Weekly Yields

Curve Best Yields & Key Metrics | Week 34, 2026

Weekly yield and Curve ecosystem metric updates as of the 20th August, 2026

Nik

20 Aug 2026 • 24 min read

Weekly yield and Curve ecosystem metric updates as of the 20th August, 2026

Top Yields: 1st. sUSG/reUSD Pool on Ethereum with 21.8% Yield, 2nd. frxUSD/USG Pool on Ethereum with 17.8% Yield, 3rd. sdUSD/frxUSD Pool on Ethereum with 13.8% Yield

Market Overview

The seven preference votes on risk-provider candidates closed on the 17th of August. Only Manifold ended with more CRV in favour than against, 329.6M to 303.8M; the other six were voted down
First full week at the new CRV emission rate: 1.86M CRV issued against 2.22M at the old rate, annual inflation 4.032%
Llamalend TVL up 11.0% to $182M, supply up 15.8% to $89.2M, borrowing up 1.3% to $99M
crvUSD minting down 5.5% to $37.7M; PegKeeper reserves up $4.74M to $38.5M
Vote 1487, which would kill emissions on five pools, is open until the 23rd of August

Top Yields

Rates are what a new $100k deposit would receive after diluting the pool: base fees, unboosted CRV and any live Merkl campaign. Convex, StakeDAO and Yearn offer boosting on top.

Top USD Yields

Market	Type	Yield
sUSG reUSD	Pool	21.8%
frxUSD USG	Pool	17.8%
sdUSD frxUSD	Pool	13.8%
USDC USG	Pool	13.1%
BOLD avUSD	Pool	9.3%
frxUSD DUSD	Pool	9.3%
frxUSD avUSD	Pool	8.9%
USG sDOLA	Pool	8.7%
scrvUSD sDOLA	Pool	7.0%
frxUSD USD3	Pool	6.9%

Most of the rates at the top of this table are gauge emissions rather than trading: sUSG/reUSD earns 0.09% in base fees against a 15.8% gauge, frxUSD/USG 0.00% against 18.9%, on pools of $0.6M to $1.8M.

Top BTC & ETH Yields

Market	Asset	Yield
ETH ETHx	ETH	11.1%
alETH WETH	ETH	3.5%
ynETHx WETH	ETH	3.1%
WBTC cbBTC hemiBTC	BTC	2.4%
cbBTC WBTC	BTC	2.0%
cbBTC WBTC LBTC	BTC	1.5%

Other Top Yields

Market	Asset	Yield
CRV sdCRV	CRV	9.3%
CRV cvxCRV	CRV	8.0%
GHO cbBTC WETH	TRICRYPTO	4.4%
crvUSD ZCHF	FOREX	3.8%
crvUSD CJPY	FOREX	3.1%
USDC sUSDat	FOREX	2.5%
XAUt PAXG	GOLD	0.2%

Top Llamalend Supply Yields

Chain	Market	Supply Rate
	crvUSD svZCHF	6.1%
	crvUSD WETH	5.6%
	crvUSD WBTC	4.8%
	USDC wstETH	4.3%
	crvUSD sfrxUSD	4.3%
	crvUSD sDOLA	4.0%
	crvUSD WETH	3.9%
	crvUSD sfrxUSD	3.7%
	USDC WBTC	3.7%
	crvUSD wstETH	3.3%

Weekly Metrics

crvUSD & scrvUSD

Metric	Value	Change
crvUSD Minted	$37.7M	-5.5%
scrvUSD Yield	1.4%	-0.1%
crvUSD inscrvUSD	44.4%	+1.3%
crvUSD Price	$0.9998	+$0.0007
Avg. Borrow Rate	2.1%	-0.1%
Peg Stability Reserves	$38.5M	+$4.74M
PegKeeper Profit	$748	+$228
Fees	$15.5k	+4.1%

Llamalend

Metric	Value	Change
🦙 Llamalend TVL	$182M	+11.0%
🦙 Supplied	$89.2M	+15.8%
🦙 Borrowed	$99M	+1.3%
🦙 Collateral	$154M	+6.5%
🦙 Loans	1112	+18
🦙 Fees	$869	+85.1%

Supply has now grown faster than debt for a second week running.

DEX

Metric	Value	Change
🔄 TVL	$1.47B	+3.1%
🔄 Volume	$567M	+3.8%
🔄 Swaps	433k	-16.4%
🔄 Total Fees	$260k	+1.4%

Volume rose on 16.4% fewer swaps, so the average trade was larger than last week.

Fees here are DEX pool fees only; crvUSD minting fees and Llamalend fees appear in their own sections.

DAO

Metric	Value	Change
CRV Circ. Supply	1.55B	+0.1%
CRV Locked	851M	-
Total veCRV	778M	-0.4%
veCRV Distribution	$146k	+251.8%
veCRV APR	3.709%	+2.622%
CRV Emissions	$459k (1.86M CRV)	-13.2%
Inflation Rate	4.032%	-0.767%

The emission step is written into the token contract and repeats every 365 days.

