crvUSD
CRVUSD #172Project Safety Score: 71%
Updated 1 minute agocrvUSD is a stablecoin designed as a collateralized-debt position (CDP). It is pegged to the US Dollar for price stability.
This stablecoin operates within the Curve DAO ecosystem, utilizing its own technical architecture. Its primary use case revolves around providing a stable and decentralized digital currency while ensuring liquidity for users.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
Peg stability score 72 out of 100. The current peg is at 1.0000 with the price around $0.9998 (a small change of 0.0002), indicating tight tracking at the moment. Market cap is $255,318,819, which places the asset in a mid-to-lower market cap tier for this scoring framework, supporting stability but not placing it at the highest scale level.
Inherent crypto risk for this stablecoin remains that even small deviations can matter if liquidity is thin during stress, and stablecoin values ultimately depend on the underlying mechanisms maintaining the target price. As with all crypto assets, smart contract and market conditions can change quickly, so ongoing monitoring of peg behavior and liquidity is important.
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Prior: Founder of Curve FinanceKnown for his significant contributions to the DeFi space, particularly in stablecoin innovations.
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Comprehensive audit confirming the security and functionality of Curve Finance's smart contracts.
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hack 2024-06-13 · $30000000Liquidation of loans tied to Curve's founder led to a significant drop in CRV token price. ↗
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CoinDesk · 2024-06-13
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The Block · 2023-05-04
- ✓Curve Finance's proactive approach in redeploying crvUSD to address deployment issues.
- ✓Comprehensive audit by CertiK confirming the security of Curve Finance's smart contracts.
- ✗Founder Michael Egorov's significant loan positions tied to CRV tokens pose potential risks to the token's stability.
Price Chart
Contract Security
0xf939e0a03fb07f59a73314e73794be0e57ac1b4eOn-Chain Facts
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0x370a449febb9411c9…35.12% -
0xa920de414ea4ab66b…9.47% -
0x4e59541306910ad6d…8.89% -
0x100daa78fc509db39…6.92% -
0x9201da0d97caaaff5…6.46% -
0xfb726f57d251ab5c7…4.84% -
0xec0820efafc41d894…2.34% -
0xf8c786b1064889ffd…2.34% -
0x1c91da0223c763d2e…2.24% -
0x3fa20eaa107de08b3…2.15%
crvUSD Exchanges
Top 9 by trust scoreView on Chain
Market Stats
Recent News
Savings crvUSD Price ()
crvUSD Price Today: €0.848136 (+0.01%) | Buy CRVUSD on LCX
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crvUSD