Convex Finance vs Curve LlamaLend: crvUSD yields compared
Convex Finance has 2 qualifying crvUSD pools ($25.3M) and Curve LlamaLend has 3 ($92.2M). The best 30-day average is 5.67% on Convex Finance (Ethereum) versus 4.49% on Curve LlamaLend (Ethereum).
Typical pools pay about 5.67% on Convex Finance and 4.45% on Curve LlamaLend; Curve LlamaLend holds more crvUSD in pools that pass our filters. Median Safety Score: Convex Finance 74/100, Curve LlamaLend 49/100.
Last updated · refreshes every 6 hours (next ≈ 06:07 UTC) · Data: DefiLlama ↗
Convex Finance best
5.67%
CRVUSD · Ethereum
Curve LlamaLend best
4.49%
CRVUSD · Ethereum
Convex Finance TVL
$25.3M
2 pools · median safety 74
Curve LlamaLend TVL
$92.2M
3 pools · median safety 49
Every qualifying pool, ranked
SafetyHow it's scored
5 options match
- 1
Convex Finance
CRVUSD · Ethereum
5.67%30d avg
Now 5.45%TVL $14.2MSteadySteadyDetails
Safety scoreConfidence: High (100% of weighted inputs known)- Protocol size (TVL) · 12%57$518M deposited across the whole protocol (full marks at $10B, zero at $10M).
- Pool size (TVL) · 10%38$14M in this pool (full marks at $1B, zero at $1M).
- Protocol age · 10%100Listed on DefiLlama before Oct 2021, so running for at least 5 years.
- Audits · 12%100Two or more audits listed on DefiLlama. Audits lower, not remove, bug risk.
- Hack history · 12%50Convex Finance hacked Jun 2022, $14K lost.
- APY volatility · 14%93APY has been steady: today 5.45% vs 30-day average 5.67%.
- Reward-token reliance · 10%5545% of today's rate is paid in reward tokens, which can fall in price or stop.
- Stablecoin peg health · 12%70crvUSD's worst daily price in the past year was 0.83% off $1.
- Impermanent-loss risk · 8%100Single asset: no impermanent-loss risk flagged.
DefiLlama's APY outlook: Stable/Up (shown for information, not scored).
Moderate = 60–79. Fewer red flags in public data, not a guarantee and not financial advice. How the score works
- Note
- Curve Lend – sfrxUSD collateral
- Reward tokens
- 2.44% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗Convex Finance website ↗
- 2
Convex Finance
CRVUSD · Ethereum
5.62%30d avg
Now 4.93%TVL $11.1MFallingSteadyDetails
Safety scoreConfidence: High (100% of weighted inputs known)- Protocol size (TVL) · 12%57$518M deposited across the whole protocol (full marks at $10B, zero at $10M).
- Pool size (TVL) · 10%35$11M in this pool (full marks at $1B, zero at $1M).
- Protocol age · 10%100Listed on DefiLlama before Oct 2021, so running for at least 5 years.
- Audits · 12%100Two or more audits listed on DefiLlama. Audits lower, not remove, bug risk.
- Hack history · 12%50Convex Finance hacked Jun 2022, $14K lost.
- APY volatility · 14%85APY has been steady: today 4.93% vs 30-day average 5.62%.
- Reward-token reliance · 10%6139% of today's rate is paid in reward tokens, which can fall in price or stop.
- Stablecoin peg health · 12%70crvUSD's worst daily price in the past year was 0.83% off $1.
- Impermanent-loss risk · 8%100Single asset: no impermanent-loss risk flagged.
DefiLlama's APY outlook: Stable/Up (shown for information, not scored).
Moderate = 60–79. Fewer red flags in public data, not a guarantee and not financial advice. How the score works
- Note
- Curve Lend – sDOLA collateral
- Reward tokens
- 1.90% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗Convex Finance website ↗
- 3
Curve LlamaLend
CRVUSD · Ethereum
4.49%30d avg
Now 4.07%TVL $13.3MSteadySteadyDetails
Safety scoreConfidence: High (100% of weighted inputs known)- Protocol size (TVL) · 12%33$98M deposited across the whole protocol (full marks at $10B, zero at $10M).
- Pool size (TVL) · 10%38$13M in this pool (full marks at $1B, zero at $1M).
- Protocol age · 10%66Listed on DefiLlama 2.6 years ago (full marks at 4 years).
- Audits · 12%0No audits listed on DefiLlama.
- Hack history · 12%0Curve LlamaLend hacked Mar 2026, $240K lost; Curve DEX (same team, different product) hacked Jul 2023, $62M lost; Curve DEX (same team, different product) hacked Aug 2022, $575K lost, funds mostly returned.
- APY volatility · 14%81APY has been steady: today 4.07% vs 30-day average 4.49%.
- Reward-token reliance · 10%7426% of today's rate is paid in reward tokens, which can fall in price or stop.
- Stablecoin peg health · 12%70crvUSD's worst daily price in the past year was 0.83% off $1.
