About Curve DAO Token
Curve (CRV) is an Ethereum token that powers Curve.fi, a decentralized exchange and automated market maker protocol. The protocol is designed to make it easy to swap between ERC-20 tokens, such as stablecoins (like USDC and DAI) and Ethereum-based Bitcoin tokens (like WBTC and renBTC). In order to minimize impermanent loss, most of the protocol’s liquidity pools are made up of similar assets, although in June 2021, it introduced a USDT-WBTC-ETH “tricrypto” pool. The CRV token can be locked for various periods of time (up to 4 years) in order to vote on governance and claim protocol fees as a reward.
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Buyer Ratio
Traders
203
-52.35%
Buyers
142
-49.1%
Sellers
72
-55%
Searched
230
Market Stats
Market Cap
$738.86M
1.68%
FDV
$1.60B
Circ. Supply
1.4B CRV
Max Supply
3B CRV
Total Supply
2.3B CRV
Diluted Valuation
$1.22B
Performance
Popularity
#84
Dominance
0.02%
Volume (24H)
$109.13M
-52.66%
Volume (7D)
$1.14B
Volume (30D)
$4.10B
All time high
$60.50
Price Change (1Y)
90.94%
Additional details
Market details
CRV vs markets
↗ 20.64%
CRV vs BTC
↗ 23.18%
CRV vs ETH
↗ 34.18%
Tags
decentralized-exchange-dex-token
defi
dao
yield-farming
+3
Network & Addresses
Network | Address | |
---|---|---|
Base | 0x8Ee73c484A26e0A5df2Ee2a4960B789967dd0415 | |
Ethereum | 0xD533a949740bb3306d119CC777fa900bA034cd52 | |
Solana | 7gjNiPun3AzEazTZoFEjZgcBMeuaXdpjHq2raZTmTrfs | |
Fantom | 0x1E4F97b9f9F913c46F1632781732927B9019C68b |
Price history
Time | Price | Change |
---|---|---|
Today | $0.53 | ↗ 1.27% |
1 Day | $0.52 | ↗ 2.02% |
1 Week | $0.49 | ↗ 8.24% |
1 Month | $0.80 | ↘ 34.32% |
1 Year | $0.28 | ↗ 90.94% |
FAQ
Curve DAO Token (CRV) is a fundamental component of Curve, a decentralized exchange with a primary focus on stablecoins. Curve, launched in January 2020, has emerged as a notable entity in the decentralized finance (DeFi) sector. In August of the same year, Curve introduced a decentralized autonomous organization (DAO), with CRV serving as its native token. The DAO utilizes an Ethereum-based creation tool, Aragon, to connect multiple smart contracts used for users' deposited liquidity. CRV is used for governance, awarded to users based on their liquidity commitment and duration of ownership.
Curve functions as an automated market maker (AMM) specifically designed for stablecoin trading. The platform charges a modest fee, which is then distributed to liquidity providers. The introduction of the DAO and CRV token has added another layer of functionality, as CRV is used for governance and is awarded to users based on their liquidity commitment and length of ownership. The platform caters to individuals involved in DeFi activities such as yield farming and liquidity mining, as well as those looking to participate in the ecosystem by holding stablecoins.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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