Curve Best Yields & Key Metrics | Week 13, 2026

Market Overview

The rate has been eased! Borrowing crvUSD is cheap again. The average borrowing rate across all minting markets is down to 5.6%, making it a great time to borrow crvUSD.

Curve hasn't been exempt from the broader market downturn, with TVL decreasing by 2.0% to $2.00B this week.

With most yields compressing across DeFi, Curve offers some of the best opportunities available. See these below, along with all the weekly metrics and winners and losers.

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	$17M	6.8%
	PYUSD crvUSD	$43.1M	5.7%
	scrvUSD	$34.8M	4.5%
	crvUSD sfrxUSD	$10.5M	3.4%
	USDT crvUSD	$18.4M	3.3%

Other Top USD Yields

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

Chain	Market	Type	Yield
	BUCK USDC	Pool	21.0%
	xpUSD sUSDS	Pool	19.9%
	ynRWAx ynUSDx	Pool	15.7%
	OUSD pmUSD	Pool	15.4%
	crvUSD sfrxUSD	Llamalend	14.9%
	sdUSD frxUSD	Pool	14.9%
	OUSD USDnr	Pool	14.4%
	ynRWAx USDC	Pool	13.2%

Top BTC & ETH Yields

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

Chain	Market	Asset	Yield
	ynETH ynETHx	ETH	12.0%
	alETH WETH	ETH	11.9%
	WETH pufETH	ETH	9.7%
	cbBTC WBTC LBTC	BTC	3.5%
	WBTC cbBTC hemiBTC	BTC	1.2%
	cbBTC WBTC	BTC	0.5%

Other Top Yields

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

Chain	Market	Asset	Yield
	CRV cvxCRV	CRV	11.7%
	CRV yCRV	CRV	8.8%
	crvUSD ZCHF	FOREX	5.4%
	EURe WXDAI USDC USDT	FOREX	5.4%
	crvUSD tBTC WETH	TRICRYPTO	3.2%
	XAUt PAXG	GOLD	0.6%

Weekly Metrics

crvUSD & scrvUSD

The crvUSD minted supply finally started to stabilize this week, declining by only 1.2%. The big news is that the rate has been eased. Borrowing rates have been manually lowered, so they cannot spike as much as they previously could.

Metric	Value	Change
crvUSD Minted	$19.1M	-1.2%
scrvUSD Yield	4.5%	-1.7%
crvUSD inscrvUSD	181.7%	-3.0%
crvUSD Price	$0.9993	-$0.0003
Avg. Borrow Rate	5.6%	-3.1%
Peg Stability Reserves	$0	-
PegKeeper Profit	$700	+$523

Llamalend

Llamalend metrics improved across most headline metrics this week. However, collateral values are down slightly, suggesting higher average LTV ratios among borrowers.

DEX

Curve's DEX had a stronger week in terms of activity, even as TVL slipped 2.0%.

DAO

DAO metrics strengthened on distributions this week, with veCRV payouts up 45.2% to $117k (3.4% APR for veCRV holders). However, CRV emissions in USD terms did decrease.

Metric	Value	Change
CRV Circ. Supply	1.49B	+0.3%
CRV Locked	857M	-
Total veCRV	781M	-0.4%
veCRV Distribution	$117k	+45.2%
CRV Emissions	$508k (2.22M CRV)	-5.1%
Inflation Rate	4.889%	-0.004%

Top Stableswap Pools

Stablecoin flow remained highest in USDS pools, while DOLA pools made the biggest ranking jump of the week, unfortunately due to the USR hack causing a temporary depeg.

📍	🔄	Chain	Pool	Volume	Fees
1	-		PYUSD USDS	$373.7M	$3.9k
2	+1		sUSDS USDT	$210.3M	$3.0k
3	-1		USDC USDT	$171.3M	$2.0k
4	-		USDC RLUSD	$124.6M	$25.3k
5	+1		DAI USDC USDT	$51.9M	$7.8k
6	+25		DOLA sUSDe	$41.5M	$16.6k
7	+60		DOLA wstUSR	$40.1M	$21.6k
8	-1		USDC crvUSD	$36.1M	$3.6k
9	+2		PYUSD USDC	$29.3M	$3.1k
10	-1		USDT crvUSD	$23.9M	$2.4k

Top Cryptoswap Pools

Unfortunately, the RLP and USR pools were both among the top Cryptoswap pools this week due to the hack.

📍	🔄	Chain	Pool	Volume	Fees
1	-		USDC WBTC WETH	$17.7M	$8.9k
2	-		USDT WBTC WETH	$15.5M	$8.5k
3	-		crvUSD WETH CRV	$7.8M	$4.4k
4	+96		USDC RLP	$6.7M	$6.6k
5	-1		USDT WBTC WETH	$5.7M	$13.0k
6	+52		USR RLP	$5.2M	$6.6k

Gauge Winners & Losers

Small gauge changes this week as it's not a Convex voting week, with the biggest winner being RAAC's pmUSD/crvUSD pool.

