Curve is a decentralized exchange for stablecoins (such as USDT, USDC, DAI, etc.) that manages liquidity via the automated market maker tool (AMM). Curve is created to serve those who wish to earn interest and exploit liquidity from decentralized financing and those who want to maximize profits without risking holding the unstable Stablecoin coins.
The Curve platform makes a profit by charging a small fee from liquidity providers.
In August, Curve launched the decentralized autonomous organization (KNIFE), which operates alongside the Token CRV. CRV is a Curve’s utility token. And it servers the following functions:
In Q1 2025, Curve Finance achieved a record trading volume of around 35 billion USD, reflecting a notable 13% year-over-year increase due to a surge in transactions, from 1.8 million to 5.5 million.
Despite the positive trading volume, the overall cryptocurrency market suffered a decline exceeding 20% in market capitalization as of March 31, 2025.
Curve is adapting to the evolving DeFi landscape, with its total value locked decreasing to approximately 1.8 billion USD and its native token CRV declining over 40% year-to-date, with a market capitalization around 640 million USD.
Curve has seen a rally of over 19% recently, indicating possible recovery after previous declines.
The $0.55 resistance level is critical for Curve, and overcoming it may signal a more sustained upward trend.
Despite positive indicators like the rising RSI and reduced selling pressure, long-term downtrends still pose significant challenges.
In 2024, Curve Finance experienced significant growth with its user base doubling from 30,000 to 60,000 users, marking a 105% increase. This expansion was influenced by new product features and a substantial interest from institutions like BlackRock, which chose Curve for their liquidity requirements, thus fostering more trust and investment in the platform.
Despite the positive growth, CRV faces potential price challenges depending on market sentiment. With an increase in TVL from 1.7 billion USD to 2.4 billion USD, the token remains undervalued. The MVRV metrics reveal a 10% drop for the last 30 days, indicating undervaluation, while a 12% profit is reported for purchases made 60 days ago.
CRV has exhibited notable growth, increasing by 24.79% over the last week. Its value ROSE from a low of 0.68 USD, to a recent close of 0.97 USD, reflecting an 8.03% daily rise. This trend implies potential continued price resurgence.
The sentiment surrounding CRV is increasingly bullish, highlighted by the reduction in exchange flows and accumulation by large holders. The Binance Funding Rate remains positive, with long positions dominating, indicating confidence in CRV’s potential for a continued price increase.
The founder of Curve Finance is facing another liquidation due to the declining price of CRV. The incident illustrates the extreme volatility present in decentralized finance and emphasizes the need for improved risk management practices across the space.
Egorov’s statement on liquidated tokens: Michael Egorov addressed the liquidation of 918,000 CRV tokens, asserting they are not legitimate CRV but receipts for funds promised by Sifu. This clarification aims to restore confidence in the token following the recent security breach.
Consequences of the UwU Lend hack: The UwU Lend hack on June 10 resulted in a loss of about 3.72 million USD, emphasizing significant cybersecurity challenges for decentralized finance protocols. This incident has raised alarms over the safety of assets in the crypto market.
MAJOR investment in CRV tokens: Michael Egorov’s recent investment in CRV reflects his confidence in the decentralized finance (DeFi) sector. He acquired these tokens at an average price of 1,114 USD each, despite a recent 7.8% decline in value.
Insight on market activity: This transaction, tracked by Spot On Chain, showcases active interest in CRV amidst current market fluctuations. Egorov’s strategic buyback highlights his trust in the long-term potential of CRV tokens in the volatile cryptocurrency market.
Curve Finance’s community has voted to increase the fee share for Savings crvUSD to 50%, highlighting a rise from 20%. This initiative, introduced in November 2024, facilitates low-risk automatic compounding for users.
Substantial loss in a volatile market: An investor suffered an 87,500 USD loss on Curve DAO Token (CRV) after investing 1,100,000 USD for 983,832 tokens at 1.12 USD. Selling at 1.03 USD amidst market corrections highlights how fast price changes can impact traders.
Market reaction to CRV price drops: The price of CRV declined by 7.4% in 24 hours to 1.01 USD, down from a monthly HIGH of 1.21 USD. This trend underscores the risks traders face in rapidly changing markets and the crucial need for timely decisions.
Emotional decisions lead to significant risks: The incident emphasizes the dangers of FOMO in crypto trading. Setting stop-loss measures, as taken by the trader, reflects a strategy to mitigate losses, but highlights the importance of emotional control in volatile market conditions.
Whale incurs significant loss: A whale investor sold 983,832 CRV tokens for 1.03 USD each, absorbing a loss of around 87,500 USD. The initial purchase was made at 1.12 USD per token, totaling approximately 1.1 million USD, highlighting the financial risks involved.
Cryptocurrency volatility highlighted: This quick transaction in just six days exemplifies the unpredictable nature of cryptocurrency markets. This incident underscores the importance of careful analysis and timing, as even large investors can suffer significant losses. Understanding market fluctuations is crucial for minimizing financial risks.