Express

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

Last Update:

Tags:
Link: Curve Becomes Third DeFi Protocol To Hit $1 Billion In Total Value Locked   [Copy]
  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 5 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 6 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 16 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 18 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 19 days ago
  • You need to login to comment.