Curve Finance Hits $1B in TVL

By Abhimanyu Krishnan | News | 17 Aug 2020

Decentralized exchange and liquidity pool Curve Finance (CRV) surpassed $1 billion in total locked value on August 17, only 3 days after the CRV token was launched.

  • Curve Finance was launched in January 2020
  • CRV governance token was launched on August 14, after an anonymous developer pre-empted the launch
  • Prior to CRV's launch, locked in value was approximately $200 million, gaining an extra $800 million in just a few days
  • Curve joins heavyweight Maker (MKR) and lending protocol Aave (LEND) in the $1 billion locked in value club
  • The Curve Finance platform allows for efficient trading for stablecoins, with low fees and slippage
  • Curve Finance is also part of a yield farming program with Syntethix (SNX) and Ren (REN)

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Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


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