Curve DAO
CRV#114
Price chart · 7D
- 7D high
- $0.371
- 7D low
- $0.298
7D price · data to 00:39 UTC.
Market Cap
$447.91M
24h Volume
$110.34M
FDV
$687.54M
Circulating
1.58B CRV
Total Supply
2.43B CRV
Rank
#114
BLOCKINSIDERLoading7D price · data to 00:39 UTC.
| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| BitDelta | CRV/USDT | $18.62M | 0.32% | TRADE | |
| Binance | CRV/USDT | $3.56M | 0.03% | TRADE | |
| Bybit | CRV/USDT | $2.84M | 0.10% | TRADE | |
| OKX | CRV/USDT | $1.96M | 0.10% | TRADE | |
| WhiteBIT | CRV/USDT | $1.86M | 0.32% | TRADE | |
| BTCC | CRV/USDT | $1.77M | 0.06% | TRADE | |
| HTX | CRV/USDT | $1.69M | 1.57% | TRADE | |
| Coinbase Exchange | CRV/USD | $1.65M | 0.19% | TRADE | |
| Kraken | CRV/USD | $1.58M | 0.21% | TRADE | |
| GroveX | CRV/USDT | $1.49M | 0.03% | TRADE | |
| CoinW | CRV/USDT | $1.14M | 0.19% | TRADE | |
| Tapbit | CRV/USDT | $1.09M | 0.26% | TRADE | |
| Hotcoin | CRV/USDT | $1.00M | 0.19% | TRADE | |
| Zoomex | CRV/USDT | $852.67K | 0.10% | TRADE | |
| LBank | CRV/USDT | $850.64K | 0.10% | TRADE |
Top 15 exchanges by 24h trading volume. Block Insider earns affiliate commission from some exchanges listed here. Placement does not affect editorial.
Similar to Uniswap, Curve Finance is an Automated Market Maker (AMM) based Decentralised Exchange (DEX). Unlike Uniswap, its main focus is only to swap between assets that are supposed to have the same value. This is useful in the DeFi ecosystem as there are plenty of wrapped tokens and synthetic tokens that aim to mimic the price of the real underlying asset.
For example, one of the biggest pools is 3CRV, which is a stablecoin pool consisting of DAI, USDT, and USDC. Their ratio in the pool will be based on the supply and demand of the market. Depositing a coin with a lesser ratio will yield the user a higher percentage of the pool.
As such when the ratio is heavily tilted to one of the coins, it may serve as a good chance to arbitrage. Curve Finance also supports yield-bearing tokens. For example, it collaborated with Yearn Finance to release yUSD pools that consisted of yDAI, yUSDT, yUSDC and yTUSD.
Users that participated in this pool will not only have yield from the underlying yield-bearing tokens, but also the swap fees generated by the Curve pool. Including the yield farming rewards in terms of CRV tokens, liquidity providers of the pool actually have three sources of yield.
No comments yet