Curve DEX · Ethereum

PYUSD-USDC

Overview

Curve DEX's PYUSD-USDC pool on Ethereum is a stablecoin pair where liquidity providers earn yield on deposits of both assets. The pool generates a total APY of 4.74 percent, composed of 0.17 percent base yield and 4.57 percent in reward incentives. Over the past seven days, APY increased 0.43 percent, though the 30-day trend shows a decline of 0.54 percent from a 30-day average of 5.35 percent. The pool holds 54.29 million dollars in total value locked, with trend data on seven-day TVL changes unavailable. As a stablecoin pool, liquidity providers face depeg risk if either PYUSD or USDC loses its dollar peg, though the pool carries no impermanent loss exposure.

Composed 2026-05-18 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 4.74%; 30-day mean is 5.35%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Down" with 71% confidence based on historical patterns.

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