Curve Selected Yields & Key Metrics: Week 45, 2026

Selected yields and key metrics as of the 5th November, 2026.

Week 45 Curve selected yields: three USD pool APRs, led by MUSD/USDC/USDT at 24.3%
Curve Selected Yields & Key Metrics: Week 45, 2026

Curve this week in 60 seconds

Selected yields

Markets shown have at least $100,000 in pool liquidity or supplied assets. Pool APRs model a new $100,000 deposit using seven-day LP growth and current unboosted rewards at unchanged income. Actual rates are variable; these are selected candidates, not a global top-yield or risk ranking. CRV rewards can be boosted via Convex, StakeDAO or Yearn. StableSwap pools with more than 85% of value or normalized reserves in one coin are omitted. FXSwap pools, such as zCHF/crvUSD, are assessed separately from this stablecoin-parity cutoff.

Selected USD yields

ChainMarketAPR
Ethereum
MUSDMUSD (Mezo)
USDCUSDC
USDTUSDT
24.3%
Ethereum
sUSGsUSG
reUSDreUSD (Re Protocol)
15.6%
Ethereum
frxUSDfrxUSD
avUSDavUSD
12.3%
Ethereum
crvUSDcrvUSD
sUSDesUSDe
12.2%
Ethereum
reUSDreUSD (Re Protocol)
sUSDesUSDe
10.5%
Ethereum
frxUSDfrxUSD
USD3USD3 (3Jane)
8.9%
Ethereum
USGUSG
sDOLAsDOLA
8.2%
Ethereum
sUSDxsUSDx (Axis)
USDxUSDx (Axis)
8.0%
Ethereum
frxUSDfrxUSD
sUSDaisUSDai
7.9%
Ethereum
scrvUSDscrvUSD
sUSDesUSDe
7.9%

Llamalend v2 looping yields

ChainCollateral20x Looped APRLiquidity
Ethereum
sfrxUSDsfrxUSD
9.8%1.97M
Ethereum
sDOLAsDOLA
3.5%1.67M
Example:
$10,000 looped 20x to $200,000 of collateral with $190,000 crvUSD borrowed. Looped APR = 20 × 7-day collateral APR − 19 × borrow APR after that borrow.

Selected Llamalend supply yields

ChainLent assetCollateralAPR
Ethereum
crvUSDcrvUSD
fxSAVEfxSAVE
8.0%
Ethereum
crvUSDcrvUSD
sDOLAsDOLA
5.3%
Ethereum
crvUSDcrvUSD
svZCHFsvZCHF
5.0%
Ethereum
crvUSDcrvUSD
sfrxUSDsfrxUSD
4.4%
Ethereum
crvUSDcrvUSD
syrupUSDCsyrupUSDC
4.4%
Ethereum
crvUSDcrvUSD
WBTCWBTC
4.3%
Ethereum
crvUSDcrvUSD
sUSDesUSDe
4.2%
Ethereum
crvUSDcrvUSD
wstETHwstETH
2.2%

Lending APR may include borrower interest and CRV rewards. Supplier exposure includes the borrower collateral shown, and withdrawal liquidity varies with utilization.

Selected BTC and ETH yields

ChainMarketAssetAPR
Ethereum
pufETHpufETH
wstETHwstETH
ETH3.9%
Ethereum
tETHtETH
weETHweETH
ETH3.8%
Ethereum
ETHETH
stETHstETH
ETH3.1%
Ethereum
WETHWETH
weETHweETH
ETH2.9%
Ethereum
stETHstETH
frxETHfrxETH
ETH2.6%
Ethereum
WBTCWBTC
cbBTCcbBTC
hemiBTChemiBTC
BTC2.5%
Ethereum
cbBTCcbBTC
WBTCWBTC
BTC1.5%

Other selected yields

ChainMarketAssetAPR
Ethereum
crvUSDcrvUSD
tBTCtBTC
wstETHwstETH
TRICRYPTO19.3%
Ethereum
crvUSDcrvUSD
WETHWETH
CRVCRV
TRICRYPTO11.8%
Ethereum
GHOGHO
cbBTCcbBTC
WETHWETH
TRICRYPTO6.4%
Ethereum
crvUSDcrvUSD
ZCHFZCHF
FXSwap5.6%
Ethereum
USDCUSDC
WBTCWBTC
WETHWETH
TRICRYPTO5.1%

