Curvance · Monad

AUSD (vUSD/AUSD)

Overview

The Curvance AUSD pool on Monad is a single-asset lending position where suppliers earn variable interest on stablecoin deposits. The protocol generates yield by routing borrowing demand against pooled AUSD liquidity and pays lenders from the resulting interest spread. Total APY of 7.95% comprises base lending at 5.25% plus an additional reward layer of 2.7%. Over the past week, the rate trended down by 1.35%, while over the last month it increased by 3.29%, placing the current rate below the 30-day mean of 7.72%. TVL stands at $1.01M with no reported change in the last seven days; primary exposure is depeg risk on the underlying stablecoin. As a single-asset stablecoin pool, liquidity depth and stability are critical factors for this type of lending arrangement.

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 10.32%; 30-day mean is 8.09%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 77% confidence based on historical patterns.

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