Curve Best Yields & Key Metrics | Week 3, 2026

Market Overview

Welcome to another week of yields and metrics!

It’s been a stabilizing but productive week for Curve, with TVL up 2.0% to $2.628B. The crvUSD minted supply also increased, alongside several other key metrics.

See all the highlighted yield opportunities and 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
	crvUSD sDOLA	$32.6M	4.7%
	reUSD scrvUSD	$13.4M	4.4%
	crvUSD sreUSD	$23.1M	4.1%
	frxUSD crvUSD	$37.9M	3.7%
	USDC crvUSD	$39.1M	3.7%

Other Top USD Yields

RAAC's pmUSD has dominated the USD yields for the second week in a row.

Chain	Market	Type	Yield
	pmUSD frxUSD	Pool	25.4%
	pmUSD crvUSD	Pool	24.2%
	alUSD USDC	Pool	17.0%
	USDp frxUSD	Pool	16.4%
	crvUSD WBTC	Llamalend	13.0%
	miMATIC USDC.e	Pool	12.2%
	frxUSD dUSD	Pool	10.8%
	crvUSD CRV	Llamalend	10.6%
	crvUSD asdCRV	Llamalend	9.1%

Top BTC & ETH Yields

Once again there's some great yield available in BTC Stableswap pools. But the winner this week is the ETH/cbETH pool on Base.

Chain	Market	Asset	Yield
	ETH cbETH	ETH	24.0%
	WBTC cbBTC hemiBTC	BTC	13.3%
	OETH ARM-WETH-stETH	ETH	7.0%
	WETH pufETH	ETH	7.0%
	uniBTC brBTC	BTC	5.8%
	WBTC LBTC BTC.b	BTC	4.8%

Other Top Yields

Chain	Market	Asset	Yield
	CRV crvUSD	CRV	11.3%
	CRV yCRV	CRV	10.3%
	EURe WXDAI USDC USDT	FOREX	8.6%
	crvUSD CJPY	FOREX	6.4%
	GHO cbBTC WETH	TRICRYPTO	6.0%
	crvUSD ZCHF	FOREX	5.1%
	EURA EURC	EUR	3.9%

Weekly Metrics

crvUSD & scrvUSD

The crvUSD minted supply increased again this week, reaching $92.3M. Borrow rates rose slightly as PegKeepers withdrew a portion of deployed Stability Reserves, which helped support the crvUSD price and keep it firmly at the $1 level.

Metric	Value	Change
crvUSD Minted	$92.3M	+1.1%
scrvUSD Yield	2.5%	+0.6%
crvUSD inscrvUSD	20.3%	-1.7%
crvUSD Price	$1.0	+$0.0007
Avg. Borrow Rate	3.1%	+0.3%
Peg Stability Reserves	$35.7M	-$3.49M
PegKeeper Profit	$0	-$3.4k

Llamalend

The value of collateral in Llamalend increased as ETH and BTC had a strong week. At the same time, the number of loans and the total value borrowed remained largely steady over the week.

DEX

DEX activity was mixed this week. While total volume declined, swap counts and fees increased, and DEX TVL continued to rise, indicating steady liquidity and active usage despite smaller average trade sizes.

DAO

DAO metrics were stable this week, with veCRV distribution to holders continuing its upward trend.

Metric	Value	Change
CRV Circ. Supply	1.47B	+0.3%
CRV Locked	856M	-0.3%
Total veCRV	791M	-
veCRV Distribution	$112k	+13.2%
CRV Emissions	$911k (2.22M CRV)	-0.2%
Inflation Rate	4.936%	-0.005%

Top Stableswap Pools

USDS pools win the week again, however it was a great week for the DAI/USDC/USDT pool, with it generating $19k fees all flowing to the DAO.

📍	🔄	Chain	Pool	Volume	Fees
1	+1		sUSDS USDT	$177.7M	$2.8k
2	-1		PYUSD USDS	$136.9M	$1.4k
3	-		DAI USDC USDT	$126.6M	$19.0k
4	-		USDC USDT	$69.6M	$1.0k
5	+1		USDC RLUSD	$66.6M	$14.1k
6	-1		USDT crvUSD	$59.2M	$5.9k
7	+1		USDC crvUSD	$34.3M	$3.4k
8	+1		WETH weETH	$30.4M	$1.6k
9	-2		NUSD USDC	$29.8M	$3.1k
10	+1		PYUSD USDC	$23.5M	$2.4k

Top Cryptoswap Pools

The top Cryptoswap pools were largely unchanged this week. One notable exception was YieldBasis’s new WETH/crvUSD pool, which stood out with strong fee generation relative to volume.

