Total Value Locked
$2.1B
24h Volume
$180.0M
Swap Fee
0.04%
Chains Supported
6
About Curve Finance
Curve Finance specializes in stablecoin and pegged asset swaps using a unique bonding curve algorithm optimized for assets that should trade at similar prices. Launched by Michael Egorov in January 2020, Curve offers just 0.04% fees with minimal slippage, making it the go-to DEX for large stablecoin trades. The veCRV governance model, where users lock CRV tokens for voting power, spawned the 'Curve Wars' as protocols compete to direct liquidity incentives. Curve expanded into lending with LLAMMA and launched crvUSD, its over-collateralized stablecoin with unique liquidation mechanisms.
Supported Blockchains
Features
Pros & Cons
Pros
- Lowest slippage for stablecoins
- Extremely low trading fees
- Deep liquidity for pegged assets
- Powerful governance incentives
Cons
- Complex and dated UI/UX
- Primarily stablecoins only
- Steep learning curve for governance
Fee Structure
Swap Fee 0.04%
Maker Fee Free
Taker Fee 0.04%
Security & Info
Audited
Yes
Auditors
Trail of Bits Quantstamp MixBytes
Governance CRV
Launch Date January 20, 2020