Curve Best Yields & Key Metrics | Week 17, 2026

Market Overview

It’s been a hard week for the industry, with the LayerZero hack affecting KelpDAO’s rsETH reverberating throughout DeFi. Fortunately, Curve has fared well, with TVL down only 1.9% to $2.05B. crvUSD also held up exceptionally well, with minted supply increasing by 41% while staying firmly on peg.

This is a good time for reflection, to harden security, and reevaluate all trust assumptions. For this reason, the DAO is currently voting on whether to remove Aave's GHO stablecoin from the PegKeepers, and sunset select Llamalend markets (as best the DAO can).

As always, see all highlighted opportunities and weekly metrics, available 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	$13.6M	11.4%
	USDT crvUSD	$14M	4.1%
	frxUSD crvUSD	$18.3M	3.9%
	USDC crvUSD	$154M	3.2%
	crvUSD sfrxUSD	$15.7M	2.1%

Other Top USD Yields

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

Chain	Market	Type	Yield
	USDC sJUSD	Pool	20.4%
	ynRWAx USDC	Pool	17.1%
	ynRWAx OUSD	Pool	15.1%
	crvUSD sfrxUSD	Llamalend	14.9%
	ynRWAx ynUSDx	Pool	14.8%
	sdUSD frxUSD	Pool	14.3%
	BOLD LUSD	Pool	12.7%
	USD3 sUSDe	Pool	12.7%

Top BTC & ETH Yields

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

Chain	Market	Asset	Yield
	alETH WETH	ETH	9.6%
	WETH weETH	ETH	6.4%
	OETH ARM-WETH-stETH	ETH	5.6%
	cbBTC WBTC LBTC	BTC	2.4%
	WBTC cbBTC hemiBTC	BTC	1.2%
	tBTC cbBTC	BTC	1.0%

Other Top Yields

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

Chain	Market	Asset	Yield
	CRV vsdCRV asdCRV	CRV	10.6%
	CRV yCRV	CRV	9.8%
	EURe WXDAI USDC USDT	FOREX	5.0%
	crvUSD ZCHF	FOREX	4.5%
	crvUSD CJPY	FOREX	4.5%
	crvUSD tBTC WETH	TRICRYPTO	3.3%
	XAUt PAXG	GOLD	0.4%

Weekly Metrics

crvUSD & scrvUSD

crvUSD minted supply increased massively, up 41%. As BTC and ETH rose through the week, the YieldBasis pools also absorbed more crvUSD, putting upward pressure on the peg, sucking crvUSD from scrvUSD, and causing PegKeepers to deploy and the DAO to profit handsomely.

Metric	Value	Change
crvUSD Minted	$27M	+41.1%
scrvUSD Yield	1.2%	-1.9%
crvUSD inscrvUSD	93.2%	-58.1%
crvUSD Price	$1.0	-
Avg. Borrow Rate	0.6%	-2.7%
Peg Stability Reserves	$146M	+$108M
PegKeeper Profit	$7.63k	+$6.54k

Llamalend

Llamalend saw with large inflows, possibly as users came over from other platforms to take advantage of the low rates available.

DEX

Curve's DEX saw a huge increase in volume and fees due to market turbulence.

DAO

DAO members saw a positive real yield, with veCRV APR above the CRV inflation rate.

Metric	Value	Change
CRV Circ. Supply	1.51B	+0.4%
CRV Locked	856M	-
Total veCRV	780M	-0.2%
veCRV Distribution	$174k	+122.8%
veCRV APR	5.256%	+2.922%
CRV Emissions	$513k (2.22M CRV)	+6.3%
Inflation Rate	4.871%	-0.005%

Top Stableswap Pools

stETH saw huge fees this week as pressure from the rsETH hack reverberated through ETH derivatives.

📍	🔄	Chain	Pool	Volume	Fees
1	-		PYUSD USDS	$702.4M	$7.7k
2	+20		ETH stETH	$669.4M	$66.9k
3	+1		sUSDS USDT	$442.6M	$10.6k
4	+2		USDC RLUSD	$420.7M	$92.8k
5	-2		PYUSD USDC	$227.8M	$25.1k
6	-1		USDC crvUSD	$221.6M	$22.2k
7	+7		USDC USDtb	$189.2M	$19.4k
8	+22		ETH stETH	$175.8M	$14.1k
9	-7		DAI USDC USDT	$116.4M	$17.5k
10	-3		USDC USDT	$106.8M	$1.8k

Top Cryptoswap Pools

stETH was also in demand within Cryptoswap pools through its wrapped-stETH token.

📍	🔄	Chain	Pool	Volume	Fees
1	-		USDT WBTC WETH	$17.2M	$8.4k
2	-		USDC WBTC WETH	$16.1M	$7.8k
3	+1		USDT WBTC WETH	$11.0M	$13.8k
4	+32		wstETH rETH sfrxETH	$5.3M	$2.1k
5	-2		crvUSD WETH CRV	$5.1M	$3.3k
6	-1		EURe WXDAI USDC USDT	$3.5M	$1.2k

Gauge Winners & Losers

It’s an off week for Convex, so gauge changes were very small across the board.

