Curve DAO Token price

in TRY
₺36.9614
-₺0.48403 (-1.30%)
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Market cap
₺51.20B #53
Circulating supply
1.38B / 3.03B
All-time high
₺2,562.52
24h volume
₺12.56B
4.2 / 5
CRVCRV
TRYTRY

About Curve DAO Token

DeFi
CertiK
Last audit: --

Curve DAO Token’s price performance

267% better than the stock market
Past year
+277.99%
₺9.78
3 months
+41.23%
₺26.17
30 days
+83.02%
₺20.20
7 days
-8.10%
₺40.22

Curve DAO Token on socials

DefiMoon 🦇🔊
DefiMoon 🦇🔊
UPDATE #5: $6.2m in $CRV flew out of exchanges today 📊🔥 Moon🌕Math: In the next two weeks CRV annual inflation drops down to just 5.34% (315.6k CRV/day, $290k/day)..... so current daily outflows are more than 20x the daily emissions!! Even if average daily outflows drops to just $2m per day, that still 10x daily emissions at current price.🤯 Supply shock pretty much guaranteed at some point in the near future.... $CVX .... $crvUSD ....⚙️....
DefiMoon 🦇🔊
DefiMoon 🦇🔊
UPDATE #4:💥Boom... $10.3m in $CRV flowed out of exchanges today despite overall crypto market being down. Even more impressive are the weekly outflows @ $25m, which is the 3rd highest weekly outflows since the launch of CRV in 2020!!
The Coin Republic
The Coin Republic
Curve Finance Swaps on Arbitrum Could Vanish in Coming Months: Here’s Why
Key Insights: Curve Finance’s Arbitrum usage has dropped below 2% of its total TVL, raising sustainability concerns. A new proposal suggests cutting all L2 developments due to low returns across 24 chains. Ethereum continues to dominate Curve’s fees, volume, and governance focus; L2s are barely holding on. Curve Finance, a decentralized exchange (DEX) known for stablecoin and low-slippage swaps, might be closing shop on Arbitrum, and possibly other Layer 2 (L2) networks too. A new proposal on Curve’s governance forum suggests killing off all future L2 deployments. And if you check the numbers, that call isn’t coming out of nowhere. Arbitrum TVL Is Shrinking Fast To understand what’s going wrong, start with total value locked (TVL), which shows how much money users have deposited into Curve’s smart contracts. On August 4, Curve’s TVL on Arbitrum stood at just $52.6 million. For comparison, Ethereum, the original base chain for Curve, had over $3.1 billion. That’s not a typo. Arbitrum now makes up barely 1.6% of Curve’s total TVL, and it’s dropping. Curve finance TVL by chain- Source: DeFiLlama Arbitrum is one of the most popular Ethereum L2s, offering cheaper and faster transactions by offloading data from Ethereum’s main chain. Yet despite its broader adoption, Curve’s presence there is fading. Other chains like Base, Fraxtal, and Sonic aren’t doing much better either. Curve’s TVL on all L2s combined is less than 3% of its Ethereum TVL. That’s a major warning sign for Curve on Arbitrum and its other L2 deployments. TVL tells you where the money is parked, but what about activity? Let’s look at Curve’s 24-hour DEX volume on August 4. Ethereum pulled in $304 million. Arbitrum? Just $3.6 million. Even Sonic, a much newer chain, clocked $2.1 million. That’s not just bad; it’s borderline irrelevant in the bigger picture. Curve finance DEX volume Source: DeFiLlama DEX volume measures how much trading actually happens. Curve specializes in stablecoin swaps like USDC, USDT, DAI, and crvUSD, and typically thrives on high, consistent volume. But Arbitrum isn’t delivering. When you zoom out to 30-day DEX volume, Curve processed about $7.7 billion overall. The bulk came from Ethereum. Arbitrum didn’t even scratch the surface. Its role as a trading hub for Curve is quickly fading. Proposal To Cut All Curve Finance L2 Work Gains Momentum These numbers have sparked a serious governance proposal titled “Cut all further or ongoing L2 developments.” In Curve Finance, token holders vote on such proposals using veCRV, its locked governance token. This post argues that developing and maintaining Curve’s presence across 24 different L2s is a huge time sink with little reward. Curve community talks about discontinuing L2 development: Source: Curve Finance According to one comment on the proposal, these 24 L2s combined bring in only $1,500 of daily revenue. That’s just $62 per day per L2. Curve’s Ethereum pools, in contrast, generate $28,000 per day on a slow day. That means Ethereum alone performs like 450 L2s stitched together. From a resource allocation standpoint, the decision is almost a no-brainer. Curve Finance Revenue Data Supports This Move The broader revenue and fee breakdown backs this up. Over the past 30 days, Curve generated $2.72 million in fees and $1.67 million in revenue. Ethereum was the main driver. Since launch, Curve has pulled in a cumulative $171 million in revenue. Curve finance fees- Source: DeFiLlama While Curve has three major services: its core DEX, its stablecoin crvUSD, and the lending platform LlamaLend, most of the daily fees still come from the DEX. L2 platforms like Arbitrum barely show up in fee distribution charts. That’s a problem for long-term sustainability and developer incentives. Curve fees by protocol- Source: DeFiLlama It’s Not Just Arbitrum; Other Chains Are Bleeding Too Arbitrum isn’t the only underperformer. Curve’s TVL and trading volume on chains like Polygon, BNB Smart Chain (BSC), and even Base are minimal. Volume-by-chain data shows Arbitrum falling behind newer players like Sonic, and far behind Ethereum. Gnosis, Avalanche, and Polygon each contribute a tiny sliver of total Curve volume. Ethereum leads- Source: DeFiLlama Cumulative fee data makes the contrast even clearer. Ethereum has generated over $319 million in fees for Curve since launch. Arbitrum? $4.8 million. Polygon? $11.5 million. Curve Finance on Ethereum is not just dominant; it’s the only chain truly pulling its weight. If the governance proposal and early signs point to strong support, Curve swaps on Arbitrum could be sunset in the coming months. This won’t mean a total shutdown. Existing liquidity pools on Arbitrum and other L2s will remain live. But there’ll be no new developments, no added incentives, and likely no future growth. Instead, Curve appears ready to double down on Ethereum. Governance members are already pushing for deeper crvUSD adoption and tighter integration within the Ethereum ecosystem, where Curve is still a DeFi heavyweight. In short, Curve Finance may be winding down its L2 experiment. Arbitrum and its peers haven’t delivered on expectations. And unless something changes drastically, Curve swaps on these chains may slowly fade into irrelevance, while Ethereum continues to carry the torch. The post Curve Finance Swaps on Arbitrum Could Vanish in Coming Months: Here’s Why appeared first on The Coin Republic.
Stacy Muur
Stacy Muur
The most popular DeFi products on @arbitrum: Lending→ @aave, @compoundfinance, @Dolomite_io DEX → @Uniswap, @CamelotDEX, @CurveFinance RWA → @Spiko_finance, @StablesLabs, @FTI_Global , @BlackRock BUIDL Yeild Aggregator → @beefyfinance Liquid Restaking → @RenzoProtocol, @kernel_dao CDP Manager → @OstiumLabs, @DeFiSaver

