According to Curve data, the number of crvUSD stablecoins minted by Curve has exceeded 155 million, with a current total of 155,369,165. The value of collateral based on wstETH is $109 million, the value of collateral based on WBTC is $104 million, the value of collateral based on ETH is $25.1599 million, and the value of collateral based on sfrxETH V2 is approximately $23.6124 million.

Data from the Curve website shows that the number of crvUSD stablecoins minted natively by Curve has reached 150 million, as of the time of writing, it is 151,292,240. Among them, the value of collateral based on wstETH is $110 million, the value of collateral based on WBTC is $101 million, the value of collateral based on ETH is $22.42 million, and the value of collateral based on sfrxETH V2 is approximately $23.84 million. It is worth noting that the amount of ETH collateral in crvUSD now exceeds that of sfrxETH V2.

Curve initiated a governance vote on whether to temporarily suspend the xDAO bridge before the audit is completed. (This feature is currently not yet enabled). The xDAO bridge is a new cross-chain method launched by Curve. The team stated that this new feature has simple and elegant code, but people still need to carefully inspect it. The vote will end on November 17th.

Curve stated on social media that they will temporarily disable the new method for CRV cross-chain (which has not been used) until the review is completed.

According to PeckShield's monitoring, an unknown MEV robot was used to cause a loss of $2 million in multiple large exchanges in the Curve pool, resulting in arbitrage of simple reverse exchanges.

On November 7th, the Aave community voted in favor of a proposal to lower the CRV liquidation threshold for Aave V3 on Polygon, with a support rate of 99.99%. The proposal aims to reduce the CRV liquidation threshold for Aave V3 on Polygon by 15%, from 65% to 50%.

On November 6th, Michael Egorov, the founder of Curve, proposed to deploy Venus Protocol on the Ethereum mainnet to the Venus Protocol community on the BNB Chain lending protocol. The proposal suggests deploying Venus Protocol on the Ethereum mainnet and using Curve tokens crvUSD and CRV as collateral and borrowable assets. Curve will provide incentives using 500,000 CRV and require Venus to match this mining incentive with XVS, doubling the reward and providing an annual interest rate of 10%.

Data from Santiment shows that Curve has witnessed another significant increase in holdings of 1-10 million CRV tokens by whale addresses. In just 24 hours, these addresses have increased their holdings by 9.5%, worth $9.5 million. A large portion of these holdings come from dormant wallets that have been active since July.

Scopescan has monitored that Curve founder Micheal Egorov has just received 11.85 million CRV (worth $5.08 million) from vested contracts. Based on the cash-out schedule and the current price of CRV, Micheal can receive: 548,600 CRV per day (worth $235,000), and 16.7 million CRV per month (worth $7.16 million).

The stablecoin USDM issued by the stablecoin protocol Mountain Protocol with stable profits has been launched on Curve's crvUSD-USDM liquidity pool. USDM is supported by short-term US Treasury bonds and provides daily rewards to users in Rebase form, with an annual interest rate of 5%.