---
title: "Savings crvUSD (scrvUSD) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/scrvusd-curve/"
description: "Build-time stablecoin profile for Savings crvUSD (scrvUSD). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-15"
---



# Savings crvUSD (scrvUSD)

**Peg:** US Dollar

**Backing:** Crypto-Collateralized

**Governance:** CeFi-Dependent

**Status:** active

## Overview

Curve's savings share for crvUSD, whose value grows as Curve routes part of borrower interest and protocol revenue into the vault.

scrvUSD is the savings share for Curve's crvUSD system. It is backed by deposited crvUSD, but its value grows as Curve routes part of crvUSD borrower interest and protocol revenue into the vault. The result is a cleaner hold-for-{{term:yield-bearing}}yield{{/term}} version of crvUSD, while still inheriting the base stablecoin's BTC/ETH {{term:cdp}}CDP{{/term}} collateral profile and peg-defense design.

## Collateral

crvUSD deposited into Curve's savings vault; the wrapper remains fully backed by crvUSD while a share of borrower interest and protocol revenue compounds through the vault exchange rate

## Peg Mechanism

Deposit crvUSD to mint scrvUSD and redeem scrvUSD for the current convertToAssets amount of crvUSD; the share price rises as Curve redirects part of crvUSD borrowing revenue to scrvUSD depositors

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0x0655977feb2f289a4ab78af67bab0d17aab84367` | 18 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/scrvusd-curve.