📍	🔄	Chain	Pool	Volume	Fees
1	+1		USDC WBTC WETH	$18.4M	$9.4k
2	-1		USDT WBTC WETH	$15.5M	$19.9k
3	-		USDT WBTC WETH	$14.0M	$7.2k
4	+6		crvUSD WETH	$11.8M	$63.7k
5	-1		crvUSD WETH CRV	$11.6M	$5.9k
6	+1		ETH+ eUSD RSR	$1.9M	$1.4k

DEX Winners & Losers

Fees Winners & Losers

The new YieldBasis WETH/crvUSD pool appears again in the fees table this week. While its fees accrue to YieldBasis rather than Curve directly, the pool highlights the capital efficiency of the new FXSwap design under real trading conditions. The pool will be removed from this section next week.

📍	Chain	Pool	Volume	Fees	Change
1		crvUSD WETH	$11.8M	$63.7k	+$61.6k
2		USDS stUSDS	$2.57M	$2.65k	+$2.43k
3		msETH WETH	$11.4M	$4.56k	+$2.36k
...	...	...	...	...	...
-3		PYUSD USDS	$137M	$1.43k	-$2.93k
-2		frxETH CVX	$439k	$1.45k	-$7.52k
-1		WETH CVX	$1.68M	$5.4k	-$26.1k

Volume Winners & Losers

Ethena’s USDtb stablecoin led the week in volume growth, more than doubling its weekly trading activity. PYUSD/USDS recorded the largest decline week over week, though volumes remained elevated at $137M, with the drop reflecting a pullback from an unusually strong prior week rather than weak underlying activity.

📍	Chain	Pool	Volume	Fees	Change
1		USDC USDtb	$21.8M	$2.27k	+$13.6M
2		crvUSD WETH	$11.8M	$63.7k	+$11.3M
3		USDG USDC	$11.5M	$1.16k	+$9.96M
...	...	...	...	...	...
-3		sUSDS USDT	$178M	$2.76k	-$25.2M
-2		NUSD USDC	$29.8M	$3.05k	-$26.4M
-1		PYUSD USDS	$137M	$1.43k	-$267M

TVL Winners & Losers

TVL increases among the top gainers were driven primarily by higher BTC and ETH prices. Whereas decreases were mainly driven by reduced incentives.

📍	Chain	Pool	TVL	Change
1		crvUSD cbBTC	$221M	+$11.2M
2		ETH stETH	$149M	+$10.3M
3		crvUSD tBTC	$109M	+$7.3M
...	...	...	...	...
-3		WBTC LBTC BTC.b	$5.12M	-$4.71M
-2		USDC RLUSD	$73.9M	-$8.82M
-1		scBTC sWBTC_ar	$647	-$9.95M

Llamalend Winners & Losers

crvUSD Minting Markets - Borrowing Winners & Losers

ETH-backed markets led borrowing activity this week, with total crvUSD minted increasing by over $1M.

📍	Chain	Market	Collateral	Borrowed	Change
1		crvUSD WETH	$38.5M	$21.3M	+$1.05M
2		crvUSD wstETH	$18.2M	$8.92M	+$275k
3		crvUSD LBTC	$618k	$351k	+$100k
...	...	...	...	...	...
-3		crvUSD WBTC	$87.3M	$46.9M	-$52.7k
-2		crvUSD sfrxETH	$6.85M	$4.11M	-$88.6k
-1		crvUSD tBTC	$11.3M	$7.08M	-$275k

Lend Markets - Borrowing Winners & Losers

sreUSD recorded a strong week for borrowing, with crvUSD borrowed increasing by over 8%. In contrast, several other stablecoin markets saw outflows as yields compressed and leveraged yield opportunities became less attractive.

📍	Chain	Market	Supplied	Borrowed	Change
1		crvUSD sreUSD	$23.1M	$19.5M	+$1.52M
2		crvUSD WBTC	$731k	$408k	+$30.3k
3		crvUSD sUSDe	$3.07M	$2.77M	+$27.6k
...	...	...	...	...	...
-3		crvUSD sDOLA	$32.6M	$26.8M	-$641k
-2		crvUSD fxSAVE	$8.06M	$7.63M	-$1.11M
-1		crvUSD sfrxUSD	$6.15M	$5.36M	-$1.17M

Lend Markets - Supplying Winners & Losers

sreUSD also led in supplied crvUSD this week, posting an increase of over 8%. Notably, despite a decline in borrowing, the sDOLA market saw an increase in supplied crvUSD, indicating more suppliers are chasing the smaller available yields across DeFi.

📍	Chain	Market	Supplied	Borrowed	Change
1		crvUSD sreUSD	$23.1M	$19.5M	+$1.82M
2		crvUSD sDOLA	$32.6M	$26.8M	+$393k
3		crvUSD sUSDe	$3.07M	$2.77M	+$33.4k
...	...	...	...	...	...
-3		crvUSD wstETH	$666k	$534k	-$138k
-2		crvUSD sfrxUSD	$6.15M	$5.36M	-$884k
-1		crvUSD fxSAVE	$8.06M	$7.63M	-$1.3M

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.