Interesting classification by @Forbes. But that's not wrong, with DEX having the biggest TVL in Curve but crvUSD being the biggest revenue generator - Yield Generation is a fair category!

https://www.forbes.com/sites/roomykhan/2024/08/07/defi--financial-alchemy-in-a-trillion-dollar-market/

ezETH and pzETH pools from @RenzoProtocol offer a very big variety of points

Looks like @tokenterminal just made all the fee data correct! Fees seem to match other sources

https://tokenterminal.com/terminal/projects/curve

Another good one to try for leveragooors is this bot https://www.curvebot.fi/curve-leverage-lending/: doing leverage using http://crvusd.curve.fi and managing the position.

Built by @palomabotai

Looking at this dashboard https://dune.com/mrblock_buidl/Curve.fi - looks like over 1 year we had ~190M CRV locked (while emissions over 1 year (going to LPs) were 163M CRV.

Most of those 190M CRVs were locked in the last 2 months

Apparently @DeFiSaver has an excellent tool which can migrate loans between platforms (for smart wallets). Excellent for rate arbitrage, as well as lowering liquidation price in one click

https://app.defisaver.com/shifter

That's how protection from dips on https://t.co/oOi48fvtQi or https://t.co/oRLTRckhyx works. This position went below liquidation price, and the system was selling collateral for stablecoins or bought collateral back on the way up.

After the drop, user had to repay few % of debt to avoid hard liquidation, and system had enough health to travel back up. So position is back from liquidation (yay), but lost some 4% of collateral due to wild market action.

LRT pools are doing very well. This one (https://curve.fi/#/ethereum/pools/factory-stable-ng-157/deposit) has 870% utilization

On http://crvusd.curve.fi, some positions went fully soft-liquidated, but they are still open! They will be automatically converted to ETH on the way up (if they keep watching their health)

Missed this yesterday. It appears, that Uni3-style concentrated liquidity could not keep up with markets (moving it makes "impermanent loss" permanent), while Curve liquidity in crypto pools is automatically managed.

So while Curve is an AMM, Uni3 is closer to orderbooks

All of the recent Curve developments will (again) be published in http://news.curve.fi. For example:

https://news.curve.fi/ahead-of-the-curve-august-24-2/

veCRV locks are still going strong: 12.27M CRV locked since Thursday

This guy seems to be playing it safe. Chooses many bands on http://crvusd.curve.fi and repaying some debt when goes to the "yellow" region.

Will likely never be liquidated despite keeping this position, whatever the ETH price is

While @defidotmoney might not yet be launched, their pool has the highest fee APY on Optimism, followed by a sUSD pool.

Testing in prod before launch is a good thing!

Tricrypto pools are printing well in such volatility. TricryptoUSDT has params which lead to higher fee APR on average, TricryptoUSDC - to higher volume

Getting crypto economy relieved by 0.01% borrow rate. People start borrowing in size

P.S. No vote or emergency Fed meeting was done for that, just code

DEX trading volume in a day is remarkably larger than its TVL, with multiple pools having few hundred % utilization

crvUSD borrow rates below 0.1%

What new users of https://t.co/oOi48fvtQi and https://t.co/oRLTRckhyx need to grasp is when hard liquidations may happen during soft liquidations.

Yellow range is where your crypto converted to/from crvUSD. That causes losses and health reduction.

Hard liquidations are NOT at a certain price, but when health hits zero. Health reduces faster if volatility is high but slower as things calm down.

Health losses stop as soon you are above or below the yellow range.

Soft-liquidation system had a big stress-test.

And while it worked reasonably well, there will be a proposal to change parameters of markets making them more resilient in such volatility.

P.S. It appears that BTC markets on http://crvusd.curve.fi did better than ETH