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Curve Launches Llamalend v2 on Optimism, Supporting Multi-Asset Collateralized Lending

2026-06-10 13:11

Odaily reported that Curve Finance has launched its lending protocol Llamalend v2 on Optimism as the first phase of a major upgrade, with plans to deploy it on the Ethereum mainnet in the second half of 2026. The new version removes the restriction of only supporting crvUSD, allowing almost any combination of collateral and borrowing assets. It also introduces LlamaRisk to handle collateral evaluation and market management. Users can pledge Curve LP tokens as collateral, borrowing funds while retaining market-making exposure, thereby improving capital efficiency. (The Block)

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