Curve Best Yields & Key Metrics | Week 23, 2025
Market Overview
Risk appetite has declined across markets, leading to compressed yields and a slight 1.6% drop in Curve’s TVL, now at $2.34B. This decrease is primarily due to reduced crvUSD borrowing demand and a slight pullback in Llamalend TVL after ten consecutive weeks of growth.
Despite lower yields, Curve continues to offer some of the most attractive opportunities in DeFi. This weekly update highlights key metrics and standout yield opportunities across the ecosystem.
Top Yields
Top USD Stablecoin Yields
| Chain | Market | Type | Yield |
|---|---|---|---|
| Llamalend | 14.8% | ||
| Pool | 12.9% | ||
| Pool | 12.7% | ||
| Pool | 12.3% | ||
| Llamalend | 12.3% | ||
| Pool | 12.0% | ||
| Llamalend | 11.4% | ||
| Pool | 10.8% | ||
| Pool | 10.6% |
Top Major Asset Yields
| Chain | Pool | Asset | Yield |
|---|---|---|---|
| ETH | 7.3% | ||
| ETH | 6.6% | ||
| ETH | 6.4% | ||
| BTC | 3.4% | ||
| BTC | 2.5% | ||
| BTC | 2.0% |
Other Asset Yields
| Chain | Pool | Asset | Yield |
|---|---|---|---|
| CRV | 20.9% | ||
| CRV | 18.5% | TRICRYPTO | 13.3% |
| EUR | 3.9% |
Ecosystem Metrics
All changes (shown with + or -) represent the difference compared to values from one week ago.
CrvUSD & scrvUSD Performance
crvUSD supply increased this week, driven primarily by PegKeepers deploying part of their allocated reserves to push down the peg. Demand for crvUSD was strong, with the scrvUSD rate becoming especially attractive at 6.9%.
| Metric | Value | Change |
|---|---|---|
| $154M | +7.4% | |
| $128M | -0.7% | |
| $26.2M | +$11.5M | |
| 6.9% APY | +0.6% | |
| 37.9% | +9.2% | |
| $1.0000 | - | |
| 4.1% | -2.8% | |
| 767 | -14 | |
| $167k | +0.3% |
Pool Statistics
Nearly all pool metrics are positive this week, showing how Curve shines in volatility.
| Metric | Value | Change |
|---|---|---|
| 🔄 TVL | $1.95B | +0.2% |
| 🔄 Volume | $1.96B | +20.5% |
| 🔄 Swaps | $356k | -1.1% |
| 🔄 Total Fees | $342k | +8.2% |
Llamalend Performance
TVL finally decreased slightly after being up only for the past 10 weeks, but borrowers continue to be attracted to the low rates and safety Llamalend has to offer.
| Metric | Value | Change |
|---|---|---|
| 🦙 Lending TVL | $179M | -2.8% |
| 🦙 Supplied | $154M | -1.6% |
| 🦙 Borrowed | $102M | +1.6% |
| 🦙 Loans | 942 | +32 |
Notable Pool Activity
Highest Volume Pools
The usual suspects continued to be the highest volume pools.
| Chain | Pool | Volume | TVL |
|---|---|---|---|
| $365M | $182M | ||
| $178M | $4.8M | ||
| $131M | $54.2M | ||
| $99.5M | $50.6M |
Recently Launched Pools
There have been 14 new pools this week bringing in a total of over $12M TVL, the biggest 6 are highlighted below.
Highest Fee Generating Pools
| Chain | Pool | Fees | Volume |
|---|---|---|---|
| $29.2k | $365M | ||
| $21.3k | $13.4M | ||
| $13.3k | $3.4M | ||
| $13.0k | $131M | ||
| $11.5k | $28.8M |
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.