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DeFi1 month ago

Curve Finance Reports Continued Recovery in Volumes

The stableswap pioneer has seen a partial recovery in trading volumes and TVL after a challenging period.

AW
By Aaron Wood
Technology Editor · 5 min read
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Curve Finance Reports Continued Recovery in Volumes

Curve Finance has reported a partial recovery in trading volumes and total value locked, according to DefiLlama data, following a challenging period that included the founder's leveraged CRV position and various protocol-level exploits.

The team has continued to develop crvUSD, the protocol's collateralised stablecoin, with additional markets and integrations with Llamalend. Governance activity through the vote-locked veCRV model remains among the most active in DeFi.

Competing stableswap venues including Uniswap v3 concentrated liquidity pools and dedicated stable-only DEXs remain a competitive pressure.

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