Curve (Ethereum)
AMMRank #33Curve Finance is a decentralized exchange (DEX) and AMM protocol specifically engineered for efficient trading of stablecoins and correlated assets with minimal slippage. Founded by Michael Egorov and launched in January 2020, Curve has become a cornerstone of the DeFi ecosystem, providing deep liquidity for stable asset pairs that underpin much of on-chain finance. The protocol's distinctive StableSwap invariant bonding curve minimizes price impact for like-kind asset swaps (e.g., USDC/USDT, stETH/ETH), making it the preferred venue for large stablecoin trades and liquid staking token swaps. Curve has since expanded its product suite to include the crvUSD decentralized stablecoin and Llamalend — a permissionless lending protocol featuring the innovative LLAMMA liquidation mechanism that gradually liquidates positions rather than triggering sudden forced sales. Curve operates across a wide range of networks including Ethereum, Arbitrum, Optimism, Base, Polygon, Fraxtal, Sonic, Taiko, Gnosis, Fantom, BSC, and Avalanche. As of 2026, the protocol maintains approximately $1.64 billion in TVL and has processed over $334 billion in cumulative trading volume. Governance is powered by the CRV token and veCRV (vote-escrowed CRV), which allows holders to boost liquidity rewards and direct protocol incentives.
24H Volume
$51.22M
-28.42% (24h)
7D Volume
$32.77M
-94.73% (7d)
30d Volume
$1.50B
-59.57% (30d)
Open Interest
—
Volume Breakdown (24h)
Spot Volume
$60.98M
Trading Markets
253
Date Launched
Jan 2020
Exchange Type
amm
Visits
55.4K
Supported Assets
116
Volume History (30d)
Avg Daily Vol (30d)
$223.50M
Peak Daily Vol (30d)
$1.044B
Daily 24h volume over the last 30 days · Curve (Ethereum)
About Curve (Ethereum)
Curve Finance is a decentralized exchange (DEX) and AMM protocol specifically engineered for efficient trading of stablecoins and correlated assets with minimal slippage. Founded by Michael Egorov and launched in January 2020, Curve has become a cornerstone of the DeFi ecosystem, providing deep liquidity for stable asset pairs that underpin much of on-chain finance.
The protocol's distinctive StableSwap invariant bonding curve minimizes price impact for like-kind asset swaps (e.g., USDC/USDT, stETH/ETH), making it the preferred venue for large stablecoin trades and liquid staking token swaps. Curve has since expanded its product suite to include the crvUSD decentralized stablecoin and Llamalend — a permissionless lending protocol featuring the innovative LLAMMA liquidation mechanism that gradually liquidates positions rather than triggering sudden forced sales.
Curve operates across a wide range of networks including Ethereum, Arbitrum, Optimism, Base, Polygon, Fraxtal, Sonic, Taiko, Gnosis, Fantom, BSC, and Avalanche. As of 2026, the protocol maintains approximately $1.64 billion in TVL and has processed over $334 billion in cumulative trading volume. Governance is powered by the CRV token and veCRV (vote-escrowed CRV), which allows holders to boost liquidity rewards and direct protocol incentives.