Protocol activity and stability

crvUSD & scrvUSD

MetricValueVs W44
Mint-market debt
$57.3M-17.8%
scrvUSD yield (APY)
6.4%+2.7 pp
scrvUSD assets / mint debt
24.7%+2.3 pp
crvUSD oracle price
$0.9998+$0.0004
Average borrow APY
5.3%+1.7 pp
PegKeeper debt
0.00M crvUSD-11.78M crvUSD
Mint borrowing fees collected
$62.5k+36.4%

Llamalend

MetricValueVs W44
Llamalend TVL
$263M+6.2%
Supplied
$121M+25.7%
Borrowed
$132M-9.2%
Collateral
$216M-4.6%
Loans
1,214-10
V2 accrued admin fees
$2.5k+9.3%

TVL counts lending and mint markets; supplied assets are lending-only.

DEX

MetricValueVs W44
Volume
$1.75B+238.1%
Swaps
391k+11.1%
Trading fees
$499.4k+275.5%

Pools that earned the most trading fees this week:

ChainPoolVolumeFees
Ethereum
USDTUSDT
WBTCWBTC
WETHWETH
$12.1M$72.6k
Ethereum
DAIDAI
USDCUSDC
USDTUSDT
$456.6M$68.5k
Ethereum
crvUSDcrvUSD
tBTCtBTC
wstETHwstETH
$11.8M$54.0k
Ethereum
USDCUSDC
RLUSDRLUSD
$150.4M$42.7k
Ethereum
USDTUSDT
WBTCWBTC
WETHWETH
$43.8M$35.9k
Ethereum
WETHWETH
CVXCVX
$5.2M$20.3k
Ethereum
USDCUSDC
fxUSDfxUSD
$149.8M$17.0k
Ethereum
apxUSDapxUSD
USDCUSDC
$7.6M$16.1k
Ethereum
crvUSDcrvUSD
WETHWETH
CRVCRV
$8.7M$14.9k
Ethereum
USDCUSDC
WBTCWBTC
WETHWETH
$4.1M$14.0k

Trading fees are what traders paid to swap, shared between liquidity providers and the DAO. DEX figures cover ten chains and leave out YieldBasis pools, which have their own fee model.

DAO

MetricValueVs W44
veCRV distribution
$268.8k+196.4%
veCRV APR
6.580%+4.718 pp
Vote incentives (2-week avg)
$258.6k-7.9%
veCRV APR with incentives
14.809%+5.452 pp
CRV emissions (weekly gauge allocation)
1.86M CRV ($511.9k)0.00%
Annual CRV inflation
3.995%-0.003 pp

Weekly CRV emissions are scheduled gauge allocations, not tokens already claimed. Their change is measured in CRV, not dollars. Vote incentives are paid on Votemarket and Votium and averaged over two weeks, as Votium pays once per two-week round. Their APR counts only veCRV that voted for gauges with incentives.

Governance and protocol updates

CRV gauges for Techdollar's USDte

Techdollar lends to founders, employees and funds against their private-company shares. USDte is its deposit token, minted 1:1 against stablecoins and used to fund and pay out those loans, and its Curve pools are where borrowers and holders move between USDte and other dollars in one trade. The DAO added a gauge for the USDte/USDT pool and another for USDte/frxUSD, so LPs there can earn CRV; the USDte/USDT gauge already gets votes.

More crvUSD for the sreUSD lending market

The DAO minted another 30M crvUSD into the sreUSD Llamalend market: 62.2M crvUSD is now supplied there and 25.0M borrowed, so borrowing against sreUSD costs 0.5% a year.

Emergency DAO now covers Llamalend v2

The Emergency DAO now covers Llamalend v2 on Ethereum, Arbitrum, Optimism, Sonic and Taiko, as recommended by yRisk, so it can act on those markets in an emergency. The Curve DAO keeps full control.

CRV gauge for reUSD/sfrxUSD LP collateral

Collateral in the reUSD/sfrxUSD LP Llamalend v2 market now has its own gauge: borrowers there earn CRV as soon as veCRV holders vote weight to it.

New gauges for Base and Ethereum pools

veCRV holders approved a gauge for alUSDb/avUSD on Base, the Alchemix and Avant dollars. A gauge for frxUSD/USDT on Ethereum is up for vote: vote closes November 10.

Your veCRV boost in the app

The positions table now shows the boost your veCRV gives each of your pool positions, and the CRV lock page shows the key numbers of your lock at a glance.

Explore Curve

Explore Curve pools, Llamalend markets or savings crvUSD. Choose the product that fits the asset and liquidity you need.

Risk information: pool risks, lending risks and crvUSD risks.