Curve's native stablecoin (~$293M market cap). LLAMMA soft-liquidation. Deep DEX liquidity.
Overview
Ticker
crvUSD
Backing type
Crypto-backed
Market cap
$100M+
Peg currency
USD
Issuer
Curve Finance
Auditor
On-chain verifiable (audits by MixBytes, ChainSecurity)
Yield rate
—
Launch year
2023
Reserves
Over-collateralized by wstETH, WBTC, ETH, sfrxETH via LLAMMA soft-liquidation AMM
Supported Chains
EthereumArbitrum
Regulatory
MiCA compliant
No
Jurisdiction
Decentralized (Switzerland-based team)
Features
Programmable✓
Rebaseable—
Permissioned—
Cross-chain✓
DeFi integrated✓
Institutional grade—
Use Cases
Borrowing against crypto collateralSoft-liquidation lendingCurve ecosystem liquidityDeFi leverage
Connected Companies (1)
Networks / L1s & L2s