Total Value Locked$74.14m
TVL by Chain
Ethereum$74.14m
Key Metrics
Fees 30d$242,894
Fees 30d by chain
Ethereum$242,894
Fees 7d$70,452
Ethereum$70,452
Fees 24h$0
Ethereum$0
Cumulative Fees$40.91m
Ethereum$40.91m
Revenue 30d$187,066
Revenue 30d by chain
Ethereum$187,066
Revenue 7d$48,453
Ethereum$48,453
Revenue 24h$0
Ethereum$0
Cumulative Revenue$37.75m
Ethereum$37.75m
Holders Revenue 30d$168,360
Holders Revenue 30d by chain
Ethereum$168,360
Holders Revenue 7d$43,608
Ethereum$43,608
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$20.51m
Ethereum$20.51m
Collateral Liquidated 30d$52,308
Collateral Liquidated 30d by chain
Ethereum$52,308
Collateral Liquidated 7d$13,372
Ethereum$13,372
Collateral Liquidated 24h$0
Ethereum$0
Cumulative Collateral Liquidated$52,308
Ethereum$52,308
Protocol Information
crvUSD is a collateralized-debt-position (CDP) stablecoin pegged to the US Dollar
Part of Curve Finance
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All borrow interest paid by borrowers.View code on GitHubRevenue: All borrow interest go to protocol treasury + veCRV holders.View code on GitHubHolders Revenue: Revenue share to veCRV holders.View code on GitHubCollateral Liquidated: Collateral and crvUSD taken from the borrower's LLAMMA position in Controller Liquidate events (hard liquidations). Self-liquidations, where the borrower closes their own loan, are excluded. Soft liquidation inside LLAMMA is not counted.View code on GitHubYields
Pools Tracked1
Average Supply APY6.63%
Largest Pools by TVL
scrvUSDEthereum$18.83m
Competitors
Closest by TVL
crvUSD history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from May 18, 2023 to Nov 15, 2026.
All-time high TVL: $347.59m on Mar 9, 2024. All-time low TVL: $2.25m on May 18, 2023.
Daily TVL, Oct 17, 2026 to Nov 15, 2026
| Date | TVL |
|---|---|
| Oct 17, 2026 | $135.73m |
| Oct 18, 2026 | $134.98m |
| Oct 19, 2026 | $136.23m |
| Oct 20, 2026 | $135.52m |
| Oct 21, 2026 | $138.33m |
| Oct 22, 2026 | $141.29m |
| Oct 23, 2026 | $138.35m |
| Oct 24, 2026 | $137.22m |
| Oct 25, 2026 | $137.69m |
| Oct 26, 2026 | $137.52m |
| Oct 27, 2026 | $135.73m |
| Oct 28, 2026 | $137.25m |
| Oct 29, 2026 | $137.62m |
| Oct 30, 2026 | $126.48m |
| Oct 31, 2026 | $125.98m |
| Nov 1, 2026 | $120.25m |
| Nov 2, 2026 | $120.81m |
| Nov 3, 2026 | $118.52m |
| Nov 4, 2026 | $119.6m |
| Nov 5, 2026 | $126.12m |
| Nov 6, 2026 | $112.19m |
| Nov 7, 2026 | $112.86m |
| Nov 8, 2026 | $111.88m |
| Nov 9, 2026 | $105.82m |
| Nov 10, 2026 | $103.96m |
| Nov 11, 2026 | $99.48m |
| Nov 12, 2026 | $98.24m |
| Nov 13, 2026 | $81.73m |
| Nov 14, 2026 | $77.5m |
| Nov 15, 2026 | $72.46m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $137.76m |
| Jan 31, 2025 | $152.99m |
| Feb 28, 2025 | $106.65m |
| Mar 31, 2025 | $146.35m |
| Apr 30, 2025 | $208.95m |
| May 31, 2025 | $244.03m |
| Jun 30, 2025 | $213.43m |
| Jul 31, 2025 | $238.31m |
| Aug 31, 2025 | $232.79m |
| Sep 30, 2025 | $219m |
| Oct 31, 2025 | $182.24m |
| Nov 30, 2025 | $98.05m |
| Dec 31, 2025 | $133.32m |
| Jan 31, 2026 | $112.63m |
| Feb 28, 2026 | $40.28m |
| Mar 31, 2026 | $33.65m |
| Apr 30, 2026 | $109.05m |
| May 31, 2026 | $96.65m |
| Jun 30, 2026 | $49.93m |
| Jul 31, 2026 | $71.5m |
| Aug 31, 2026 | $142.27m |
| Sep 30, 2026 | $156.14m |
| Oct 31, 2026 | $125.98m |
| Nov 15, 2026 (latest) | $72.46m |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $177.21m |
| Dec 31, 2024 | $137.76m |
| Dec 31, 2025 | $133.32m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $1.01m | $771,362 | $771,362 |
| Jan 2025 | $593,410 | $411,358 | $411,358 |
| Feb 2025 | $323,358 | $233,780 | $233,780 |
| Mar 2025 | $111,114 | $86,877 | $86,877 |
| Apr 2025 | $209,801 | $169,297 | $169,297 |
| May 2025 | $373,167 | $282,225 | $282,225 |
| Jun 2025 | $684,252 | $457,272 | $451,921 |
| Jul 2025 | $690,494 | $407,938 | $367,141 |
| Aug 2025 | $646,866 | $364,910 | $328,418 |
| Sep 2025 | $899,963 | $481,693 | $433,523 |
| Oct 2025 | $508,539 | $275,198 | $247,678 |
| Nov 2025 | $536,927 | $336,829 | $303,150 |
| Dec 2025 | $92,673 | $68,289 | $61,459 |
| Jan 2026 | $204,986 | $173,267 | $155,939 |
| Feb 2026 | $497,684 | $241,046 | $216,941 |
| Mar 2026 | $190,541 | $38,108 | $34,297 |
| Apr 2026 | $65,820 | $22,618 | $20,357 |
| May 2026 | $127,911 | $91,000 | $81,899 |
| Jun 2026 | $147,150 | $89,369 | $80,433 |
| Jul 2026 | $89,079 | $56,969 | $51,270 |
| Aug 2026 | $73,315 | $57,513 | $51,762 |
| Sep 2026 | $207,038 | $172,681 | $155,414 |
| Oct 2026 | $208,221 | $174,097 | $156,688 |
| Nov 2026 (to date) | $135,559 | $97,430 | $87,687 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/crvusd
Frequently asked questions
What is crvUSD's TVL?
As of Nov 15, 2026, crvUSD has $74.14m in total value locked. TVL has decreased 45.7% over the past 30 days.
What chains does crvUSD operate on?
crvUSD operates on Ethereum. Ethereum holds the largest share at 100%.
How much has crvUSD generated in fees and revenue?
Over the past 30 days, crvUSD generated $242,894 in fees. Of that, $187,066 was protocol revenue. Based on the trailing year, the annualized rate is $2.36m in fees and $1.47m in revenue.
How does crvUSD's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, crvUSD ranks #5 by TVL. The category holds $5.352b across 198 protocols, and crvUSD accounts for 1.4% of that total. Similar protocols include Sky Lending, USDD, Liquity V1, Reservoir Protocol, Liquity V2, Frankencoin, Inverse Finance FiRM, BIMA CDP, Monolith Market, and Swan DAO.
How many yield pools does crvUSD have?
DefiLlama tracks 1 crvUSD yield pool with an average APY of 6.6%.