What this yield is
- Protocol: Curve Finance AMM
- Networks: Ethereum, Arbitrum, Optimism, Base, Polygon, Avalanche, Sonic
- Receipt token: Curve LP token (e.g.,
3CRV,2CRV,stETH/ETH) - Rewards: Trading fees (reflected in LP token price appreciation)
Curve is a decentralized AMM optimized for efficient trading between assets with similar price behavior — stablecoins, LSTs, LRTs, and closely correlated tokens.
Pool types
- Stablecoin pools
- LST/LRT pools
- Meta-pools
- Tricrypto
- BTC pools
Pools for USD-pegged assets with minimal impermanent loss.Examples: USDC/USDT, crvUSD/stables, 3CRV (DAI/USDC/USDT)
How it works
1
Add liquidity
Deposit one or more pool assets into a Curve pool
2
Receive LP token
Get the Curve LP token representing your pool share
3
Earn fees
Trading fees accrue via LP token price appreciation (price-per-share)
4
Remove liquidity
Burn LP tokens to receive underlying assets plus earned fees
Required inputs
Pending actions
None. Trading fees accrue automatically to LP token value.Key considerations
Impermanent loss
Impermanent loss
Curve pools are LP positions. Users are exposed to relative price movements between pool assets. Even stablecoin pools carry IL risk if one asset depegs.
Multi-asset deposits
Multi-asset deposits
Some pools are 2-asset (USDC/USDT), others are N-asset (3pool, 4pool), and some are meta-pools (LUSD/3CRV). Users can deposit all available assets or a single asset.
APY variability
APY variability
APY depends on trading volume. High-volume periods generate more fees; quiet periods generate less. APY is not fixed.
Gauge rewards
Gauge rewards
Some pools have gauges offering additional CRV rewards. Check individual pool details for incentive availability.
Example flow
Yield IDs by network
Ethereum (200+ pools)
Ethereum (200+ pools)
Full catalog contains 200+ Ethereum pools.
Arbitrum
Arbitrum
Optimism
Optimism
Base
Base
Polygon
Polygon
Avalanche
Avalanche
Sonic
Sonic
See also
Curve Vaults
Curve Savings (scrvUSD) and Lending
LPing Overview
All LP strategies

