Curve Best Yields & Key Metrics | Week 8, 2026

Market Overview

It’s been a quiet week for Curve and the broader DeFi space as recent volatility has faded. Curve’s TVL ticked up 0.5% to $2.08B.

The crvUSD peg continues to recover (currently $0.998). The DAO has also pushed several changes aimed at strengthening the peg and improving response options in extreme market conditions:

• Interest rate parameters have been tweaked
• An emergency role has been created for the YB pools, allowing the emergency DAO to adjust pool parameters in extreme conditions
• The emergency DAO can use up to $400k crvUSD from the treasury to protect the peg in extreme market conditions
• scrvUSD max fee share increased from 50% to 80% to better incentivize holding crvUSD when minting rates are high

As always, there are plenty of yield opportunities on Curve. See the highlights below, along with the weekly metrics.

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
	pmUSD crvUSD	$13.4M	10.9%
	PYUSD crvUSD	$59M	9.4%
	scrvUSD	$41M	6.1%
	frxUSD crvUSD	$12.9M	3.8%
	USDT crvUSD	$17.2M	3.7%

Other Top USD Yields

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

Chain	Market	Type	Yield
	sdUSD frxUSD	Pool	34.5%
	ebUSD USDC	Pool	25.8%
	fxUSD USDC USDaf BOLD	Pool	23.6%
	ynRWAx OUSD	Pool	23.3%
	USDP crvUSD	Pool	18.1%
	OUSD crvUSD	Pool	17.2%
	OUSD MUSD	Pool	15.7%
	OUSD msUSD	Pool	14.8%

Top BTC & ETH Yields

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

Chain	Market	Asset	Yield
	ETH cbETH	ETH	7.4%
	msETH OETH	ETH	5.7%
	OETH ARM-WETH-stETH	ETH	4.9%
	WBTC LBTC BTC.b	BTC	4.3%
	WBTC cbBTC hemiBTC	BTC	3.2%
	tBTC cbBTC	BTC	1.9%

Other Top Yields

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

Chain	Market	Asset	Yield
	CRV sdCRV	CRV	23.9%
	CRV cvxCRV	CRV	10.2%
	crvUSD CJPY	FOREX	5.9%
	GHO cbBTC WETH	TRICRYPTO	5.8%
	crvUSD ZCHF	FOREX	3.7%
	EURA EURC	EUR	1.3%
	XAUt PAXG	GOLD	0.1%

Weekly Metrics

crvUSD & scrvUSD

Minted amounts are stabilizing and borrow rates are easing, which should continue as the new crvUSD safety mechanisms roll out.

Metric	Value	Change
crvUSD Minted	$25M	-2.4%
scrvUSD Yield	6.1%	-2.0%
crvUSD inscrvUSD	163.9%	-7.0%
crvUSD Price	$0.9978	-$0.0001
Avg. Borrow Rate	13.7%	-3.6%
Peg Stability Reserves	$0	-
PegKeeper Profit	$0	-

Llamalend

Llamalend metrics were positive overall, with a small decline driven by low-value loans being closed. Will these metrics accelerate with LlamalendV2 approaching?

DEX

Curve’s DEX held TVL steady, while volumes and fees fell (typical when volatility cools).

DAO

The DAO saw a smaller distribution this week, reflecting lower volumes and softer crvUSD borrowing rates. Other DAO metrics were steady.

Metric	Value	Change
CRV Circ. Supply	1.48B	+0.1%
CRV Locked	858M	-
Total veCRV	787M	+0.1%
veCRV Distribution	$88k	-72.5%
CRV Emissions	$555k (2.22M CRV)	+0.9%
Inflation Rate	4.912%	-0.004%

Top Stableswap Pools

USDS pools once again led the week. Ethena’s USDtb was also in high demand.

📍	🔄	Chain	Pool	Volume	Fees
1	-		PYUSD USDS	$481.4M	$4.9k
2	+7		sUSDS USDT	$236.9M	$5.3k
3	+3		USDC USDT	$80.8M	$1.5k
4	-2		DAI USDC USDT	$63.7M	$9.6k
5	-		ETH stETH	$63.5M	$6.4k
6	-2		USDC crvUSD	$39.8M	$4.0k
7	+5		PYUSD USDC	$38.8M	$4.0k
8	+6		USDC USDtb	$31.2M	$3.3k
9	-2		USDT crvUSD	$31.0M	$3.1k
10	+3		ETH stETH	$29.7M	$2.4k

Top Cryptoswap Pools

The cbETH/WETH pool on Base saw the biggest move on this leaderboard this week, climbing 13 places. It’s an interesting market because cbETH accrues yield over time, so the cbETH/WETH ratio steadily increases. When the pool launched, that made it difficult to fit cleanly into a Stableswap design, so it was deployed as a Cryptoswap pool. It still functions well there, but if the pool were created today, it would be a straightforward Stableswap deployment with the new Stableswap version.

