Curve DAO

CRV · DeFi exchange
Checked
Oct 23 2026
The big picture
3 / 10Total score0510
Supply + DemandMax. 10
Hold CRV? We'll warn you first.
Free · 2 coins

Coming next

Jan 7 20275.41M CRV added
Metric 1 of 3

CRV · Coin Supply

New CRV every second, and ended locks add more.

1.5 / 5Heavy
Age6.2 yearssince Aug 2020
Unlocked64.9%of total supply
Last 90 days+2.26%new supply
Next 90 days+2.00%estimate

CRV runs Curve, a stablecoin exchange and lender: 1.57B coins circulate, 65% of all CRV made so far. Locked CRV does not count as circulating.

Sell pressure. Liquidity rewards created 25.44M CRV in 90 days, and 11.46M came out of ended locks. Old 2020 rewards added 918K.

Buy pressure. New locks took in 2.22M CRV. Nothing is bought back or burned.

Net. Net, supply grows about 2.26% in 90 days, and about 2.00% next.

Inflation
Last 90 Days
+2.26%
checked · Oct 17 2026
Net flow: 2.26% of supply goes to market over 90 days
Next 90 Days
+2.00%
estimate
Net flow: 2.00% of supply goes to market next 90 days
Supply growing · projected to keep growing
Upcoming · Next 90 Days
  • Large veCRV locks end5.41M CRV
    Jan 7 2027 · can be withdrawn to the market
Sell pressure
1. Protocol inflation
~25.44M CRV

New CRV is released every second to people who provide liquidity on Curve, and it is created when they claim it. In these 90 days 25,437,980 CRV was claimed. The yearly cut came on Aug 12 2026: the release rate fell from 3.66 to 3.08 CRV a second, about 1.86M a week, so the next 90 days bring about 23.96M.

checked · Oct 17 2026
2. Vesting unlocks
~918.4K CRV

Team, investor and staff vesting is over. One old contract still holds 10.29M CRV that early liquidity providers earned in 2020 and never claimed. They took out 918,360 CRV this window, 706,795 of it in one claim. Without that one claim, the pace is about 212K per 90 days.

checked · Oct 17 2026
3. Foundation + unscheduled unlocks
0

A DAO reserve contract holds 845,144 CRV and did not move. The DAO treasury went from 0 to 5.73M CRV after a multisig sent it 6.3M, and it paid 568,181 CRV into a one-year stream for a risk team. The treasury and that multisig (1.52M CRV left) already count as circulating, so their moves add no new supply.

checked · Oct 17 2026
4. Long-term locked or bankruptcy
~11.46M CRV

841.39M CRV sits locked for voting power, and locked CRV is not counted as circulating. When a lock ends, the owner can take the coins out: 11,463,592 CRV came out in 90 days. About 14.08M has already finished its lock and not been taken out, and 7.11M more finishes in the next 90 days (5.41M of it on Jan 7 2027). At this window's pace, about 9.51M comes out next.

checked · Oct 17 2026
Buy pressure
1. Programmatic buyback
0

Curve does not buy CRV back. Trading and lending fees are paid out to people who lock CRV, in crvUSD.

checked · Oct 17 2026
2. Protocol fee burn
0

No fee is burned. The small amounts of CRV destroyed or lost by mistake are counted in row 5.

checked · Oct 17 2026
3. Foundation buy
0

Nothing shows the DAO, the treasury or the team buying CRV in this window. The treasury received CRV from a multisig, which is a move between holders.

checked · Oct 17 2026
4. New long-term lock
~2.22M CRV

People locked 2,218,345 CRV for voting power and fee income in these 90 days, which takes it out of the circulating count. Many lockers keep re-locking for the full four years: 634.9M CRV is set to end in Oct 2030.

checked · Oct 17 2026
5. Burned or stuck coins
~12.75K CRV

12,678 CRV was sent by mistake to the CRV contract itself, where it can never move again, and 72 CRV was burned. This happens a little every window.

checked · Oct 17 2026
Supply check · sell, buy & net
 
Last 90D
Next 90D
Sell total (M CRV)
37.820
33.681
Buy total (M CRV)
2.231
2.231
Sell % of circ
+2.402%
+2.139%
Buy % of circ
+0.142%
+0.142%
Net inflation %
+2.261%
+1.998%
Circulating supply: 1574.275M CRV
Read the full Inflation Analysis
CRV: liquidity rewards and ended locks add far more coins than new locks take in.
Long-form mechanism walk. ~5 min.
Metric 2 of 3

CRV · Coin Demand

Two sides: how much people want CRV right now, and how much buying could come later.

