Curve Finance Lending Protocol Update

Curve Finance has launched **LlamaLend V2** on Optimism, introducing a new lending framework built around Curve liquidity. **Key Features:** - Use Curve LP tokens as collateral - Isolated market risk management - Improved range-based liquidations powered by LLAMMA - Enhanced market security **Incentives:** OP rewards are available for eligible positions, distributed through [Merkl](https://merkl.xyz). Users can now borrow, lend, or loop through isolated markets on [Curve's Optimism markets](https://www.curve.finance/llamalend/optimism/markets?version=v2). This launch represents Curve's continued expansion as a stablecoin infrastructure provider, now offering lending services alongside its established liquidity pools.

**Urgent Action Required for Liquidity Providers** Curve pools on Fantom Opera still hold significant Total Value Locked (TVL), but time is running out. The Fantom Opera network is shutting down on **June 30, 2026 at 5:00 PM GMT**. **What You Need to Do:** - Check if you have liquidity in Curve pools on Fantom Opera - Remove all funds before the June 30 deadline - Failure to withdraw will result in **permanent loss of access** to your funds **Background:** Fantom is winding down its original network as part of its migration to Sonic Labs. Multiple DeFi protocols, including Stargate V1, have already announced they will no longer support the chain after deprecation. More details: [Sonic Labs Migration Announcement](https://blog.soniclabs.com/sonics-successful-network-migration-what-this-means-for-fantom-opera/)

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. - $FIDD launched earlier this year as Fidelity's entry into the stablecoin market - The token is now accessible through Curve's liquidity pools - Represents growing convergence between TradFi and DeFi infrastructure

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/)

**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.