Curve Finance launches recovery pool for lenders hit by 2025 crash, offering exit or hold options.

Curve Finance has introduced a new liquidity pool using crvUSD and cvcrvUSD tokens to help lenders affected by the October 10, 2025 crash in the CRV-long LlamaLend market. This pool allows affected lenders to either sell their claims for liquid crvUSD, hold their claims in hope of market recovery, or provide liquidity to earn incentives. Recovery is projected to start around a CRV price of $0.957 and full recovery near $1.242, though these are model estimates without guarantees. Additionally, Curve plans to enhance recovery efforts through potential gauge incentives and improved risk transparency, alongside developing a more resilient LlamaLend V2 lending platform.