Curve Finance Integrates Llamalend and Expands crvUSD Lending Market
Curve Finance Integrates Llamalend and Expands crvUSD Lending Market
🔥 Curve's Llamalend Integration

Curve Finance has announced the integration of Llamalend, enabling a crvUSD stablecoin lending market on the Ethereum network. This market features auto-adjusting positions based on crypto-tokenized collateral prices, allowing borrowing, lending, and permissionless market creation. Recent updates from Curve Finance highlight record volumes and utilization for crvUSD pools, driven by soft-liquidations and de-liquidations. The crvUSD collateral has also been enabled on Strike Finance, offering high supply and borrow APYs. Curve's innovative lending system avoids hard liquidations, providing a better experience for borrowers compared to platforms like Maker and Aave.
Looks like someone borrowed absolute maximum against wstETH right before prices pulled back, and went through soft liquidation in crvusd.curve.fi. Amazingly, despite aggressive parameters and being under liquidation price - no hard liquidation!
Now tracking Curve Llamalend @CurveFinance on @ethereum Curve provides a $crvUSD stablecoin lending market, featuring auto-adjusting positions based on crypto-tokenized collateral prices, allowing borrowing, lending, and permissionless market creation
The crvUSD aggregator provides liquidity to four isolated lending pairs, all of which use Curve crvUSD LP tokens staked in Yearn as collateral Users can deposit these LP tokens into Sturdy and borrow against them to multiply their yields, earning up to 184% APR at current rates!
Because of heavy soft-liquidations/de-liquidations over the past 24h, the major $crvUSD pools have 100-200% liquidity utilization + good base vAPY. Majority of LLAMMA volume was from wETH liquidations as wETH use as collateral for crvUSD has grown a lot in 2024📊📈 $CRV #DeFi
crvUSD soft liquidations in action post nuke While borrowers experience small losses while in the liquidation range, they come out the range with the same exposure they started with minus fees Infinitely better than Maker or AAVE hard liquidations Meanwhile $CRV printing fees
Yet another blockbuster day for $crvUSD: 🔥Record LLAMMA volume @ $58.4m 🔥Record volume for crvUSD pools @ $75m The surge in LLAMMA volume from soft-liquidations tightened up the peg, which lowered borrow rates drastically! Big wETH soft-liquidations $3650 - $3930 $CRV #Defi
Blockbuster day for $crvUSD: 🥇Record volume for crvUSD stable pools @ $69m 🥇Record # of borrows @ 354 🥇Record LLAMMA volume @ $33m veCRV fees should be very juicy this week since crvUSD mcap has been 150-160m with borrow rates averaging 15-20% 💰😍 $CRV #DeFi
Collateral fully swapped into $crvUSD without liquidation Thanks @CurveFinance
🎉 Exciting Announcement! We're thrilled to announce that @CurveFinance #crvUSD collateral is now enabled on Strike Finance! 💼 Ready to unlock new possibilities for your assets? Explore collateral options and maximize your opportunities with Strike Finance today! 💡💸 crvUSD
crvUSD soft liquidations in action post nuke While borrowers experience small losses while in the liquidation range, they come out the range with the same exposure they started with minus fees Infinitely better than Maker or AAVE hard liquidations Meanwhile $CRV printing fees
Blockbuster day for $crvUSD: 🥇Record volume for crvUSD stable pools @ $69m 🥇Record # of borrows @ 354 🥇Record LLAMMA volume @ $33m veCRV fees should be very juicy this week since crvUSD mcap has been 150-160m with borrow rates averaging 15-20% 💰😍 $CRV #DeFi
🎉 Yiiipeeee 💃 Exciting news! 🚀 #crvUSD, the token of the innovative @CurveFinance, renowned for its exceptional decentralized exchange (DEX), has now been listed on @StrikeFinance!💙✨ And guess what? The APY (Annual Percentage Yield) for crvUSD is currently soaring high! 📈
Fidelity's Digital Dollar Now Trading on Curve

Wall Street giant Fidelity's Ethereum-based stablecoin **$FIDD** (Digital Dollar) is now available for trading on Curve Finance. This marks a significant step in traditional finance's integration with DeFi protocols, as Fidelity brings its institutional-grade stablecoin to one of the largest decentralized exchanges. The listing enables users to swap and provide liquidity for FIDD through Curve's automated market maker pools.
Curve Finance Weekly Yields and Key Metrics Report

Curve Finance has released its weekly performance report for Week 24 of 2026, highlighting current yield opportunities and key protocol metrics. **Key Updates:** - Latest yield data across Curve's liquidity pools - Performance metrics for the week ending June 11, 2026 - Overview of top-performing pools and strategies The report provides liquidity providers with current APY rates and helps users identify optimal yield farming opportunities within the Curve ecosystem. This weekly analysis continues Curve's tradition of transparent reporting on protocol performance and available returns for participants. [Read the full report](https://news.curve.finance/curve-best-yields-key-metrics-week-24-2026/)
Curve DAO Proposes Compensation for sDOLA Vault Attack Victims
Curve DAO has initiated a vote to compensate borrowers affected by the **sDOLA vault inflation attack** through its veFunder mechanism. **Key Details:** - Proposal aims to reimburse users impacted by the security exploit - Compensation will be distributed via veFunder system - Vote is currently live on Curve's governance platform This follows Curve's ongoing efforts to protect users and maintain protocol integrity after security incidents. The community will decide whether to approve the compensation package for affected borrowers. [View the full proposal](https://www.curve.finance/dao/ethereum/proposals/1437-ownership/)
🦙 Curve Launches Llamalend v2

Curve Finance has launched **Llamalend v2**, a new lending framework designed around Curve's liquidity infrastructure. **Key Features:** - Use Curve LP tokens as collateral for loans - Isolated market risk to protect users - Enhanced range-based liquidations via LLAMMA technology - Strengthened market security protocols The protocol is **launching first on Optimism**, bringing DeFi lending capabilities to the Layer 2 network. Llamalend v2 builds on the original version's soft-liquidation mechanism while adding support for Curve's LP tokens as collateral—a natural fit given Curve's position as a major liquidity provider. [Read the full announcement](https://news.curve.finance/introducing-llamalend-v2/)
⚠️ Urgent: Exit asdCRV LlamaLend Market on Arbitrum Due to Oracle Risk
**Critical Alert for Arbitrum Users** Users with deposits or loans in the asdCRV LlamaLend market on Arbitrum are urged to exit immediately as a precautionary measure. **Key Points:** - The market is currently stable, but faces potential instability - Price oracle may become unreliable due to the vsdCRV exploit - Unstable oracle could trigger unexpected liquidations - Action recommended: withdraw deposits and close loans ASAP **Background Context:** This warning follows previous stress tests of LlamaLend markets. While Ethereum-based systems performed well with no bad debt, Arbitrum markets showed vulnerability due to insufficient cross-chain arbitrage activity. The current vsdCRV exploit creates additional risk specifically for the asdCRV market's price oracle mechanism, making immediate exit the safest option until the situation stabilizes.