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Curve DAO Token FAQ

​​Curve DAO governs Curve Finance by enabling its users to vote on crucial project developments. However, for votes to matter, users must first have a financial stake in the project.

Beyond governance capabilities, CRV holders can earn through liquidity mining and staking. In addition, they receive a portion of transaction fees.

Easily buy CRV tokens on the OKX TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include CRV/BTC, CRV/USDC, and CRVUSDT.

You can also buy CRV with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Tether (USDT), and USD Coin (USDC), are also available.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for CRV with zero fees and no price slippage by using OKX TR Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into CRV, visit the OKX TR Crypto Converter Calculator. OKX TR's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

Currently, one Curve DAO Token is worth ₺36.9614. For answers and insight into Curve DAO Token's price action, you're in the right place. Explore the latest Curve DAO Token charts and trade responsibly with OKX TR.
Cryptocurrencies, such as Curve DAO Token, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Curve DAO Token have been created as well.
Check out our Curve DAO Token price prediction page to forecast future prices and determine your price targets.

Dive deeper into Curve DAO Token

Curve Finance is a decentralized exchange (DEX) for stablecoins, utilizing an automated money maker (AMM) for liquidity management. Its unique approach of focusing exclusively on liquidity pools for stablecoins and wrapped assets like wBTC and tBTC enabled it to stand out. By the latter half of 2020, Curve Finance had become a leading decentralized finance (DeFi) player. Further emphasizing its commitment to decentralization, it launched its own decentralized autonomous organization (DAO) in August, introducing CRV as its native cryptocurrency.

What is Curve DAO

Curve DAO, developed by Curve Finance, is a project that empowers the collective decision-making of its community. This DAO is built using Ethereum’s Aragon tool, connecting several smart contracts essential for depositing liquidity. CRV token holders can vote on project-related matters or by suggesting changes.

Curve Finance team

Curve Finance was founded by Michael Egorov, who also serves as its CEO. A seasoned player in the crypto space, Egorov co-founded NuCypher in 2015 and has been instrumental in various other crypto ventures, including a decentralized bank known as LoanCoin.

How does Curve DAO work

Governance token CRV facilitates community-driven decision-making. Tokens are distributed based on liquidity contribution and duration of holding, ensuring a fair system where greater CRV holdings translate to more significant voting power. This incentivized model, which encourages financial commitment, quickly became a DeFi standard, bolstering Curve's standing as a DEX and fostering its DAO community's growth.

CRV tokenomics

Introduced on August 13, 2020, CRV came into prominence during the DeFi boom. Mirroring industry trends, Curve Finance transitioned its community governance to a DAO structure. Of the 3.30 billion CRV tokens minted, only 871.7 million are circulating as of July 2023. CRV’s primary function is to facilitate community governance, although staking and liquidity mining are also notable use cases for the token. 

CRV distribution

CRV is distributed the following way:

  • 62 percent to liquidity providers
  • 30 percent to shareholders
  • 3 percent to the project's employees
  • 5 percent reserved for the community

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Market cap
₺51.20B #53
Circulating supply
1.38B / 3.03B
All-time high
₺2,562.52
24h volume
₺12.56B
4.2 / 5
CRVCRV
TRYTRY
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