Curve Best Yields & Key Metrics | Week 19, 2026

Market Overview

Welcome to another week of yields & metrics for Curve.

• Total TVL has increased to $2.054B, up 1.6%
• Minted crvUSD supply continues to increase, now up to $64.9M.
• The CRV LlamaLend Recovery pool increased in utilization this week, reaching $141k TVL with over 3% of all vault tokens now deposited in the pool. Read Building recovery in public and building stronger systems next for more information on how the system works.

As always, see all the highlighted opportunities and 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.

Top USD Yields

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

Chain	Market	Type	Yield
	frxUSD USP	Pool	>100%
	crvUSD frxUSD	Pool	27.9%
	evaUSDC avUSD	Pool	18.2%
	sdUSD frxUSD	Pool	17.2%
	frxUSD sUSDat	Pool	15.9%
	frxUSD savUSD	Pool	14.3%
	frxUSD sDOLA	Pool	13.2%
	scrvUSD sDOLA	Pool	10.7%

Top BTC & ETH Yields

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

Chain	Market	Asset	Yield
	ynETHx WETH	ETH	7.4%
	msETH WETH	ETH	5.9%
	msETH OETH	ETH	5.5%
	cbBTC WBTC LBTC	BTC	2.8%
	eBTC WBTC	BTC	1.2%
	cbBTC tBTC WBTC	BTC	1.1%

Other Top Yields

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

Chain	Market	Asset	Yield
	CRV sdCRV	CRV	11.9%
	CRV vsdCRV asdCRV	CRV	11.6%
	crvUSD CJPY	FOREX	5.6%
	crvUSD ZCHF	FOREX	5.4%
	EURe WXDAI USDC USDT	FOREX	4.9%
	crvUSD tBTC WETH	TRICRYPTO	3.2%
	XAUt PAXG	GOLD	0.6%

Weekly Metrics

crvUSD & scrvUSD

crvUSD metrics have continued to strengthen. Minted crvUSD supply once again increased, now approaching $65M. The crvUSD share within scrvUSD also continued to decline, meaning a larger share of crvUSD minting fees flowed to veCRV holders and the treasury.

Metric	Value	Change
crvUSD Minted	$64.9M	+5.9%
scrvUSD Yield	0.6%	+0.4%
crvUSD inscrvUSD	31.9%	-6.1%
crvUSD Price	$1.0	+$0.0002
Avg. Borrow Rate	1.2%	+0.4%
Peg Stability Reserves	$70.8M	+$5.86M
PegKeeper Profit	$4.51k	-$4.85k

Llamalend

Llamalend also continued to strengthen this week, with all major metrics positive, largely driven by crvUSD minting markets.

DEX

Curve's DEX had a strong week, with all metrics positive.

DAO

The DAO saw a lower than usual distribution, but positively, users lengthened their CRV locks, and the CRV price and weekly emissions value increased.

Metric	Value	Change
CRV Circ. Supply	1.51B	+0.2%
CRV Locked	856M	-
Total veCRV	789M	+0.9%
veCRV Distribution	$64.5k	-47.7%
veCRV APR	1.746%	-1.777%
CRV Emissions	$525k (2.22M CRV)	+4.5%
Inflation Rate	4.862%	-0.005%

Top Stableswap Pools

USDS pools saw huge volumes, almost hitting the $1B of volume over a single week! stETH also saw significantly higher demand than usual, though there did not appear to be any obvious negative driver behind the increase.

📍	🔄	Chain	Pool	Volume	Fees
1	-		sUSDS USDT	$735.9M	$10.1k
2	+1		PYUSD USDS	$202.9M	$2.4k
3	+5		ETH stETH	$183.0M	$14.6k
4	-2		USDC USDT	$123.4M	$1.3k
5	-1		USDC crvUSD	$60.6M	$6.1k
6	-		DAI USDC USDT	$57.0M	$8.6k
7	-2		ETH stETH	$39.1M	$3.9k
8	+1		USDT crvUSD	$37.1M	$3.7k
9	-2		USDC RLUSD	$37.0M	$7.6k
10	+3		USDC USDat	$24.8M	$2.5k

Top Cryptoswap Pools

The usual Cryptoswap pools continued their dominance in terms of volumes.

📍	🔄	Chain	Pool	Volume	Fees
1	-		USDC WBTC WETH	$10.1M	$4.7k
2	-		USDT WBTC WETH	$8.7M	$4.4k
3	-		USDT WBTC WETH	$5.0M	$8.2k
4	-		crvUSD WETH CRV	$3.0M	$2.0k
5	-		EURe WXDAI USDC USDT	$2.4M	$795.4
6	+1		ETH+ eUSD RSR	$1.3M	$1.2k

Gauge Winners & Losers

It was an off voting week for Convex but we interestingly still saw large gauge changes. This is possible because anyone with veCRV can change their vote once every 10 days.