📍	🔄	Chain	Pool	Volume	Fees
1	-		USDT WBTC WETH	$14.4M	$8.5k
2	-		USDC WBTC WETH	$13.0M	$7.8k
3	-		USDT WBTC WETH	$10.9M	$17.5k
4	-		crvUSD WETH CRV	$10.7M	$5.6k
5	+13		WETH cbETH	$2.3M	$726.8
6	+3		ETH+ eUSD RSR	$1.4M	$955.9

DEX Winners & Losers

CRV Emissions Winners & Losers

This new section highlights pools with the largest changes in CRV emissions (gauge votes). This week, the frxUSD/msUSD pool saw the biggest increase, roughly tripling its emissions.

📍	Chain	Pool	TVL	CRV Emissions	Change
1		frxUSD msUSD	$5.44M	99.2k	+66.1k
2		cUSDO USDC	$11.9M	42.2k	+32.5k
3		pmUSD frxUSD	$12.2M	260k	+28.1k
...	...	...	...	...	...
-3		reUSD scrvUSD	$10M	31.4k	-24.4k
-2		ETH+ WETH	$9.67M	1.56	-31.4k
-1		DOLA sUSDe	$91.9M	2.35k	-33k

Fees Winners & Losers

Following the elevated activity in recent weeks, fee winners saw only modest gains, while several pools recorded large declines in swap fees as volumes normalized.

📍	Chain	Pool	Volume	Fees	Change
1		sUSDS USDT	$237M	$5.33k	+$2.29k
2		OGN OETH	$699k	$2.8k	+$2.27k
3		msUSD msETH	$266k	$1.33k	+$1.07k
...	...	...	...	...	...
-3		msUSD FRAX USDC	$9.03M	$3.61k	-$33.7k
-2		USDT WBTC WETH	$10.9M	$17.5k	-$39.8k
-1		msETH WETH	$10.7M	$4.28k	-$50.2k

Volume Winners & Losers

Sky was both the biggest winner and loser for volume this week: the sUSDS pool more than doubled its volume, while the PYUSD/USDS pool saw the largest decline.

📍	Chain	Pool	Volume	Fees	Change
1		sUSDS USDT	$237M	$5.33k	+$130M
2		NUSD USDC	$22.1M	$2.27k	+$8.31M
3		sUSDai USDC	$18.9M	$2.01k	+$4.16M
...	...	...	...	...	...
-3		msETH WETH	$10.7M	$4.28k	-$126M
-2		DAI USDC USDT	$63.7M	$9.56k	-$219M
-1		PYUSD USDS	$481M	$4.91k	-$292M

TVL Winners & Losers

The PYUSD/crvUSD pool was the largest TVL gainer this week, adding nearly $10M as liquidity moved toward its favorable risk-reward profile and yield.

📍	Chain	Pool	TVL	Change
1		PYUSD crvUSD	$59M	+$9.76M
2		DOLA sUSDe	$91.9M	+$8.84M
3		PYUSD USDC	$49.6M	+$7.76M
...	...	...	...	...
-3		ETH+ WETH	$9.67M	-$2.33M
-2		USDC RLUSD	$81.8M	-$2.84M
-1		crvUSD cbBTC	$182M	-$4.54M

Llamalend Winners & Losers

crvUSD Minting Markets - Borrowing Winners & Losers

Several crvUSD minting markets saw modest borrowing increases this week, though total crvUSD supply still declined slightly overall.

📍	Chain	Market	Collateral	Borrowed	Change
1		crvUSD sfrxETH	$1.35M	$872k	+$44.1k
2		crvUSD wstETH	$2.91M	$1.66M	+$10.7k
3		crvUSD WBTC	$28.2M	$14.2M	+$7.61k
...	...	...	...	...	...
-3		crvUSD LBTC	$2.77	$1.01	+$0.00315
-2		crvUSD weETH	$286k	$144k	-$61.5
-1		crvUSD tBTC	$6.05M	$4.43M	-$687k

Lend Markets - Borrowing Winners & Losers

sreUSD was the biggest borrowing winner, as users continued looping strategies following Resupply’s updated lending and redemption parameters.

📍	Chain	Market	Supplied	Borrowed	Change
1		crvUSD sreUSD	$27.8M	$15.7M	+$3.28M
2		crvUSD WBTC	$3.6M	$2.22M	+$688k
3		crvUSD CRV	$4.07M	$3.15M	+$9.1k
...	...	...	...	...	...
-3		crvUSD sDOLA	$22.1M	$11.4M	-$177k
-2		crvUSD sUSDe	$2.23M	$1.9M	-$232k
-1		crvUSD sfrxUSD	$3.69M	$3.02M	-$448k

Lend Markets - Supplying Winners & Losers

WBTC saw the largest increase in supplied crvUSD this week, with the sreUSD market close behind.

📍	Chain	Market	Supplied	Borrowed	Change
1		crvUSD WBTC	$3.6M	$2.22M	+$1.85M
2		crvUSD sreUSD	$27.8M	$15.7M	+$1.21M
3		crvUSD fxSAVE	$784k	$243k	+$417k
...	...	...	...	...	...
-3		crvUSD sUSDS	$29.9k	$4.6k	-$63.7k
-2		crvUSD sUSDe	$2.23M	$1.9M	-$297k
-1		crvUSD sfrxUSD	$3.69M	$3.02M	-$461k

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.