1.5 / 5Very weak

Current demand1 / 2.5

It shows how hot CRV is right now. A better rank means more people are talking about it.

CRV on social mediaIts rank among the 110 coins we follow · last 12 months · #1 = most talked about
#67 · Oct 17 2026

Today, people are talking about CRV for two reasons:

  1. 1
    Curve paid veCRV holders almost 50% more this week.

    Curve's weekly update of Oct 23 2026 shows $152,400 paid to veCRV holders, up 48.7% from the week before. Llamalend lending also grew to $257 million, up 3.5%, with 1,227 loans. People ask if rising fees can help CRV after its drop this week.

  2. 2
    Curve holders vote on doubling a crvUSD lending limit.

    A Curve DAO vote that closes Oct 29 2026 would raise the crvUSD limit for the sreUSD market from 30 million to 60 million. An earlier vote already doubled another market's cap, to 25 million crvUSD. People ask if more lending room means more fees for CRV holders.

Checked Oct 23 2026

Metric 3 of 3

CRV · Price DriversBeta

The few things that can move CRV's price that supply and demand miss.

1 · Convex's vote share

Quiet
Lockers keep buying CRV → price upnowLockers shrink → price down
ConvexYearn + StakeDAO
0204060202420252026Convex54.3%25.9%
0204060202420252026Convex54.3%25.9%

Convex holds over half of all CRV voting power, rising since 2024.

Data
DateConvexYearn + StakeDAO
Aug 31 202654%25.7%
Sep 30 202654.1%25.9%
Oct 10 202654%26%
Oct 17 202654.3%25.9%
Checked Oct 17 2026

2 · crvUSD supply

Quiet
More crvUSD borrowed → price upnowcrvUSD shrinks → price down
crvUSD on Ethereum
0100200300400202420252026239M crvUSD
0100200300400202420252026239M crvUSD

crvUSD is far above its 2024 lows but swings a lot.

Data
DatecrvUSD on Ethereum
Jul 31 2026225 M crvUSD
Aug 31 2026280 M crvUSD
Sep 30 2026250 M crvUSD
Oct 24 2026239 M crvUSD
Checked Oct 17 2026

Curve DAO (CRV) supply: questions people ask

Is Curve DAO (CRV) inflationary or deflationary?

Curve DAO (CRV) is inflationary right now: its supply changes +2.00% over the next 90 days and +7.90% over the next year (checked Oct 17 2026). More CRV is added than removed.

What is the CRV inflation rate in 2026?

About +7.90% a year: that is how much Curve DAO (CRV) supply changes over the next 12 months, with +2.00% in the next 90 days (checked Oct 17 2026). That puts CRV #33 of 101 coins we track for new supply (#1 = the most new supply).

When is the next CRV token unlock?

No dated Curve DAO (CRV) unlock is scheduled in the next 90 days (checked Oct 17 2026). New CRV still arrives: about 33.7M CRV in 90 days.

Does Curve DAO burn or buy back CRV?

Yes. In our count, about 2.23M CRV is expected to leave the market over the next 90 days through burns, buybacks or locks (checked Oct 17 2026). How it works: No buyback and no fee burn; new veCRV locks took in 2.22M CRV and 12.7K CRV was lost to the token contract or burned.

Where does new CRV supply come from?

In our count, about 33.7M new CRV reaches the market over the next 90 days (checked Oct 17 2026). How it works: 25.44M new CRV from liquidity rewards and 11.46M out of ended veCRV locks in 90 days, plus 0.92M of old 2020 reward claims.

How much CRV is in circulation?

About 1.57B CRV is in circulation (checked Oct 17 2026). Over the next 90 days that changes +2.00%, and over a year +7.90%.

Does CRV have more new supply than FLR, RAY or TRUMP?

Over the next 90 days (checked Oct 17 2026): CRV +2.00%, FLR +1.06%, RAY +0.23%, TRUMP +15.77%. CRV sits in the middle of these 4 coins.

Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →

How does MrNasDog judge every coin, and why is +2.00% shown in red?

We look at two things: supply and demand. Fewer new coins mean less selling pressure. We also show each coin's age, with a warning when it is younger than 1 year. Demand shows how much people want the coin. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss. CRV supply grows +2.00% in the next 90 days, so it shows in red: more CRV reaches the market than is removed. Zero or falling supply is always green, any growth is red.

What do Watch CRV alerts cover?

One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.

Related supply research: FLR +1.06% · RAY +0.23% · TRUMP +15.77% · All crypto inflation rates (110 coins) → · Full CRV supply report → · Embed this coin

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