What Is It?
Stablecoin AMM-based DEX on Ethereum and 6 other networks.
About Curve Finance
Curve Finance is a decentralized exchange (DEX) utilizing an automated market maker (AMM) model focused on stablecoins, assets with the same underlying, and tokens that are highly correlated. This allows users to benefit from lower fees, slippage, and impermanent loss when swapping.
Launched in August 2020, Curve has the largest Total Value Locked (TVL) on Ethereum at ~$15.38b as of 8 March 2022. This represents a whopping 14.38% of the entire network’s TVL. Curve is also available on other blockchains such as Avalanche, Polygon, Arbitrum, Fantom, Harmony, Optimism and xDAI.