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Curve Becomes Third DeFi Protocol To Hit $1 Billion In Total Value Locked

Tracy CHEN

Summary: Curve, a decentralized exchange (DEX) for trading stablecoins, has become the third decentralized finance (DeFi) protocol to hit $1 billion in total value locked. This milestone follows just one day after non-custodial lending and borrowing protocol Aave hit the $1 billion mark.Earlier last week, Curve was forced to launch its governance platform and native CRV ...

Curve, a decentralized exchange (DEX) for trading stablecoins, has become the third decentralized finance (DeFi) protocol to hit $1 billion in total value locked. This milestone follows just one day after non-custodial lending and borrowing protocol Aave hit the $1 billion mark.
Earlier last week, Curve was forced to launch its governance platform and native CRV token early after an anonymous developer deployed its smart contracts without the knowledge of the Curve team. Since then, the platform has seen significant inflows of capital deposits as users attempt to collect CRV token rewards for their capital contributions.

Tracy Chen

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