Curve (crvUSD)
Stablecoin · Decentralized CDP · crvUSD
Curve Finance issues crvUSD and savings crvUSD (scrvUSD), an overcollateralized dollar using the LLAMMA soft-liquidation AMM.
Soft-liquidation CDP dollar.
Circulating supply
$283.7M
+0.0% 24h
Latest data · 15 min delay
AI Agent Skill
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Curve (crvUSD) — Research Skill
Soft-liquidation CDP dollar.
curve-stablecoin · v1.0.0
Facts
| category | Network |
| symbol | crvUSD |
| tagline | Soft-liquidation CDP dollar. |
| arbitrumNative | no |
| chains | Ethereum, Arbitrum, Base, Optimism |
| security | audited (OZ-derived · reported audited (no public link)) |
| memberCoins | 2 (crvUSD, sFRAX) |
| tvl | $283.70M |
| universalMetricsSyncedAt | 2026-07-03T17:01:03Z |
Sections
Overview
Curve Finance issues crvUSD and savings crvUSD (scrvUSD), an overcollateralized dollar using the LLAMMA soft-liquidation AMM.
What makes it different
LLAMMA soft-liquidation continuously converts collateral to crvUSD as price drops, eliminating hard liquidation cascades.
Components
- Curve (crvUSD) core product: Curve Finance issues crvUSD and savings crvUSD (scrvUSD), an overcollateralized dollar using the LLAMMA soft-liquidation AMM.
Member coins
- crvUSD (crvUSD) — Stablecoin, LLAMMA soft-liquidation dollar - sFRAX / sfrxUSD (sFRAX) — Receipt, RWA-backed yield
Risks
- Smart Contract: On-chain logic upgrades, bugs, or parameter errors can impair user funds. - Market: Token, collateral, or peg volatility affects protocol solvency and user outcomes. - Liquidity: Thin markets make exits, liquidations, or redemptions harder during stress. - Peg: Stablecoin may de-peg under reserve, liquidity, or confidence stress.
Actions
| Name | Signature | Access |
|---|---|---|
getProfile Read the CanHav profile for Curve (crvUSD). | research_getEntity({ slug: "curve-stablecoin" }) | read-only |
listMembers List the member coins (stablecoins / tokens / RWAs) under this network. | research_listByCategory({ category: "networks" }) | read-only |
readLiveMetrics Read live on-chain supply / metadata for a member contract (Arbitrum). | chain_readLive({ address: "0x..." }) | read-only |
getHistory Pull historical peg / TVL series for a member protocol. | research_getHistory({ slug: "<member-slug>", metric: "peg" | "tvl" }) | read-only |
Glossary
- TVL
- Total value locked — assets held or managed by a protocol, in USD.
- APR
- Annual percentage rate — yield before compounding.
- RWA
- Real-world asset — an off-chain asset represented as an on-chain token.
- ERC-8004
- Trustless-agent identity standard; an agent's portable on-chain identity (ERC-721).