$2.39T
Total marketcap
$177.18B
Total volume
BTC 50.27%     ETH 16.98%
Dominance
Curve DAO

Curve DAO CRV Price

$0.6089 -2.6777%
  • BTC 0.0000099
  • ETH 0.0002

Curve DAO Price chart

Sorry, that's all we've gotfor now...

Statistics

Curve DAO Price $0.6089 All-time high $15.37 Days since ATH 1573
Price change -$0.016 (-2.6777%) Date of ATH Nov 10, 2019 % of ATH 4.00%

Curve DAO Review

Curve DAO (code: CRV)

Founded Date: Aug 12, 2020

Founders:

Michael Egorov
Michael Egorov
Founder & CEO

Curve DAO(CRV) - Coin Trading Data

Curve DAO Price $0.6089
Ticker CRV
Market Capitalization $690.77M
Fully Diluted Valuation (FDV) $1.27B
Value 24h low $0.584
Value 24h high $0.6506
Trade Volume for 24h $143.09M
Current Circulating Supply 1.14B
Maximum Supply 2.08B
Algorithm
ICO Price and ICO ROI
Price Change 24h % -2.6777%
CRV quote $0.6089
Fully Diluted Valuation (FDV) $1.27B

Curve DAO(CRV) ATH - All Time High Price

Curve DAO ATH Price $15.37
CRV quote 1573
ATH Date Nov 10, 2019
All Time High % 4.00%

Curve Profile

Curve Finance is a decentralized trading exchange and liquidity provider for stabelcoin users in the DeFi industry. The exchange is based on Ethereum blockchain and uses automated market maker (AMM) as well as liquidity pools for trading. Curve has its own smart contract for stablecoins, which reduces transaction fees and increases liquidity providers' income.

Overall, Curve reminds one of a typical decentralized crypto-exchange, where users and protocols can exchange stablecoins without paying high fees. But unlike regular exchanges, which only connect a specific buyer and seller, Curve is using liquidity pools.

Liquidity pools are some kind of storage facility where market players store their assets in order to collectively provide very large reserves of liquidity for all those who wish to exchange that asset. In the traditional financial system, such pools would be big banks; they hold the funds of a large number of depositors and can even "print" additional money.

The platform uses Curve DAO token or CRV for its operations. The CRV token is used to stimulate liquidity pools. Areas of use:

  • voting for protocol changes;
  • staking;
  • income increase.

CRV Cryptocurrency Features

Simplicity of the algorithmhe developers aimed to make the ecosystem function with minimal requirements. As a result, the launch of this platform is possible on any device with an Internet connection. The simple technical structure, structure and protocol are obvious as soon as you get acquainted with the platform.
Reduced slippageSlippage is the difference between the deal price and the amount you actually paid for the assets. Curve solves this problem because this platform is focused on national currency-linked assets.
Low commissionsThe technical architecture of the ecosystem provides superior exchange rates for stable coins. Low commissions result from the simple mechanism of smart contracts. Exchange deals are completed in one transaction, which reduces gas price for traders. On average, commissions for exchanging stablecoins using the platform with CRV cryptocurrency are 30% lower than those of Uniswap exchange.
Multicurrency supportWith this platform, you can use the leading stablecoins. Users can trade DAI, USDC, USDT, TUSD, BUSD, PAX and sUSD. The protocol supports Bitcoin-linked pools.

Curve History

  • In November 2019, Russian mathematician Mikhail Egorov first introduced the concept of the project. Initially, the platform was called StableSwap. While searching for a good decentralized exchange (DEX), he faced Uniswap. The functionality and features of the platform did not impress him. This motivated him to create a new project.
  • StableSwap's white paper was published in late 2019.
  • In January 2020, the Curve Decentralized Exchange was launched.
  • In August 2020, this project was listed on major exchanges .
  • In June 2021, the second version of the protocol Curve V2 was launched. It added the ability to exchange between uncorrelated assets. More specifically, the WETH/WBTC/USDT pool was launched.
  • At the end of 2022, the Curve protocol allows exchanging more than forty assets and is deployed in ten networks: Ethereum, Arbitrum, Aurora, Avalanche, Fantom, Harmony, Optimism, Polygon, xDai and Moonbeam.

Token CRV

Curve's ERC-20 standard CRV token, which was released on the Ethereum network, aims to stimulate liquidity providers through cryptocurrency farming and enable users to make protocol-related decisions.

CRV was launched on August 13, 2020, but not the way the Curve team had planned. The software code was published on GitHub beforehand, which was used by an unknown developer to self-deploy the smart token contract.

Since the launch ran without any errors, the project team was forced to make it official.

The token was issued with a maximum offer of 3.03 billion CRV, which was distributed among liquidity providers (62%), the team and investors (33%), and the community reserve (5%).

