Kerne Honesty Index

Curve scrvUSD

Live . ethereum . 0x0655977FEb2f289A4aB78af67BAB0d17aAb84367

What this vault advertises, against what it actually paid, measured from its own share price on chain over a 30 day window. Everything below is recomputed hourly and every figure on this page comes from the snapshot named at the bottom. Nothing here is typed by hand.

advertised as a projection off current market conditions, which reprices continuously, against a 30 day realized window, so no gap is stated.

What Curve published.

Context for this row.

Live and accruing, with the lowest advertised rate on this board and a realized figure close to it. scrvUSD is the savings vault for crvUSD, and its yield comes from interest paid by crvUSD borrowers rather than from a strategy Curve markets. The figure quoted here is the projected APY published by Curve's own pricing service, the same source its front end reads. It is a forward projection off live borrow demand, not a trailing average and not a rate Curve sets and holds, so it is recorded as a projection and this row states no gap. That distinction is doing real work here rather than being pedantry: across the thirty days this row measures, Curve's own published projection ranged from about 0.51 to about 1.59 and stands near 0.83, so which value a reader catches depends on the morning they look, while the realized column beside it is an average over the whole period. That range is wider than the one this row carried a fortnight ago, on the same field, read the same way. Both numbers are shown with their dates and the reader can do what they like with them. A row this size is on the board deliberately: a scoreboard that only measured the large products would be measuring the survivors.

This figure is a projection off current market conditions, which reprices continuously, and our realized column is a 30 day window. The projection was never in force for that month, so subtracting one from the other would report where the projection happened to be standing when it was read rather than anything the protocol paid or failed to pay. We show both and state no gap.

This page measures one axis and one only: advertised yield against realized yield. It is not a rating, not an audit, and it says nothing about whether Curve is safe or whether its reserves are what it says they are. A protocol in an announced wind down paying nothing is behaving correctly. The reserve axis is a different page, at the reserve transparency scorecard.

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