Curve Best Yields & Key Metrics | Week 4, 2026

Market Overview

The Crypto markets were down this week, however Curve held up well. The broader DeFi sector was down 6.7% while Curve declined 5.4%, bringing total TVL to $2.486B.

The big news of the week is that interest rates on crvUSD are about to get A LOT more smooth and stable, due to a interest rate formula update. This change will also make it cheaper to borrow against staked ETH assets (wstETH, sfrxETH, weETH).

As always, there's some juicy yields available on Curve for all types of yields. Take a look at the highlighted opportunities and weekly 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.

Premier crvUSD Pools

All highlighted markets below have more than $10M of TVL.

Chain	Market	TVL	Yield
	crvUSD sreUSD	$24.4M	5.7%
	reUSD scrvUSD	$13.4M	4.9%
	crvUSD sDOLA	$32.1M	4.6%
	USDC crvUSD	$33M	3.6%
	USDT crvUSD	$65.2M	3.5%

Other Top USD Yields

infiniFi's iUSD leads the week, with Origin Protocol's OUSD in close second. dTRINITY's recent launch of dUSD & sdUSD on Ethereum, after previously being available only on Sonic and Fraxtal, rounds out a strong set of USD-denominated yields.

Chain	Market	Type	Yield
	iUSD frxUSD	Pool	34.5%
	frxUSD OUSD	Pool	30.7%
	sdUSD sfrxUSD	Pool	29.9%
	pmUSD crvUSD	Pool	16.7%
	pmUSD frxUSD	Pool	16.3%
	frxUSD dUSD	Pool	14.3%
	USDp frxUSD	Pool	14.1%
	alUSD USDC	Pool	13.4%
	sdUSD sfrxUSD	Pool	10.8%

Top BTC & ETH Yields

Chain	Market	Asset	Yield
	WBTC cbBTC hemiBTC	BTC	11.7%
	OETH ARM-WETH-stETH	ETH	8.5%
	ETH cbETH	ETH	7.2%
	WETH pufETH	ETH	6.2%
	WBTC LBTC BTC.b	BTC	3.4%
	tBTC cbBTC	BTC	0.6%

Mixed Top Yields

Chain	Market	Asset	Yield
	CRV crvUSD	CRV	11.3%
	CRV sdCRV	CRV	11.0%
	EURe WXDAI USDC USDT	FOREX	7.5%
	crvUSD CJPY	FOREX	6.0%
	GHO cbBTC WETH	TRICRYPTO	5.3%
	crvUSD ZCHF	FOREX	4.6%
	EURA EURC	EUR	4.5%
	EURA EURe	EUR	0.3%

Weekly Metrics

crvUSD & scrvUSD

Borrowing rates and total minted crvUSD remained relatively stable this week despite the broader market downturn. With the upcoming interest rate formula change borrowing costs are expected to become even smoother, more predictable, and less volatile.

Metric	Value	Change
crvUSD Minted	$90.6M	-1.9%
scrvUSD Yield	2.1%	-0.4%
crvUSD inscrvUSD	19.9%	-0.4%
crvUSD Price	$0.9996	-$0.0004
Avg. Borrow Rate	2.8%	-0.3%
Peg Stability Reserves	$38.2M	+$2.46M
PegKeeper Profit	$2.96k	+$2.96k

Llamalend

Llamalend metrics held up well overall. The decline in TVL was primarily driven by lower collateral values rather than large withdrawals. Borrowers appeared more conservative across markets, and as a result, total borrowed amounts declined only slightly while the number of active loans increased.

DEX

DEX activity had a strong week, with swap volumes up 34% and total fees paid by swappers increasing by nearly 50%.

DAO

DAO metrics remained steady this week. While CRV prices fell toward the end of the week, emissions did not drop significantly since they are based on the weekly average price. veCRV holders also received a higher distribution compared to the prior week.

Metric	Value	Change
CRV Circ. Supply	1.47B	+0.2%
CRV Locked	856M	-
Total veCRV	792M	+0.1%
veCRV Distribution	$123k	+9.2%
CRV Emissions	$901k (2.22M CRV)	-1.0%
Inflation Rate	4.931%	-0.005%

Top Stableswap Pools

Due to an oracle misconfiguration, the DUSD/USDC pool was exploited this week. This resulted in unusually high volumes, with over $276M traded through the linked MIM pool.

📍	🔄	Chain	Pool	Volume	Fees
1	+214		MIM DAI USDC USDT	$276.8M	$110.7k
2	-		PYUSD USDS	$196.2M	$2.1k
3	-2		sUSDS USDT	$183.3M	$2.8k
4	-1		DAI USDC USDT	$127.8M	$19.2k
5	-1		USDC USDT	$88.2M	$1.2k
6	+17		ETH stETH	$74.9M	$7.5k
7	-1		USDT crvUSD	$71.2M	$7.1k
8	+3		USDC USDtb	$53.5M	$7.0k
9	-2		USDC crvUSD	$52.7M	$5.3k
10	-2		WETH weETH	$52.3M	$3.0k

Top Cryptoswap Pools

Cryptoswap pools saw some reshuffling this week. The CRV Tricrypto pool moved up several positions, while the cbETH/WETH pool on Base entered the top six. Notably, cbETH/WETH works a Cryptoswap pool despite these assets also being compatible with the newer Stableswap pool design.

