Gate News message, April 3, according to Gate market data, as of the time of writing, YB (Yield Basis) is trading at $0.1398. Within the past 24 hours, it has risen 40.20%, with a high of $0.1486 and a low of $0.09923. The total 24-hour trading volume reached $1.2116 million. The current market cap is approximately $12.2908 million. Yield Basis is a DeFi protocol that uses leveraged liquidity and Curve’s crvUSD to increase the returns of BTC and ETH holders, while also aiming to eliminate impermanent loss. The protocol’s total value locked (TVL) currently stands at $170.44 million. It supports multiple markets, including cbBTC, tBTC, WBTC, and WETH,

Curve founder Michael Egorov stated that the stablecoin crvUSD currently has large liquidity alongside mainstream cryptocurrencies, but Bitcoin's volatility could pose greater pressure, requiring consideration of expanding the system's capacity. He mentioned early issues with USDT and pointed out that crvUSD needs to adopt multiple mechanisms to address related pressures, with a future focus on adjusting yield-generating scenarios. The adoption of stablecoins should expand gradually in scale.

River announces that it is in deep integration with Curve, aiming to significantly enhance the on-chain liquidity of satUSD and promote its growth as a core stablecoin asset in the DeFi ecosystem. This collaboration is seen as an important step in "satUSD liquidity expansion" and "stablecoin cross-protocol interoperability," injecting new variables into the multi-chain stablecoin market. It is understood that River is building a cross-chain abstract stablecoin system that connects assets, liquidity, and yields across multiple chains. Curve, known for its efficient stablecoin trading, is a decentralized AMM platform that has long provided low-slippage, high-liquidity asset exchange environments for Ethereum and multiple EVM networks. Its launched stablecoin crvUSD and Llamalend lending system are both based on the LLAMMA liquidation mechanism, which is highly regarded for risk control and capital efficiency.

BlockBeats News, December 12 — Curve DAO announced that it has approved increasing YieldBasis's crvUSD credit line from $300 million to $1 billion. This limit is the maximum credit line but is not allocated immediately; its usage will gradually expand as crvUSD liquidity increases. Curve sets the overall credit limit, while YieldBasis must raise the cap for each YB market within this limit through its own governance voting.