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.
Buy Curve DAO TokenTrading Insights
Buyer Ratio
Traders
258
128.32%
Buyers
148
127.69%
Sellers
120
130.77%
Searched
415
Market Stats
Market Cap
£618.81M
11.07%
FDV
£1.33B
Circ. Supply
1.4B CRV
Max Supply
3B CRV
Total Supply
2.3B CRV
Diluted Valuation
£1.02B
Performance
Popularity
#84
Dominance
0.02%
Volume (24H)
£127.92M
127.84%
Volume (7D)
£589.34M
Volume (30D)
£2.49B
All time high
£45.39
Price Change (1Y)
140.61%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of Curve DAO Token has decreased by 0.80% in the last hour and increased by 11.02% in the past 24 hours. Curve DAO Token’s price has also risen by 3.60% in the past week. The current price is £0.44 per CRV with a 24-hour trading volume of £127.92M. Currently, Curve DAO Token is valued at 99.03% below its all time high of £45.39. This all-time high was the highest price paid for Curve DAO Token since its launch.
The current circulating supply of Curve DAO Token is 1,405,540,880.985 CRV which means that Curve DAO Token has as total market cap of £618,807,985.78.
Market details
CRV vs markets
↗ 37.92%
CRV vs BTC
↗ 45.35%
CRV vs ETH
↗ 45.39%
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 | £0.44 | ↗ 11.19% |
1 Day | £0.40 | ↗ 11.02% |
1 Week | £0.42 | ↗ 3.60% |
1 Month | £0.49 | ↘ 11.25% |
1 Year | £0.19 | ↗ 140.61% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
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 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.