Top Stableswap Pools

📍	🔄	Pool	Volume	Fees
1	-	DAI USDC USDT	$66.4M	$10.0k
2	+5	USDT crvUSD	$44.0M	$4.4k
3	-1	USDG USDC	$34.3M	$3.6k
4	+4	USDC USDT	$30.9M	$590.5
5	+11	USDC fxUSD	$30.2M	$3.1k
6	+9	USDC crvUSD	$28.7M	$2.9k
7	-1	PYUSD USDC	$26.5M	$2.7k
8	-4	USDC RLUSD	$23.3M	$4.7k
9	-6	WETH weETH	$18.9M	$1.0k
10	-5	USDC USDat	$17.6M	$1.8k

Top Cryptoswap Pools

📍	🔄	Pool	Volume	Fees
1	+1	USDT WBTC WETH	$6.0M	$4.3k
2	-1	USDC WBTC WETH	$5.1M	$2.6k
3	-	crvUSD WETH CRV	$4.3M	$2.8k
4	+1	WETH CVX	$1.4M	$5.3k
5	-1	EURe WXDAI USDC USDT	$1.1M	$367.1
6	-	crvUSD tBTC wstETH	$939.7k	$2.5k

crvUSD/WETH/CRV sits third by volume but earns more in fees than the pool above it.

Gauge Winners & Losers

📍	Chain	Pool / Market	TVL	CRV Emissions	Change
1		frxUSD USG	$1.78M	40.4k	+31.5k
2		USDC USG	$1.42M	25.8k	+14.1k
3		frxUSD crvUSD	$13M	66.2k	+12.4k
...	...	...	...	...	...
-3		crvUSD sUSDe	$3.42M	16k	-15.4k
-2		frxUSD msUSD	$6.36M	37.7k	-19.6k
-1		OETH WETH	$55.4M	73.3k	-28.1k

frxUSD/USG and USDC/USG took the largest weight gains on pools of $1.78M and $1.42M, which is why both sit at the top of the USD yield table.

DEX Winners & Losers

Fees Winners & Losers

📍	Chain	Pool	Volume	Fees	Change
1		WETH USDC	$8.29M	$16.6k	+$14.6k
2		apxUSD USDC	$3.82M	$14.5k	+$3.79k
3		apyUSD apxUSD	$2.41M	$4.82k	+$3.18k
...	...	...	...	...	...
-3		crvUSD YB	$582k	$1.96k	-$1.54k
-2		frxUSD msUSD	$180k	$273	-$1.94k
-1		WETH CVX	$1.43M	$5.33k	-$3.04k

Volume Winners & Losers

📍	Chain	Pool	Volume	Fees	Change
1		USDT crvUSD	$44M	$4.4k	+$24.3M
2		USDC fxUSD	$30.2M	$3.11k	+$19.4M
3		USDC crvUSD	$28.7M	$2.87k	+$17.2M
...	...	...	...	...	...
-3		WBTC tBTC	$3.3M	$330	-$10.2M
-2		USDC sUSDat	$206k	$1.03k	-$12.9M
-1		USDG USDC	$34.3M	$3.59k	-$13.4M

TVL Winners & Losers

📍	Chain	Pool	TVL	Change
1		crvUSD WETH	$45.3M	+$16.1M
2		ETH stETH	$91.9M	+$15.1M
3		OETH WETH	$55.4M	+$8.76M
...	...	...	...	...
-3		USDC WBTC WETH	$4.3M	-$3.31M
-2		USDC RLUSD	$60.8M	-$16.2M
-1		crvUSD WETH	$20.2M	-$24.2M

The two crvUSD/WETH lines are different pools, one taking in $16.1M and the other giving back $24.2M.

Llamalend Winners & Losers

crvUSD Minting Markets - Borrowing Winners & Losers

📍	Chain	Market	Collateral	Borrowed	Change
1		crvUSD tBTC	$9.22M	$5.61M	+$995k
2		crvUSD WBTC	$33.2M	$15.6M	+$362k
3		crvUSD sfrxETH	$2.86M	$1.31M	+$3.31k
...	...	...	...	...	...
-3		crvUSD WETH	$4.04M	$1.72M	-$37.8k
-2		crvUSD wstETH	$24.8M	$9.78M	-$1.33M
-1		crvUSD cbBTC	$5.4M	$3.34M	-$2.15M

Lend Markets - Borrowing Winners & Losers

📍	Chain	Market	Supplied	Borrowed	Change
1		crvUSD sfrxUSD	$11.3M	$9.17M	+$1.67M
2		crvUSD sDOLA	$7.83M	$4.19M	+$1.6M
3		crvUSD sUSDe	$5.87M	$3.09M	+$866k
...	...	...	...	...	...
-3		crvUSD WBTC	$182k	$112k	-$25k
-2		USDC WBTC	$332k	$271k	-$31.7k
-1		crvUSD sfrxUSD	$8.99M	$7.76M	-$1.27M

sfrxUSD heads both sides: the V2 market opened in July borrowed more, the original from February 2025 repaid.

Lend Markets - Supplying Winners & Losers

📍	Chain	Market	Supplied	Borrowed	Change
1		crvUSD sreUSD	$36.1M	$24.3M	+$10.7M
2		crvUSD sDOLA	$7.83M	$4.19M	+$2.23M
3		crvUSD sfrxUSD	$11.3M	$9.17M	+$1.69M
...	...	...	...	...	...
-3		crvUSD wstETH	$2.59M	$1.82M	-$155k
-2		crvUSD sUSDe	$5.87M	$3.09M	-$582k
-1		crvUSD sfrxUSD	$8.99M	$7.76M	-$2.68M

Explore Yield Oppportunities

Go to DEX markets

Go to Lending Markets

Go to Savings crvUSD

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.