📍	Chain	Pool	TVL	CRV Emissions	Change
1		pmUSD crvUSD	$17M	214k	+2.39k
2		WBTC cbBTC hemiBTC	$10.2M	19.8k	+513
3		msETH WETH	$15.8M	37.6k	+503
...	...	...	...	...	...
-3		MIM DAI USDC USDT	$8.97M	37k	-173
-2		OUSD MUSD	$137k	0	-259
-1		OETH ARM-WETH-stETH	$333k	267	-388

DEX Winners & Losers

Fees Winners & Losers

DOLA pools saw the biggest increase in fees, not from organic demand, but from the USR exploit. However, RLUSD did see an increase in organic demand.

📍	Chain	Pool	Volume	Fees	Change
1		DOLA wstUSR	$40.1M	$21.6k	+$21.4k
2		DOLA sUSDe	$41.5M	$16.6k	+$15.8k
3		USDC RLUSD	$125M	$25.3k	+$6.71k
...	...	...	...	...	...
-3		ETH stETH	$12.2M	$1.22k	-$5.54k
-2		OGN OETH	$475k	$1.57k	-$5.57k
-1		USDT WBTC WETH	$5.72M	$13k	-$6.01k

Volume Winners & Losers

USDS pools saw the largest increase in organic volumes, while stETH saw the biggest decrease.

📍	Chain	Pool	Volume	Fees	Change
1		PYUSD USDS	$374M	$3.94k	+$53.6M
2		sUSDS USDT	$210M	$2.96k	+$42.7M
3		DOLA wstUSR	$40.1M	$21.6k	+$39.2M
...	...	...	...	...	...
-3		NUSD USDC	$17.3M	$1.76k	-$28.8M
-2		USDC USDT	$171M	$2.02k	-$44.7M
-1		ETH stETH	$12.2M	$1.22k	-$55.4M

TVL Winners & Losers

It's great to see Alchemix pools once again among the top gainers after their work over the past few years. Also, RAAC's pmUSD/iREET pool will be interesting to observe in the coming weeks, as it is one of Curve's new FXSwap pools, which also power newer FX pools like ZCHF/crvUSD and all YieldBasis pools.

📍	Chain	Pool	TVL	Change
1		pmUSD iREET	$7.11M	+$4.46M
2		alUSD frxUSD	$4.07M	+$2.41M
3		cbBTC WBTC LBTC	$9.35M	+$2.11M
...	...	...	...	...
-3		ETH stETH	$88.5M	-$4.88M
-2		PYUSD crvUSD	$43.1M	-$6.54M
-1		DOLA wstUSR	$5.8k	-$15.2M

Llamalend Winners & Losers

crvUSD Minting Markets - Borrowing Winners & Losers

crvUSD minting markets were very quiet overall. WBTC, WETH, and wstETH posted the only meaningful increases, while tBTC saw the largest reduction in borrowed crvUSD.

📍	Chain	Market	Collateral	Borrowed	Change
1		crvUSD WBTC	$22.3M	$10.3M	+$8k
2		crvUSD wstETH	$3.09M	$1.65M	+$2.92k
3		crvUSD cbBTC	$1.2M	$803k	+$1.1k
...	...	...	...	...	...
-3		crvUSD sfrxETH	$1.34M	$791k	-$49k
-2		crvUSD WETH	$3.03M	$1.96M	-$92.2k
-1		crvUSD tBTC	$5.18M	$3.37M	-$114k

Lend Markets - Borrowing Winners & Losers

A very positive week for lend markets, with few borrowers reducing positions. The third-largest decline was only $1.63k in loans.

📍	Chain	Market	Supplied	Borrowed	Change
1		crvUSD sfrxUSD	$10.5M	$7.91M	+$642k
2		crvUSD sreUSD	$39.2M	$19.6M	+$292k
3		crvUSD sUSDe	$3.1M	$1.37M	+$104k
...	...	...	...	...	...
-3		crvUSD ycvxCRV	$6.99k	$4.56k	-$1.63k
-2		crvUSD WETH	$1.05M	$745k	-$20.2k
-1		crvUSD WBTC	$2.95M	$2.31M	-$123k

Lend Markets - Supplying Winners & Losers

Supplied balances continued to concentrate in sreUSD and sfrxUSD markets, while sUSDe, sDOLA, and the WBTC market saw the largest liquidity reductions.

📍	Chain	Market	Supplied	Borrowed	Change
1		crvUSD sreUSD	$39.2M	$19.6M	+$2.22M
2		crvUSD sfrxUSD	$10.5M	$7.91M	+$1.2M
3		crvUSD CRV	$4.34M	$3.32M	+$33.8k
...	...	...	...	...	...
-3		crvUSD WBTC	$2.95M	$2.31M	-$236k
-2		crvUSD sDOLA	$1.14M	$58.5k	-$551k
-1		crvUSD sUSDe	$3.1M	$1.37M	-$730k

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.