Curve LlamaLend

Curve’s lending infrastructure for DeFi. Create permissionless markets for any stablecoin & collateral. Lend, borrow & leverage with LLAMMA protection.

[Curve LlamaLend @llamalend]

The graphic shows the user’s liquidation protection from 13–24 November 2025. The “oracle price” refers to Llamalend’s EMA oracle, not spot price. The green and blue bars represent the liquidation range ($3,200–$2,900) and the user’s shifting collateral composition.

[Deantoshi @0xDeantoshi]

LlamaLend is now integrated on .@Yieldzio and has some absurd farms!

V2:
sDOLA/crvUSD: +121.02%
sfrxUSD/crvUSD: +57.32%

V1:
sfrxUSD/crvUSD: +58.62%

You can one-click enter these on Yieldz. io !

Follow me for future farms!

[Stake DAO @StakeDAOHQ]

crvUSD stable pools LP on OnlyBoost are boosted up to 2.5x.

reUSD, USDC, USDT and frxUSD paired with @CurveFinance ethereum:0xf939e0a03fb07f59a73314e73794be0e57ac1b4e, each deposit routed to Stake DAO's pooled veCRV. No lock on your side.

Deposit interface: https://t.co/5MrGNZdjZe

[Curve LlamaLend @llamalend]

👀

[Diphunter ¤ @Diphunter18]

A proposal on @CurveFinance Governance would bring LlamaLend V2 to Robinhood Chain for tokenized equities.

V2 was designed as a broader, isolated lending framework where supported assets can sit on either side of a market. We have already seen this architecture used with yield-bearing assets such as $sfrxUSD on Ethereum.

The proposal would use tokenized stocks as collateral and $USDG as the borrowing asset, with SPDR and stocks such as NVIDIA, Apple, Tesla and AMD among the potential markets.

If approved, this would give Robinhood’s tokenized equities an additional lending layer built on Curve’s LlamaLend infrastructure.

[Curve LlamaLend @llamalend]

@yMoon63397840 @Cryptoyieldinfo @thangnd217 ❤️

[Curve Finance @CurveFinance]

What does liquidation look like when it happens gradually rather than all at once?

In H1, 50.2% of Liquidation Protection periods on Curve lasted at least 2 weeks, 28.4% at least a month, and 19.3% at least 90 days; with loans remaining open throughout.

A look at LLAMMA in production 🦙

https://t.co/fufCOPRYcy

[Frankencoin @frankencoinzchf]

Over 8.5% yield currently for supplying crvUSD to the svZCHF-crvUSD @llamalend market!

[Curve LlamaLend @llamalend]

Llamalend V2 is now on @DeFiLlama

[Curve Finance @CurveFinance]

Busy August

ethereum:0xf939e0a03fb07f59a73314e73794be0e57ac1b4e minting nearly doubled, the peg stayed within 6.1 bps, and LlamaLend V2 borrowing rose 45%.
@ResupplyFi got more $sreUSD capacity, @twinfinance_ launched FX markets in collaboration with @DAMM_Capita, and yRisk was selected as DAO risk provider.

Monthly recap ↓
https://t.co/n3a93uuZu2

[Curve LlamaLend @llamalend]

great offer?

[Curve LlamaLend @llamalend]

Llamalend v2 TVL has surpassed $30 million.

Built by @CurveFinance

[Jordi in Cryptoland @lordjorx]

Everyone's talking about Aave v4 right now.

TVL is almost at $400M, growing slow but steady but nobody's talking about @llamalend, and that annoys me. Minting against Bitcoin costs 1.57% right now!

Deposit yieldbearing ETH like sfrxETH from @fraxfinance instead and the interest the collateral earns gets netted against what you pay to borrow.

Utilization on the crvUSD side is still low, so there's room to keep minting without touching the peg. I expect this stablecoin to grow hard over the next few months.

It just needs eyes on it. The distribution and listing work already in motion should speed that up.

[Curve LlamaLend @llamalend]

August was a strong month for Llamalend 🦙

On Ethereum mainnet alone:

Collateral TVL +83%
Borrowed crvUSD +68%

More collateral in. More crvUSD out.
Llamalend keeps growing.

Built on @CurveFinance.

[Curve LlamaLend @llamalend]

🦙❤️🐳

[Curve LlamaLend @llamalend]

👀

[Curve LlamaLend @llamalend]

Looks like it can’t get any lower

[Curve LlamaLend @llamalend]

Looks like it can’t get any lower

[Curve Finance @CurveFinance]

100M in PegKeepers. Mint borrow rates on LlamaLend are about to go down

[Curve LlamaLend @llamalend]

@unhappyben ❤️

[Diphunter ¤ @Diphunter18]

I went through Curve's latest progress report and there’s a lot to take in.

@llamalend V2 is probably the biggest one.
Fully audited by ChainSecurity, live on Optimism and deployed on Ethereum in July.

V2 now supports LP tokens, PTs and other yield-bearing assets as collateral, isolated lending markets and non-crvUSD borrowing.
That opens the door for assets like $scrvUSD, $sfrxUSD and other yield-bearing stables to become much more deeply integrated into Curve’s lending stack.

Then there’s FXSwap.
Curve is pushing further into FX and other low-volatility markets with dynamic fees, better liquidity placement, faster rebalancing and research into external pricing and propAMM-style designs.
The architecture could eventually extend to tokenized equities, commodities, indices and other RWAs.

FastBridge also cut $crvUSD withdrawals from L2s to Ethereum from ~7 days to ~15 minutes.

CurveRouterV2 is live across multiple chains, with split routing and a new Rust solver. Quote generation is reportedly 10–100x faster, with better execution in the tested $10k–$100k range.
And the ecosystem is already putting this infrastructure to work.

@yieldbasis generated ~$1.97B in H1 volume through Curve infrastructure, with ~$165.5M average net TVL.

Curve is also improving its oracle infrastructure, cross-chain governance, APIs, frontend and risk research.

One more thing I found interesting,
Swiss Stake plans to propose increasing the DAO’s protocol fee share from 10% to 30%.

And outside the main grant, Curve has started implementing StableSwap in Rust for Stellar, potentially bringing Curve beyond EVM.

Curve keeps shipping!

[Curve LlamaLend @llamalend]

How much are you paying for your loans?

[Curve LlamaLend @llamalend]

Still cheap?

[Curve LlamaLend @llamalend]

🦙🦙🦙👀 @ResupplyFi

[Curve LlamaLend @llamalend]

How does leverage affect the yield on the underlying asset in @llamalend markets?

See how it works using @fraxfinance’s ethereum:0xcacd6fd266af91b8aed52accc382b4e165586e29 stablecoin as an example.

https://t.co/otk446SsQm