Curve Best Yields & Key Metrics | Week 7, 2026

Weekly yield and Curve ecosystem metric updates as of the 12th February, 2026

Curve Best Yields & Key Metrics | Week 7, 2026
Top Yields: 1st. ynRWAx/OUSD Pool on Ethereum with 41.4% Yield, 2nd. ynRWAx/ynUSDx Pool on Ethereum with 34.2% Yield, Standout: PYUSD/crvUSD Pool on Ethereum with 15.5% Yield

Market Overview

Welcome to another week of yields. Curve's total TVL has decreased slightly this week, down 0.7% to $2.039B.

Many new changes are on the way for crvUSD after recent volatility tested the crvUSD peg. See a list of the changes in LlamaRisk's recent thread. It's a great time to buy and supply to the crvUSD pools and scrvUSD, with the PegKeeper PYUSD/crvUSD pool offering a huge 16.1% yield, and even the scrvUSD vault offering over 8% interest.

As always, see all the highlighted yields 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
PYUSD
crvUSD
$49.2M 15.5%
pmUSD
crvUSD
$11.7M 13.9%
scrvUSD
$43.8M 8.1%
reUSD
scrvUSD
$10.2M 5.8%
USDT
crvUSD
$18.9M 4.4%

Other Top USD Yields

All yields have been calculated as if markets have at least $100k TVL.

Chain Market Type Yield
ynRWAx
OUSD
Pool 41.4%
ynRWAx
ynUSDx
Pool 34.2%
ynRWAx
USDC
Pool 24.8%
OUSD
MUSD
Pool 20.2%
pmUSD
frxUSD
Pool 16.9%
crvUSD
fxSAVE
Llamalend 16.0%
crvUSD
asdCRV
Llamalend 16.0%
USD3
scrvUSD
Pool 13.0%

Top BTC & ETH Yields

All yields have been calculated as if markets have at least $100k TVL.

Chain Market Asset Yield
OETH
ARM-WETH-stETH
ETH 10.4%
ETH
cbETH
ETH 8.1%
ynETHx
WETH
ETH 5.7%
WBTC
LBTC
BTC.b
BTC 5.6%
tBTC
cbBTC
BTC 3.4%
WBTC
cbBTC
hemiBTC
BTC 3.4%

Other Top Yields

All yields have been calculated as if markets have at least $100k TVL.

Chain Market Asset Yield
CRV
crvUSD
CRV 10.8%
CRV
vsdCRV
asdCRV
CRV 9.6%
crvUSD
CJPY
FOREX 4.8%
EURe
WXDAI
USDC
USDT
FOREX 4.7%
USD₮0
WBTC
WETH
TRICRYPTO 4.6%
EURA
EURe
EUR 2.6%
EURA
EURC
EUR 1.6%
XAUt
PAXG
GOLD 0.2%

Weekly Metrics

crvUSD & scrvUSD

Another tough week for crvUSD, as supply contracts as expected due to the peg decreasing, incentivizing borrowers to buy back crvUSD below $1 and make a profit by closing their loans.

Interestingly, the crvUSD in scrvUSD has increased significantly and is sitting at over 100% of the minted crvUSD currently. This is possible because of the 15M crvUSD minted to the sreUSD market, as well as some of the YB allocation being temporarily within other markets until their pools rebalance.

Metric Value Change
crvUSD Minted
$25.6M -31.1%
scrvUSD Yield
8.1% -3.7%
crvUSD inscrvUSD
170.9% +88.9%
crvUSD Price
$0.9979 +$0.0049
Avg. Borrow Rate
17.3% -20.6%
Peg Stability Reserves
$4.44M -
PegKeeper Profit
$0 -$2.25k

Llamalend

Llamalend metrics are down across the board, as expected with the recent price falls and liquidity crunch.

Metric Value Change
🦙 Llamalend TVL $120M -9.2%
🦙 Supplied $65.8M -1.6%
🦙 Borrowed $63.2M -16.8%
🦙 Collateral $91.9M -11.8%
🦙 Loans 1012 -105

DEX

Curve's DEX has had another stellar week. After last week's huge volumes and fees, this week is also very positive. Even though metrics are down from last week, they are up compared to the average.

Metric Value Change
🔄 TVL $2.07B -1.6%
🔄 Volume $2.29B -37.4%
🔄 Swaps 666k -4.9%
🔄 Total Fees $584k -15.1%

DAO

The DAO saw another very significant distribution, amidst big volatility in the markets causing high trading volumes and fees, and high borrowing rates.

Metric Value Change
CRV Circ. Supply
1.48B +0.1%
CRV Locked
858M +0.1%
Total veCRV
786M -0.2%
veCRV Distribution
$320k -32.5%
CRV Emissions
$550k (2.22M CRV) -17.0%
Inflation Rate
4.916% -0.006%

Top Stableswap Pools

PYUSD/USDS once again won the week for volumes, with the DAI/USDC/USDT pool coming in second.