📍	Chain	Pool	TVL	CRV Emissions	Change
1		OETH WETH	$66.7M	66.6k	+156
2		WBTC cbBTC hemiBTC	$10.2M	21.4k	+46.2
3		frxUSD msUSD	$8.42M	123k	+38.3
...	...	...	...	...	...
-3		pmUSD frxUSD	$12.1M	230k	-356
-2		MIM DAI USDC USDT	$11.3M	36.3k	-375
-1		pmUSD crvUSD	$13.6M	258k	-425

DEX Winners & Losers

Fees Winners & Losers

RLUSD, stETH, and USDtb all saw a huge increase in demand, while USDC/USDT/DAI liquidity was less in demand than usual.

📍	Chain	Pool	Volume	Fees	Change
1		USDC RLUSD	$421M	$92.8k	+$80.9k
2		ETH stETH	$669M	$66.9k	+$66.3k
3		USDC USDtb	$189M	$19.4k	+$17.5k
...	...	...	...	...	...
-3		frxUSD msUSD	$1.81M	$751	-$1.31k
-2		msETH WETH	$3.42M	$1.37k	-$1.39k
-1		DAI USDC USDT	$116M	$17.5k	-$10.4k

Volume Winners & Losers

stETH was also the biggest winner for volume increase, rising roughly 100x compared to last week.

📍	Chain	Pool	Volume	Fees	Change
1		ETH stETH	$669M	$66.9k	+$663M
2		PYUSD USDS	$702M	$7.73k	+$437M
3		sUSDS USDT	$443M	$10.6k	+$368M
...	...	...	...	...	...
-3		USDG USDC	$34.5M	$3.52k	-$3.64M
-2		WETH weETH	$39.2M	$4.91k	-$13.9M
-1		DAI USDC USDT	$116M	$17.5k	-$69.5M

TVL Winners & Losers

The USDC/crvUSD pool was the TVL winner, as PegKeepers deployed reserves. YieldBasis pools also saw reductions in TVL as their pools finally returned to balance.

📍	Chain	Pool	TVL	Change
1		USDC crvUSD	$154M	+$96.4M
2		USAT USDT	$10M	+$10M
3		PYUSD crvUSD	$48.8M	+$6.09M
...	...	...	...	...
-3		crvUSD tBTC	$67.3M	-$23.2M
-2		crvUSD cbBTC	$151M	-$26.1M
-1		USDC RLUSD	$62.7M	-$28M

Llamalend Winners & Losers

crvUSD Minting Markets - Borrowing Winners & Losers

All crvUSD markets saw inflows, with the wstETH market seeing the largest borrowing increase.

📍	Chain	Market	Collateral	Borrowed	Change
1		crvUSD wstETH	$12M	$5.8M	+$4.06M
2		crvUSD WBTC	$31.1M	$12.7M	+$2.24M
3		crvUSD tBTC	$7.65M	$4.67M	+$1.15M
...	...	...	...	...	...
-3		crvUSD weETH	$347k	$147k	+$2.64k
-2		crvUSD sfrxETH	$371k	$153k	+$6.65
-1		crvUSD LBTC	$3.24	$1.04	+$0.00258

Lend Markets - Borrowing Winners & Losers

sfrxUSD saw the biggest increase, but notably there were no substantial decreases in borrowing across any market.

📍	Chain	Market	Supplied	Borrowed	Change
1		crvUSD sfrxUSD	$15.7M	$11.9M	+$2.17M
2		crvUSD sreUSD	$29.2M	$19.1M	+$1.11M
3		crvUSD sUSDe	$2.79M	$1.93M	+$323k
...	...	...	...	...	...
-3		crvUSD ynETH	$24.5k	$2.57k	-$6.09k
-2		crvUSD wstETH	$1.03M	$795k	-$72.7k
-1		crvUSD CRV	$3.26M	$3.26M	-$101k

Lend Markets - Supplying Winners & Losers

There appears to have been a large shift in lending markets this week, with crvUSD suppliers moving from sreUSD to sfrxUSD, while many exited the CRV/crvUSD market as voting continues on whether it should be sunset.

📍	Chain	Market	Supplied	Borrowed	Change
1		crvUSD sfrxUSD	$15.7M	$11.9M	+$2.55M
2		crvUSD WETH	$445k	$244k	+$31.4k
3		crvUSD fxSAVE	$373k	$320k	+$28.1k
...	...	...	...	...	...
-3		crvUSD wstETH	$1.03M	$795k	-$125k
-2		crvUSD CRV	$3.26M	$3.26M	-$920k
-1		crvUSD sreUSD	$29.2M	$19.1M	-$2.61M

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.