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Editorial policyUse Resupply at resupply.fi only if you already understand Curve Lend or Fraxlend and you want to mint reUSD against collateral that keeps earning. Skip Resupply as a first protocol — and read the June 2025 exploit first. Resupply Summer (from 3 August 2026) adds emissions, not a buy call. Educational research, not financial advice.
Resupply mints reUSD against yield-bearing Curve Lend and Fraxlend positions that keep earning. Co-built by Convex and Yearn. Verdict-first guide including Resupply Summer and the June 2025 exploit.
Market context
DeFiLlamaSkip Resupply if you have never used Curve, Convex or Aave, you wanted a beginner savings rate, or you cannot read the June 2025 wstUSR exploit. Collateral stays productive; that does not make the CDP safe. The Insurance Pool is first-loss capital.
Related comparisons
Only if Curve Lend or Fraxlend collateral is already a tool you understand and you want extra reUSD liquidity without selling that yield. Skip it as a first DeFi app. Convex and Yearn co-built it; that is provenance, not insurance. Read /corrections/ for the exploit claim we already had to reverse.
Live TVL sits on DeFiLlama. Our rankings table was stamped 2026-08-27. TVL is assets locked — not a safety score and not a reason to deposit.
You deposit a Curve Lend crvUSD or Fraxlend frxUSD position. It keeps earning lending yield plus Convex boost. You mint reUSD. The borrow rate is designed around half the collateral yield, floored by documented parameters on the app. That spread is the product. It can invert. Leverage looping is optional and not a beginner step.
| Want | Use | Skip Resupply when |
|---|---|---|
| Simple supply | Aave | Always for beginners |
| Curve boost only | Convex | You do not need reUSD |
| Fixed-rate DOLA | Inverse FiRM | You wanted FiRM, not reUSD |
| Yield-bearing CDP | Resupply | You do not know Curve/Frax |
From 3 August 2026 Convex runs extra RSUP and CVX rewards on Resupply activity. That is a growth campaign: emissions on top of the design. When rounds end, bonus emissions end. We do not treat RSUP tape as a reason to mint or to buy the token. LlamaLend V2 sDOLA/sfrxUSD markets are not Resupply markets.
In June 2025 a new wstUSR market was exploited for about $9.6 million via a donation and oracle-class bug on a thin market. The Insurance Pool took first loss as designed; treasury and partners covered part. New markets can still be dangerous when they are empty. Peg risk on crvUSD, frxUSD and reUSD remains.
The app we name is resupply.fi. Convex and Yearn are different domains even though they co-built this CDP. LlamaLend V2 sDOLA and sfrxUSD markets are Curve’s, not Resupply’s. Read the June 2025 exploit before you size anything. This page is the decision, not a minting how-to.
Convex, Curve, Resupply, Inverse Finance and Frax share collateral, gauges and stablecoin rails. Read the flywheel first if you are new to the stack.
FAQ
A CDP that mints reUSD against Curve Lend and Fraxlend yield collateral at resupply.fi. Collateral keeps earning; you mint a stablecoin. That spread can invert. It is not Aave and not LlamaLend V2.
Convex and Yearn, launched March 2025. Co-building is provenance, not insurance. Resupply Summer from 3 August 2026 is a Convex-sponsored emissions campaign, not a buy call.
Yes — June 2025, about $9.6 million, wstUSR market. The Insurance Pool absorbed designed first loss. We reversed an earlier clean-record claim on /corrections/.
No. Educational research only. No price target. We do not recommend minting reUSD or buying RSUP.
Convex takes Curve’s veCRV boost and sells it as a service: deposit LP, get max boost, no four-year CRV lock. Verdict-first guide on cvxCRV, vlCVX, Resupply, and who should stay on Curve alone.
Convex’s Resupply Summer campaign is live: extra RSUP and CVX for Curve Lend and Fraxlend collateral, gauge weight, and a structural positive-carry borrow. Round 1 began 3 August 2026. This is a growth programme, not a price forecast.
Frax issues frxUSD/sfrxUSD and Fraxlend markets that feed Resupply collateral and Curve LlamaLend V2. Verdict-first guide on when USDC or Sky is the simpler dollar.