📍 🔄 Chain Pool Volume Fees
1 -
PYUSD
USDS
$773.4M $8.8k
2 -
DAI
USDC
USDT
$282.7M $42.4k
3 +2
msETH
WETH
$136.2M $54.5k
4 -
USDC
crvUSD
$135.7M $13.6k
5 +2
ETH
stETH
$135.6M $13.6k
6 +5
USDC
USDT
$133.2M $3.2k
7 -4
USDT
crvUSD
$131.8M $13.2k
8 -2
USDC
RLUSD
$127.4M $27.2k
9 +1
sUSDS
USDT
$107.2M $3.0k
10 -2
msUSD
FRAX
USDC
$93.3M $37.3k

Top Cryptoswap Pools

Got to love the Tricrypto pools, filling the top six Cryptoswap pools once again.

📍 🔄 Chain Pool Volume Fees
1 +1
USDT
WBTC
WETH
$44.2M $27.5k
2 -1
USDC
WBTC
WETH
$42.0M $26.6k
3 -
USDT
WBTC
WETH
$27.0M $57.3k
4 -
crvUSD
WETH
CRV
$17.3M $15.0k
5 -
GHO
cbBTC
WETH
$3.2M $9.1k
6 +4
USD₮0
WBTC
WETH
$2.7M $1.8k

DEX Winners & Losers

Fees Winners & Losers

PYUSD and USDS were both in high demand. With crvUSD's peg stabilizing back close to $1, the crvUSD/USDT pool was the biggest loser due to the decrease in volatility from the restoring peg.

📍 Chain Pool Volume Fees Change
1
PYUSD
USDC
$85.4M $9.25k +$5.97k
2
USDS
stUSDS
$6.08M $6.42k +$4.54k
3
PYUSD
USDS
$773M $8.81k +$4.14k
... ... ... ... ... ...
-3
msUSD
FRAX
USDC
$93.3M $37.3k -$11.3k
-2
msETH
WETH
$136M $54.5k -$14.6k
-1
USDT
crvUSD
$132M $13.2k -$15.8k

Volume Winners & Losers

PYUSD won the week for added volumes, with the PegKeeper pools seeing lower volumes due to the price of crvUSD stabilizing back toward $1.

📍 Chain Pool Volume Fees Change
1
PYUSD
USDS
$773M $8.81k +$314M
2
PYUSD
USDC
$85.4M $9.25k +$53.2M
3
USDC
USDT
$133M $3.19k +$30.4M
... ... ... ... ... ...
-3
frxUSD
crvUSD
$28.7M $5.95k -$39.9M
-2
USDC
crvUSD
$136M $13.6k -$76.3M
-1
USDT
crvUSD
$132M $13.2k -$158M

TVL Winners & Losers

The high incentives for the PYUSD/crvUSD pool doubled its TVL, winning the week for added TVL.

📍 Chain Pool TVL Change
1
PYUSD
crvUSD
$49.2M +$25.5M
2
USDC
RLUSD
$84.7M +$13.7M
3
PYUSD
USDC
$41.8M +$7.72M
... ... ... ... ...
-3
frxUSD
crvUSD
$14.6M -$7.82M
-2
aDAI
aUSDC
aUSDT
$2.39M -$8.23M
-1
USDC
USDf
$3.51M -$18.2M

Llamalend Winners & Losers

crvUSD Minting Markets - Borrowing Winners & Losers

All crvUSD markets were red, as markets work as expected to stabilize the crvUSD peg.

📍 Chain Market Collateral Borrowed Change
1
crvUSD
sfrxETH
$316k $149k -$294
2
crvUSD
weETH
$293k $144k -$9.39k
3
crvUSD
LBTC
$2.84 $1.01 -$43.6k
... ... ... ... ... ...
-3
crvUSD
tBTC
$7.15M $5.12M -$1.25M
-2
crvUSD
WETH
$3.98M $2.69M -$1.55M
-1
crvUSD
WBTC
$28.9M $14.2M -$6.3M

Lend Markets - Borrowing Winners & Losers

sreUSD saw an increase in borrowing, as users found they could borrow crvUSD and deposit it into the PYUSD/crvUSD pool, or even directly into scrvUSD, and arbitrage the rate to earn extra yield.

📍 Chain Market Supplied Borrowed Change
1
crvUSD
sreUSD
$26.6M $12.4M +$1.36M
2
crvUSD
WBTC
$1.75M $1.53M +$1.03M
3
crvUSD
fxSAVE
$366k $366k +$81.7k
... ... ... ... ... ...
-3
crvUSD
sUSDe
$2.53M $2.13M -$353k
-2
crvUSD
sfrxUSD
$4.15M $3.46M -$1.2M
-1
crvUSD
sDOLA
$21.7M $11.6M -$1.63M

Lend Markets - Supplying Winners & Losers

Interestingly, sreUSD also saw an increase in the amount supplied, as users potentially made use of the new Resupply market parameters for leverage.

📍 Chain Market Supplied Borrowed Change
1
crvUSD
sreUSD
$26.6M $12.4M +$2.61M
2
crvUSD
WBTC
$1.75M $1.53M +$1.1M
3
crvUSD
asdCRV
$639k $412k +$147k
... ... ... ... ... ...
-3
crvUSD
sfrxUSD
$4.15M $3.46M -$798k
-2
crvUSD
fxSAVE
$366k $366k -$1.03M
-1
crvUSD
sDOLA
$21.7M $11.6M -$2.14M

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.