Curve DEX · Ethereum

USDC-CRVUSD

Overview

The Curve DEX USDC-CRVUSD pool on Ethereum is a single-asset stablecoin position where suppliers earn interest from the arbitrage between USDC and CRVUSD liquidity pools. The protocol generates yield by facilitating trades and capturing fees from price discrepancies. Total APY of 2.65% breaks down into base lending at 14% and reward incentives at 2.51%. Over the past week, the rate trended downward by 0.43%, while over the last month it decreased by 1.47%, placing the current rate below the 30-day mean of 3.08%. TVL stands at $22M with no reported change in the past seven days; primary exposure is depeg risk on the underlying stablecoin. This pool benefits from deep liquidity, which helps maintain stability and efficiency during high trading volumes.

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 2.25%; 30-day mean is 2.88%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 94% confidence based on historical patterns.

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