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8 saved offering identities. crvUSD
SUPPORTED NETWORKS
Ethereum V2 lending vaults and controller-managed loans.
How Curve LlamaLend works · 4 steps
Collateral / borrowed asset
Activity & recovery
Collateral is a changing position.
A LlamaLend loan distributes collateral across price bands. As price moves through those bands, LLAMMA can exchange collateral into the borrowed asset and back. The converted balance is part of the position, not spare wallet funds.
Lenders hold separate vault shares. Lending liquidity and collateral health affect different exit paths.
How do I open a loan?
Choose a market, collateral amount, debt amount and 4–50 bands. Review the health preview, approve the exact collateral amount if required and sign the loan transaction. Existing collateral and debt are checked again before submission.
How do I repay and recover collateral?
Partial repayment reduces debt with a reviewed active-band bound. Full close uses a finite maximum wallet spend; the controller applies converted collateral and current debt, then returns remaining collateral. If repayment needs more than the approved cap, the transaction reverts.
What can I withdraw as a lender?
Withdraw specifies underlying assets, while redeem specifies vault shares. Both are limited by available liquidity and the protocol’s minimum remaining assets. Check the live limit and review again if conditions change.
Which version is supported?
This page uses factory-verified LlamaLend v2 markets on Ethereum. Legacy v1 loans, callbacks, leveraged zaps, third-party liquidation and market creation are not included.
Browse individual Curve LlamaLend markets
Browse every market and directory page →Curve LlamaLend
Choose the network and exact offering
Lending uses underlying assets or shares; loans use separate collateral and debt amounts.
KNOW WHAT HAPPENS NEXT
A clear path from entry to exit.
Lending uses underlying assets or shares; loans use separate collateral and debt amounts.
Read the Curve LlamaLend guide →Understand the supported scope
Ethereum V2 lending vaults and controller-managed loans.
When an action is pending
During soft liquidation some collateral can become borrowed assets. Read all position components before deciding an exit.
Before signing
Check the network, owning wallet, exact asset, amount and receiver. Keep gas for the next step. Approval, execution and settlement can be separate events.