The emission rate of the token decreases by about 30% each year. CRV can be used for voting within DAO, participating in staking and increasing up to 2.5 times revenue, giving the platform liquidity, which is one of the main functions of a service token.

CRV Staking

Curve staking is implemented through the Proof-of-Voiting protocol. The more CRV a user has, the greater is the power of his vote and the higher will be the reward for staking. While receiving veCRV tokens, the size of the reward also increases.

To freeze CRV, proceed to the Curve DAO website and go to the "Locker" section. Here you can choose the period for freezing your tokens or a specific date. After freezing the assets, the strength of your vote will be displayed as veCRV.

The Curve's Advantages and Disadvantages

Advantages

  • Management. Users can lock their CRV tokens for a minimum of one week and a maximum of four years in order to be eligible to vote on the platform. For a proposition, participants work out details of their idea and post all the necessary information on the management forum.
  • Rewards. Curve Finance rewards CRV to users who provide liquidity to their platform. To do this, the platform uses a sensor that measures liquidity. Each Curve pool has its own liquidity meter that measures the number of investments made by members of the DAO and rewards traders according to their performance.
  • Multichain. Curve is a multi-chain platform that was originally based on Ethereum. However, it is not the only chain of this service. Sidechains also have their own advantages, including speed and cost. The platform plans to connect even more new cryptocurrencies to expand its capabilities and perspectives.

Disadvantages

  • Interface. This drawback may seem insignificant, but the user-friendliness of the platform is really important to traders, especially beginners. Despite the uniqueness and creativity of the Curve platform design, which is designed like the old computer interface, some traders find it confusing and not very user friendly.
  • Multi-protocol. Using multiple different protocols increases security risks for the Curve platform. Perhaps this was the reason for the recent hacker attack on the system by a malicious protocol, which caused a major loss for the company.

Summary

Since the launch of income farming, Curve Finance has become one of the most successful DeFi-protocols in terms of both locked-in liquidity and trading turnover. The huge amount of liquidity provided by Curve allows a host of other DeFi services to use its pools in their ecosystems.

In particular, Curve Finance is integrated with liquidity aggregator 1inch, as well as with the largest lending protocols Aave and Compound. The Curve platform remains one of the most useful tools for decentralized stablecoin trading with low slippage and commissions.

How much is a one Curve DAO worth now?

1 Curve DAO worth $0.6089 now.

What is the price of CRV?

The price of CRV is $0.6089.

What is the Curve DAO max supply?

The max supply of Curve DAO is 2.08B.

What is the Curve DAO stock symbol or ticker?

The stock symbol or ticker of Curve DAO is CRV.

How many CRV coins are there in circulation?

There are 1.14B coins in circulation of CRV.

What is the exchange rate of Curve DAO(CRV)?

The exchange rate of Curve DAO is $0.6089.

What was Curve DAO's trading volume in 24 hours?

Curve DAO's 24-hour trading volume is $143.09M.

What was the highest price paid for Curve DAO?

Curve DAO reached a record high of $15.37 on Nov 10, 2019

Curve DAO Exchange Rates on Trading Markets

# Exchange Pair Price 24h volume Volume % Updated
1 Binance Binance CRV/USDT $0.6092 $32.31M 20.14% 2 minutes ago
2 OKX OKX CRV/USDT $0.6061 $15.55M 9.69% 17 minutes ago
3 HTX HTX CRV/USDT $0.6086 $11.2M 6.98% 18 minutes ago
4 BiONE BiONE CRV/USDT $0.608 $9.09M 5.67% 15 minutes ago
5 Coinbase Exchange Coinbase Exchange CRV/USD $0.6098 $7.54M 4.7% 2 minutes ago
6 Bybit Bybit CRV/USDT $0.6098 $4.98M 3.1% 3 minutes ago
7 Bibox Bibox CRV/USDT $0.6073 $4.93M 3.07% 17 minutes ago
8 Websea Websea CRV/USDT $0.6073 $4.87M 3.04% 15 minutes ago
9 DigiFinex DigiFinex CRV/USDT $0.6067 $4.17M 2.6% 15 minutes ago
10 Gate.io Gate.io CRV/USDT $0.6067 $3.18M 1.98% 18 minutes ago
11 BIT BIT CRV/USDT $0.6006 $3.07M 1.91% 21 minutes ago
12 Bullish Bullish CRV/USDC $0.6092 $3.05M 1.9% 11 minutes ago
13 CITEX CITEX CRV/USDT $0.608 $2.69M 1.68% 15 minutes ago
14 Phemex Phemex CRV/USDT $0.6086 $2.23M 1.39% 13 minutes ago
15 XT.COM XT.COM CRV/USDT $0.6098 $2.23M 1.39% 5 minutes ago