crvUSD/USD price feed
Most stablecoins are priced against one or two neighbors. crvUSD has been quoted by nearly every major flavor of on-chain dollar at one reading or another. A level this connected has to agree with the whole neighborhood at once, which is what makes it worth publishing.
Aggregate on-chain rate: hourly view of the last 4 weeks. The API itself updates block by block. Request API access
Book composition · auto-observed
This book is shared across chains at the moment, with one pool holding the largest single slice.
Which crvUSD this page prices
First the name. Some listings resolve these seven letters to the governance token of the same ecosystem, an asset that trades at a fraction of a dollar, so two quotes can differ by a factor of five without either being a typo. This page prices the stablecoin: the dollar token minted against collateral in Curve's lending markets.
That token spends its existence surrounded by its own kind. Its book has drawn quotes from across the on-chain dollar spectrum, fiat-backed majors alongside savings-rate instruments, payment dollars plus fellow protocol dollars. Few assets in this catalog are measured against so many different versions of the same idea.
The level is reported as observed, pinned to a block, with the chain-by-chain composition summarized below.
What a well-connected dollar buys you
Each quote leg is a separate check on the number. A pool that drifts out of line with the rest of the book gets outweighed by venues that stayed put, so the published level leans on agreement across many independent crosses rather than on any single pool's behavior.
The geography of a well-connected dollar shifts with liquidity, which is why this page does not fix it in words: the composition below shows the split as of the current reading.
Where a quote token carries a savings rate of its own, that yield never leaks into this number, because every leg is priced through its own market before the crvUSD level forms. What survives that resolution is the thing a reader came for: dollars against dollars, nothing compounding in between.
The number the depeg searchers want
People search for this token's name next to the word depeg. The productive answer is not reassurance, it is a measurement: here is where the price stands, here are the venues it was read from, here is the block it was read at. Whether that constitutes drift is a judgment the reader stays in charge of.
The scale behind the measurement is easy to underrate. Weekly volume across the book has cleared tens of millions of dollars, with seven-figure depth standing within one percent of the mid. Small search footprint, serious market.
For monitoring, the useful pair is level plus composition. A price easing away from par while its deepest crosses stay orderly reads differently from the same price with venues dropping out of the book. This page publishes both halves, refreshed reading by reading; the neighborhood is the telemetry.
Who runs on this rate
Risk desks monitoring stablecoin exposure
A desk with crvUSD on its books gets the two things drift analysis needs: the unrounded level plus the venue map behind it, at a stated block.
Credit desks against crvUSD collateral
Markets that liquidate positions gradually still need a defensible reference price; this feed provides one with its provenance open.
Treasuries spread across dollar flavors
A treasury holding several kinds of on-chain dollar can watch how this one prices against most of the others, in one composition.
Where the crvUSD market lives
Active crvUSD/USD pools per chain, as observed by the feed on 2026-10-27.
crvUSD in the catalog
11 pairs, each computed from its own pools with the same methodology:
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