Here are today’s trends to watch from Curve Market Cap
sUSD leapt into the top volume spot from out of nowhere, with daily APY jumping from 0.6% to 4.9% overnight. The spike is attributed to the launch of the Basis Cash Interface and their BAC/sUSD farm.
USDT daily yields doubled on an uptick to $200K in volume, perhaps also related to this new farm.
musd also saw a spike overnight with over $1MM volume and daily APY up 3.5x to 2.55%. The reason for the spike is unclear, with MTA LP rewards at a relative low of 21.51%.