📍	Chain	Pool	TVL	CRV Emissions	Change
1		crvUSD cvcrvUSD	$149k	9.92k	+9.92k
2		ETH stETH	$25.7M	5.85k	+5.68k
3		frxUSD msUSD	$10.1M	128k	+3.11k
...	...	...	...	...	...
-3		USDC crvUSD	$58.5M	96.2k	-1.27k
-2		pmUSD crvUSD	$7.09M	259k	-2.27k
-1		pmUSD frxUSD	$6.51M	222k	-3.59k

DEX Winners & Losers

Fees Winners & Losers

stETH pools both won and lost the week for Fees. This is possible because there are 2 pools. The larger ($97M), but less efficient and older pool lost the week. The smaller ($25M) but more efficient New Generation stETH pool (stETH-ng) was the strongest performer.

📍	Chain	Pool	Volume	Fees	Change
1		ETH stETH	$183M	$14.6k	+$12.4k
2		apyUSD apxUSD	$5.55M	$11.1k	+$7.69k
3		pmUSD crvUSD	$8.85M	$4.39k	+$3.84k
...	...	...	...	...	...
-3		ETH+ WETH	$1.31M	$303	-$3.48k
-2		USDC crvUSD	$60.6M	$6.06k	-$3.96k
-1		ETH stETH	$39.1M	$3.91k	-$6.07k

Volume Winners & Losers

The stETH dynamic seen in fee generation also happened in volumes. However, the sUSDS pool won the week, almost doubling it's volume to a huge $736M.

📍	Chain	Pool	Volume	Fees	Change
1		sUSDS USDT	$736M	$10.1k	+$380M
2		ETH stETH	$183M	$14.6k	+$155M
3		PYUSD USDS	$203M	$2.41k	+$21.5M
...	...	...	...	...	...
-3		USDC crvUSD	$60.6M	$6.06k	-$39.6M
-2		ETH stETH	$39.1M	$3.91k	-$60.7M
-1		USDC USDT	$123M	$1.34k	-$77.4M

TVL Winners & Losers

PegKeeper movements affected many crvUSD pools this week, however the PYUSD crvUSD pool lost as liquidity incentives dried up.

The pmUSD/crvUSD pool had a difficult week, with a bank run causing the pool to lose peg stability and TVL after the redeemability of backing collateral was questioned.

📍	Chain	Pool	TVL	Change
1		USDT crvUSD	$44.8M	+$20.9M
2		PYUSD USDC	$55.6M	+$9.19M
3		apyUSD apxUSD	$14.9M	+$7.97M
...	...	...	...	...
-3		pmUSD crvUSD	$7.09M	-$7.68M
-2		USDC crvUSD	$58.5M	-$8.58M
-1		PYUSD crvUSD	$21.8M	-$21.2M

Llamalend Winners & Losers

crvUSD Minting Markets - Borrowing Winners & Losers

All markets saw positive increases this week, with wstETH leading.

📍	Chain	Market	Collateral	Borrowed	Change
1		crvUSD wstETH	$35.3M	$20.9M	+$1.55M
2		crvUSD cbBTC	$4.96M	$3.33M	+$767k
3		crvUSD WBTC	$51.2M	$22.1M	+$655k
...	...	...	...	...	...
-3		crvUSD weETH	$14.1M	$10.2M	+$14.4k
-2		crvUSD sfrxETH	$373k	$153k	+$39.7
-1		crvUSD LBTC	$3.39	$1.04	+$0.00268

Lend Markets - Borrowing Winners & Losers

There are not many positive inflows to lend markets as stablecoin yields are suppressed and minting markets are so cheap to borrow from currently.

📍	Chain	Market	Supplied	Borrowed	Change
1		crvUSD sfrxUSD	$16.3M	$12.3M	+$1.11M
2		crvUSD WBTC	$333k	$199k	+$7.19k
3		crvUSD asdCRV	$773k	$406k	+$3.96k
...	...	...	...	...	...
-3		crvUSD fxSAVE	$331k	$239k	-$80.6k
-2		crvUSD WETH	$812k	$486k	-$93.9k
-1		crvUSD WBTC	$3.65M	$2.47M	-$127k

Lend Markets - Supplying Winners & Losers

sfrxUSD won the week for supplying and borrowing, with sreUSD close in second.

📍	Chain	Market	Supplied	Borrowed	Change
1		crvUSD sfrxUSD	$16.3M	$12.3M	+$716k
2		crvUSD sreUSD	$29.5M	$19.1M	+$597k
3		crvUSD WETH	$439k	$238k	+$41.3k
...	...	...	...	...	...
-3		crvUSD wstETH	$924k	$687k	-$41.6k
-2		crvUSD fxSAVE	$331k	$239k	-$43k
-1		crvUSD WETH	$812k	$486k	-$237k

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.