Curve (CRV) Curve Finance is a decentralized exchange running | Crypto Great | Bitcoin | DeFi

Curve (CRV)

Curve Finance is a decentralized exchange running on Ethereum that specializes in swapping between stablecoins. You can think of Curve as the Uniswap of stablecoins.

Curve’s AMM is a liquidity aggregator that pulls liquidity from multiple pools. This allows for low fees and slippage (difference between expected and executed price). Curve provides investors with large amounts of liquidity and the ability to take advantage of arbitrage opportunities between different stablecoins.

A recent example of this arbitrage was when a user executed one of the largest swaps on the protocol last month. They swapped $192.59 million worth of USDT for $193.898 million of USDC. That resulted in over $1.3 million in profit. And $77,000 of that was paid out as a fee to Curve DAO liquidity providers (token holders).

This increased usage of the Curve fi platform has brought daily volume to over $1 billion in April and over $400,000 in fees paid to Curve DAO stakers. We expect to see more users flock to the platform to benefit from its fee structure for token holders.