📍	🔄	Chain	Pool	Volume	Fees
1	-		USDC WBTC WETH	$17.5M	$9.3k
2	+2		crvUSD WETH CRV	$12.6M	$7.7k
3	-1		USDT WBTC WETH	$12.1M	$18.5k
4	-1		USDT WBTC WETH	$9.9M	$6.5k
5	+33		WETH cbETH	$5.6M	$1.7k
6	+1		WETH CVX	$4.1M	$14.6k

DEX Winners & Losers

Fees Winners & Losers

As an unfortunate result of the DUSD/USDC exploit, the linked MIM pool recorded the largest increase in fees for the week, with DUSD/USDC ranking second.

📍	Chain	Pool	Volume	Fees	Change
1		MIM DAI USDC USDT	$277M	$111k	+$111k
2		USDC DUSD	$48.8M	$48.2k	+$48.2k
3		WETH CVX	$4.14M	$14.6k	+$9.21k
...	...	...	...	...	...
-3		USDS stUSDS	$203k	$209	-$2.44k
-2		WETH T	$151k	$492	-$2.47k
-1		USDC RLUSD	$27.5M	$5.59k	-$8.52k

Volume Winners & Losers

The MIM pool also led the week in added volume due to the exploit. On a more positive note, the ETH/stETH pool continues to regain traction as the Ethereum staking exit queue has increased to 48 days.

📍	Chain	Pool	Volume	Fees	Change
1		MIM DAI USDC USDT	$277M	$111k	+$277M
2		ETH stETH	$74.9M	$7.49k	+$67.1M
3		PYUSD USDS	$196M	$2.06k	+$59.3M
...	...	...	...	...	...
-3		NUSD USDC	$12.3M	$1.25k	-$17.5M
-2		PYUSD USDC	$4.28M	$444	-$19.2M
-1		USDC RLUSD	$27.5M	$5.59k	-$39.1M

TVL Winners & Losers

Driven by elevated incentives, the WETH/cbETH pool added the most TVL this week. pmUSD pools also saw notable inflows.

📍	Chain	Pool	TVL	Change
1		WETH cbETH	$21.8M	+$15.7M
2		pmUSD frxUSD	$7.29M	+$1.94M
3		pmUSD crvUSD	$7.74M	+$1.7M
...	...	...	...	...
-3		USDC DUSD	$1.18M	-$15.4M
-2		ETH stETH	$133M	-$15.9M
-1		crvUSD cbBTC	$205M	-$16.1M

Llamalend Winners & Losers

crvUSD Minting Markets - Borrowing Winners & Losers

The cbBTC market saw strong demand this week, suggesting a rotation of capital from WBTC into cbBTC.

📍	Chain	Market	Collateral	Borrowed	Change
1		crvUSD cbBTC	$8.18M	$5.86M	+$3.47M
2		crvUSD sfrxETH	$6.1M	$4.26M	+$146k
3		crvUSD tBTC	$10.8M	$7.16M	+$77.8k
...	...	...	...	...	...
-3		crvUSD weETH	$274k	$155k	-$999k
-2		crvUSD WETH	$32.4M	$20.1M	-$1.13M
-1		crvUSD WBTC	$76.1M	$43.7M	-$3.18M

Lend Markets - Borrowing Winners & Losers

Most lending markets remained relatively stable through the week, though some outflows were observed, primarily from staked stablecoin markets.

📍	Chain	Market	Supplied	Borrowed	Change
1		crvUSD sDOLA	$32.1M	$26.9M	+$29.8k
2		crvUSD CRV	$4.33M	$3.39M	+$17.9k
3		crvUSD WBTC	$851k	$718k	+$2.26k
...	...	...	...	...	...
-3		crvUSD sreUSD	$24.4M	$19.2M	-$349k
-2		crvUSD sfrxUSD	$5.4M	$4.68M	-$672k
-1		crvUSD fxSAVE	$6.91M	$6.54M	-$1.09M

Lend Markets - Supplying Winners & Losers

sreUSD stood out this week, with increased supplied amounts alongside a slight decrease in borrowing.

📍	Chain	Market	Supplied	Borrowed	Change
1		crvUSD sreUSD	$24.4M	$19.2M	+$1.23M
2		crvUSD CRV	$4.33M	$3.39M	+$159k
3		crvUSD WBTC	$851k	$718k	+$52k
...	...	...	...	...	...
-3		crvUSD sDOLA	$32.1M	$26.9M	-$527k
-2		crvUSD sfrxUSD	$5.4M	$4.68M	-$750k
-1		crvUSD fxSAVE	$6.91M	$6.54M	-$1.14M

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.