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.
Trading Insights
Buyer Ratio
Traders
196
45.19%
Buyers
147
96%
Sellers
61
12.86%
Searched
256
Market Stats
Market Cap
£398.55M
FDV
£846.58M
Circ. Supply
1.4B CRV
Max Supply
3B CRV
Total Supply
2.3B CRV
Performance
Popularity
#79
Dominance
0.02%
Volume (24H)
£80.44M
109.93%
Volume (7D)
£405.71M
Volume (30D)
£1.49B
All time high
£44.94
Price Change (1Y)
Not enough data
60.41%
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 increased by 0.52% in the last hour and increased by 10.25% in the past 24 hours. Curve DAO Token’s price has also risen by 6.71% in the past week. The current price is £0.28 per CRV with a 24-hour trading volume of £80.44M. Currently, Curve DAO Token is valued at 99.37% below its all time high of £44.94. 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 1,426,604,962.912 CRV which means that Curve DAO Token has as total market cap of £398,553,404.76.
Market details
CRV vs markets
↘ 56.81%
CRV vs BTC
↘ 57.46%
CRV vs ETH
↘ 54.68%
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 | £0.28 | |
1 Day | £0.26 | |
1 Week | £0.26 | |
1 Month | £0.28 | |
1 Year | £0.76 |
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.
Curve DAO Token news
Trending articles
Social stats
Popularity in posts
#221
Contributors
306
Posts
306
% About Curve DAO Token
0.098%
Articles
0
X (Twitter)
40.14% bullish
Sentiment
4.6 ★
Highlights
306 unique individuals are talking about Curve DAO Token and it is ranked #221 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Curve DAO Token has an average sentiment score of 4.6 out of 5. Finally, Curve DAO Token is becoming less newsworthy, with 0 news articles published about Curve DAO Token.
On Twitter, people are mostly neutral about Curve DAO Token. There were 43.4% of tweets with bullish sentiment compared to 8.12% of tweets with a bearish sentiment about Curve DAO Token. 56.6% of tweets were neutral about Curve DAO Token. These sentiments are based on 3488 tweets.
On Reddit, Curve DAO Token was mentioned in 18 Reddit posts and there were 20 comments about Curve DAO Token. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
Powered by LunarCrush
Curve DAO Token calculator
Related assets
Cryptocurrencies with similar market cap
Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.