Convex Finance · Ethereum

CRVUSD (Curve Lend – wstETH collateral)

Overview

The Convex Finance CRVUSD pool on Ethereum is a single-asset stablecoin lending position where suppliers earn variable interest on deposits of Curve's USD-stablecoin, CRVUSD. This protocol generates yield by routing borrowing demand against pooled liquidity and distributing the resulting interest to lenders.

Total APY stands at 3.38%, combining base lending with an additional reward layer of 0.18%. The 7-day trend shows a rise of 2.42% while the 30-day trend indicates growth by 1.08%, placing current rates above the 30-day mean of 2.12%.

TVL is $804K with no reported change over the past week; primary exposure lies in depeg risk on the underlying stablecoin. Given its single-asset nature, this pool's performance closely tracks the stability and demand for CRVUSD within the Curve ecosystem.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Depeg risk

  The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.

• Yield variability

  Current APY is 5.74%; 30-day mean is 5.92%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 59% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.