overall this week, with TVL, supplied balances, collateral, and loan count all lower. The main offset was a 2.6% increase in borrowed balances, suggesting some users are borrowing more with lower amounts of collateral.

DEX

Curve's DEX cooled this week, with TVL, volume, swaps, and fees all moving lower from last week's elevated base.

DAO

DAO metrics softened this week, with lower veCRV distributions and slightly lower locked balances across the board. CRV emissions were also down modestly in USD terms, reflecting the slight downturn in CRV price.

Metric	Value	Change
CRV Circ. Supply	1.49B	+0.2%
CRV Locked	857M	-0.1%
Total veCRV	785M	-0.2%
veCRV Distribution	$79.1k	-28.4%
CRV Emissions	$538k (2.22M CRV)	-2.3%
Inflation Rate	4.898%	-0.005%

Top Stableswap Pools

Stablecoin flow remained concentrated in PYUSD/USDS and sUSDS/USDT this week, while Ripple's RLUSD and GlobalDollar's USDG climbed rapidly up the rankings on renewed demand.

📍	🔄	Chain	Pool	Volume	Fees
1	+1		PYUSD USDS	$375.1M	$3.9k
2	-1		sUSDS USDT	$261.6M	$3.0k
3	-		USDC USDT	$200.0M	$2.1k
4	+6		USDC RLUSD	$83.6M	$17.1k
5	-		USDC crvUSD	$48.0M	$4.8k
6	-2		DAI USDC USDT	$41.7M	$6.2k
7	-		ETH stETH	$33.1M	$3.3k
8	+43		USDG USDC	$29.8M	$3.1k
9	-3		USDT crvUSD	$28.6M	$2.9k
10	-2		PYUSD USDC	$27.9M	$2.9k

Top Cryptoswap Pools

Core Tricrypto markets continued to dominate Cryptoswap activity, with only minor reshuffling in the leaderboard and WETH/CVX jumping four spots into the top six.

📍	🔄	Chain	Pool	Volume	Fees
1	-		USDC WBTC WETH	$16.4M	$9.0k
2	-		USDT WBTC WETH	$14.0M	$8.2k
3	+1		crvUSD WETH CRV	$9.9M	$5.3k
4	-1		USDT WBTC WETH	$9.3M	$16.3k
5	-		WETH cbETH	$2.5M	$774.9
6	+4		WETH CVX	$2.5M	$10.0k

Gauge Winners & Losers

Gauge vote changes were relatively small this week, as it's the usual off-week set by the Convex's fortnightly gauge votes.

📍	Chain	Pool	TVL	CRV Emissions	Change
1		OETH ARM-WETH-stETH	$421k	2.35k	+347
2		OUSD MUSD	$220k	3.22k	+261
3		WETH superOETHb	$31.2M	508	+214
...	...	...	...	...	...
-3		SDT cvgSDT	$84.1k	320	-295
-2		MUSD USDC USDT	$1.17M	8.77k	-319
-1		CVX1 cvgCVX	$72.4k	1.99k	-793

DEX Winners & Losers

Fees Winners & Losers

Fee growth was led by RLUSD and volatility-linked pools such as WETH/CVX and stETH/frxETH. On the downside, 3pool, Tricrypto-1, and USDS/stUSDS gave back a large share of last week's fee spike.

📍	Chain	Pool	Volume	Fees	Change
1		USDC RLUSD	$83.6M	$17.1k	+$10.4k
2		WETH CVX	$2.54M	$10k	+$5.51k
3		stETH frxETH	$10.1M	$4.03k	+$3.64k
...	...	...	...	...	...
-3		USDS stUSDS	$913k	$958	-$7.58k
-2		USDT WBTC WETH	$9.3M	$16.3k	-$10.4k
-1		DAI USDC USDT	$41.7M	$6.25k	-$11.2k

Volume Winners & Losers

Volume rotated toward RLUSD and USDG this week, while the largest stablecoin venues cooled sharply from the prior period.

📍	Chain	Pool	Volume	Fees	Change
1		USDC RLUSD	$83.6M	$17.1k	+$50.4M
2		USDG USDC	$29.8M	$3.09k	+$27.4M
3		stETH frxETH	$10.1M	$4.03k	+$9.11M
...	...	...	...	...	...
-3		DAI USDC USDT	$41.7M	$6.25k	-$74.5M
-2		USDC USDT	$200M	$2.14k	-$111M
-1		sUSDS USDT	$262M	$3.03k	-$205M

TVL Winners & Losers

Fresh liquidity favored DOLA/sUSDe and pmUSD/frxUSD this week, while several crvUSD-adjacent pools gave back capital after last week's reallocation. PYUSD/crvUSD saw the largest outflow, down $16.6M.

📍	Chain	Pool	TVL	Change
1		DOLA sUSDe	$72.1M	+$6.46M
2		pmUSD frxUSD	$16.6M	+$2.96M
3		WETH cbETH	$18.9M	+$2.94M
...	...	...	...	...
-3		USDC crvUSD	$22.1M	-$5.58M
-2		WETH superOETHb	$31.2M	-$14M
-1		PYUSD crvUSD	$51.3M	-$16.6M

Llamalend Winners & Losers

crvUSD Minting Markets - Borrowing Winners & Losers

crvUSD minting markets were relatively quiet this week. WBTC collateral held up best, while WETH and tBTC saw the largest borrowing paydowns, pointing to a cautious tone in leveraged long demand.

📍	Chain	Market	Collateral	Borrowed	Change
1		crvUSD WBTC	$29.4M	$13.9M	+$82.8k
2		crvUSD cbBTC	$1.22M	$800k	+$1.28k
3		crvUSD weETH	$297k	$143k	-
...	...	...	...	...	...
-3		crvUSD sfrxETH	$1.41M	$838k	-$19.2k
-2		crvUSD tBTC	$4.91M	$2.93M	-$115k
-1		crvUSD WETH	$3.29M	$2.12M	-$224k

Lend Markets - Borrowing Winners & Losers

Borrow demand within Llamalend rotated back toward sfrxUSD and sreUSD markets, which led gains by a clear margin. Most other markets were little changed, with only modest outflows in WBTC, fxSAVE, and wstETH.

📍	Chain	Market	Supplied	Borrowed	Change
1		crvUSD sfrxUSD	$7.2M	$3.74M	+$801k
2		crvUSD sreUSD	$32.6M	$14.9M	+$674k
3		crvUSD WETH	$1.18M	$734k	+$212k
...	...	...	...	...	...
-3		crvUSD WBTC	$3.37M	$2.52M	-$20.1k
-2		crvUSD fxSAVE	$1.02M	$169k	-$33.3k
-1		crvUSD wstETH	$972k	$660k	-$51.6k

Lend Markets - Supplying Winners & Losers

Supplied balances shifted strongly into sfrxUSD and sUSDe, while the sDOLA market continued to unwind after the recent exploit as suppliers rotate to other opportunities and accounted for by far the largest supply reduction this week.

📍	Chain	Market	Supplied	Borrowed	Change
1		crvUSD sfrxUSD	$7.2M	$3.74M	+$3.44M
2		crvUSD sUSDe	$3.49M	$1.26M	+$1.77M
3		crvUSD fxSAVE	$1.02M	$169k	+$732k
...	...	...	...	...	...
-3		crvUSD ynETHx	$57k	$800	-$32.1k
-2		crvUSD sfrxETH	$274k	$217k	-$87.9k
-1		crvUSD sDOLA	$4.12M	$55.9	-$9.35M

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

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.