Curve Finance’s new release positions project for AMM takeover

Curve Finance’s new release positions project for AMM takeover

An ETH, WBTC, and USDT trading pool is live on Ethereum, and more trading pairs and pools are expected to be added to the platform in the coming weeks. A new release from a foundational DeFi protocol seeks to combine two popular asset swap models into a hybrid that may reshape the nature of the automated market maker (AMM) space — a DeFi primitive currently accounting for well over $40 billion in total value locked, per DeFiLlama. Earlier today Curve Finance announced the launch of a new “algorithm for exchanging volatile assets.” Curve’s base functionality is designed to enable....

Related News

DAOs in court? Curve Finance ponders enforcing license over rival Saddle

Which takes precedence: the open-source ethos of DeFi, or the natural right to protect the fruits of your intellectual labor? Square peg, meet round hole: a decentralized autonomous organization is pondering taking a rival fork to court. Earlier today, a member of the Curve Finance community made a post in Curve’s governance forum titled “Enforce Curve’s IP Rights.” “Curve has proven incredibly popular, with over $10B deposited, hundreds of millions in daily volume, and around $1M/week in earnings to veCRV holders. This places it among the top of all exchanges in crypto today, even....

Curve (CRV) Up 30%: A Still Undervalued DeFi Project?

Curve Finance’s governance token CRV (not to be confused with CURV – recently acquired by Paypal) token has shot up to $2.46 on March 2nd from its monthly low of $1.80. Even with this recent jump, there is much evidence pointing to CurveDAO still having room to increase.  First, what is Curve? Curve describes itself as a place to “exchange stablecoins (DAI to USDC for example) through it with low fees and low slippage.” But […]

DeFi wars heat up as Curve Finance TVL hits $3.99B, surpassing Uniswap

Curve Finance has surpassed Uniswap’s total value locked, a sign that competition between DeFi protocols is heating up. As decentralized finance grows in prominence, a battle of the DEXs is brewing between several of the top protocols like Uniswap (UNI), SushiSwap (SUSHI) and Curve DAO (CRV) as the growing list of platforms vie for investor liquidity and transactions on the network. In terms of total value locked, DeFi lending platforms currently dominate the space with the top 3 positions currently occupied by Maker (MKR), AAVE, and Compound (COMP). Decentralized exchanges hold the next....

Afghans Turn To Bitcoin Stability After Taliban Takeover

Bitcoin adoption in Afghanistan has increased as citizens seek stability in the face of cash shortages and rising prices after Taliban takeover.

As Yearn.Finance’s yield vaults grow, ‘crop’ projects define boundaries

Alchemix and Yearn.Finance appear to be squaring off with Curve and PoolTogether, but for now there appear to be harmonious solutions. With millions and even billions of dollars at stake, industrial-scale yield farming is leading to pockets of resistance as some projects refuse to be left with the chaff. In the past week, team members from no-loss lottery project PoolTogether and exchange liquidity pool provider Curve Finance have proposed ways to reduce the load Yearn.Finance strategies place on their protocols and governance tokens. In a Tweet on Sunday, PoolTogether co-founder Leighton....