- Impermanent-loss risk · 8%100Single asset: no impermanent-loss risk flagged.
DefiLlama's APY outlook: Stable/Up (shown for information, not scored).
Risky = under 60. Fewer red flags in public data, not a guarantee and not financial advice. How the score works
- Note
- sDOLA collateral
- Reward tokens
- 1.04% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗Curve LlamaLend website ↗
- 4
Curve LlamaLend
CRVUSD · Ethereum
4.45%30d avg
Now 3.86%TVL $16.6MFallingSteadyDetails
Safety scoreConfidence: High (100% of weighted inputs known)- Protocol size (TVL) · 12%33$98M deposited across the whole protocol (full marks at $10B, zero at $10M).
- Pool size (TVL) · 10%41$17M in this pool (full marks at $1B, zero at $1M).
- Protocol age · 10%66Listed on DefiLlama 2.6 years ago (full marks at 4 years).
- Audits · 12%0No audits listed on DefiLlama.
- Hack history · 12%0Curve LlamaLend hacked Mar 2026, $240K lost; Curve DEX (same team, different product) hacked Jul 2023, $62M lost; Curve DEX (same team, different product) hacked Aug 2022, $575K lost, funds mostly returned.
- APY volatility · 14%83APY has been steady: today 3.86% vs 30-day average 4.45%.
- Reward-token reliance · 10%7822% of today's rate is paid in reward tokens, which can fall in price or stop.
- Stablecoin peg health · 12%70crvUSD's worst daily price in the past year was 0.83% off $1.
- Impermanent-loss risk · 8%100Single asset: no impermanent-loss risk flagged.
DefiLlama's APY outlook: Stable/Up (shown for information, not scored).
Risky = under 60. Fewer red flags in public data, not a guarantee and not financial advice. How the score works
- Note
- sfrxUSD collateral
- Reward tokens
- 0.85% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗Curve LlamaLend website ↗
- 5
Curve LlamaLend
CRVUSD · Ethereum
2.90%30d avg
Now 1.98%TVL $62.2MFallingVolatileDetails
Safety scoreConfidence: High (100% of weighted inputs known)- Protocol size (TVL) · 12%33$98M deposited across the whole protocol (full marks at $10B, zero at $10M).
- Pool size (TVL) · 10%60$62M in this pool (full marks at $1B, zero at $1M).
- Protocol age · 10%66Listed on DefiLlama 2.6 years ago (full marks at 4 years).
- Audits · 12%0No audits listed on DefiLlama.
- Hack history · 12%0Curve LlamaLend hacked Mar 2026, $240K lost; Curve DEX (same team, different product) hacked Jul 2023, $62M lost; Curve DEX (same team, different product) hacked Aug 2022, $575K lost, funds mostly returned.
- APY volatility · 14%44APY swings a lot: today 1.98% vs 30-day average 2.90%.
- Reward-token reliance · 10%1090% of today's rate is paid in reward tokens, which can fall in price or stop.
- Stablecoin peg health · 12%70crvUSD's worst daily price in the past year was 0.83% off $1.
- Impermanent-loss risk · 8%100Single asset: no impermanent-loss risk flagged.
DefiLlama's APY outlook: Stable/Up (shown for information, not scored).
Risky = under 60. Fewer red flags in public data, not a guarantee and not financial advice. How the score works
- Note
- sreUSD collateral
- Reward tokens
- 1.79% of the rate is paid in reward tokens, which can fall in price.
- Source
- DefiLlama pool page ↗Curve LlamaLend website ↗
Education, not financial advice. Rates change; DeFi carries smart-contract and depeg risk. Do your own research.
Questions
Which pays more on crvUSD, Convex Finance or Curve LlamaLend?
Right now Convex Finance's best crvUSD pool has the higher 30-day average (5.67%, CRVUSD on Ethereum) against 4.49% for Curve LlamaLend. Comparing typical pools instead of the best one: Convex Finance 5.67%, Curve LlamaLend 4.45%.
Which is safer for crvUSD, Convex Finance or Curve LlamaLend?
Neither is risk-free. On our Safety Score the typical (median) Convex Finance pool here scores 74/100 and the typical Curve LlamaLend pool 49/100. Convex Finance's top-paying pool scores 74/100 (Moderate); Curve LlamaLend's scores 49/100 (Risky). Open any row for the factor-by-factor breakdown.
Which has more crvUSD deposited?
Across pools that pass our filters, Convex Finance holds $25.3M and Curve LlamaLend holds $92.2M. More deposits mean more people trust the pool, but not that it is safe.
How are the pools chosen?
We include every crvUSD pool from either protocol that passes our standard filters: single-asset stablecoin pools with no impermanent loss, at least $10.0M deposited, 30+ days of history and a rate no higher than 25%. Both protocols' versions are grouped together.
How often is this comparison updated?
Every 6 hours, from DefiLlama. Last updated Nov 2, 2026, 03:57 UTC. If the two protocols stop having 3+ qualifying pools between them, this page is removed.
Learn more
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