the asset-specific automated market maker


Quick Take

Curve is an automated market maker that has been optimized for trading between assets that are relatively price stable with one other (e.g. stablecoin-to-stablecoin swaps).
In June, Curve facilitated $340.4 million in trade volume, up from $37.8 million in May. 
The increase in trading volume was kicked off by demand to liquidity mine Compound’s COMP tokens. Soon, Curve is expected to launch its own CRV token.

This research piece is available to
members of The Block Genesis .
You can continue reading
this Genesis research on The Block .



Source link