{"id":20328,"date":"2025-04-02T22:01:31","date_gmt":"2025-04-02T22:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20328"},"modified":"2025-04-02T22:01:31","modified_gmt":"2025-04-02T22:01:31","slug":"curve-finance-clocks-35b-trading-volume-in-q1-2025","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20328","title":{"rendered":"Curve Finance clocks $35B trading volume in Q1 2025"},"content":{"rendered":"
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\"Curve<\/p>\n

Curve Finance, a decentralized lending protocol and exchange, notched record-breaking trading volumes of nearly $35 billion in the first quarter of 2025, a spokesperson for the protocol told Cointelegraph.\u00a0<\/p>\n

Trading volumes increased more than 13% from the first quarter of 2024, largely due to a surge in transactions, from around 1.8 million to some 5.5 million in Q1 2025, Curve said.\u00a0<\/p>\n

The strong Q1 volumes come amid overall declines in the cryptocurrency market, with the total market capitalization of cryptocurrencies dropping by more than 20% in the year-to-date as of March 31, according<\/a> to data from CoinGecko.<\/p>\n

\"Curve
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Curve\u2019s total value locked (TVL) over time. Source: <\/em>DefiLlama<\/em><\/a><\/p>\n<\/figcaption><\/figure>\n

Related:\u00a0<\/strong><\/em>Curve Finance launches \u2018Savings crvUSD\u2019 yield-bearing stablecoin<\/strong><\/em><\/a><\/p>\n

Changing DeFi Landscape<\/h2>\n

Launched in 2020, Curve has taken numerous steps in the past year to keep pace with the changing decentralized finance (DeFi) landscape.<\/p>\n

In June 2024, Curve adopted crvUSD, its stablecoin, for fee distribution to tokenholders<\/a>, replacing an older model that paid holders in shares of the 3crv liquidity pool.<\/p>\n

In November, Curve partnered with Elixir<\/a>, a blockchain network, to help onboard BlackRock\u2019s tokenized money market fund, BUIDL, to DeFi.\u00a0<\/p>\n

By the end of 2025, Curve plans to consolidate its lending markets into a single user interface and provide borrowers with more time to close positions before they are liquidated, it told Cointelegraph.\u00a0<\/p>\n

Curve founder Michael Egorov said in March that he expects many decentralized exchanges (DEXs) to evolve into bespoke platforms<\/a> for stablecoins pegged to various currency denominations.\u00a0<\/p>\n

“Exchanges between stablecoins of different denominations like the euro, US dollar, and others are not yet properly solved. How to provide liquidity without losing money, but while earning a lot of money, is kind of an open question that I think will be solved soon,\u201d Egorov said.<\/p>\n

Despite the rise in transactions, the total value locked (TVL) on Curve\u2019s platform is approximately $1.8 billion as of April 2, according to data from DefILlama, down from highs of roughly $2.5 billion at the start of the year. <\/p>\n

Curve\u2019s native token, Curve DAO (CRV<\/a>), has a market capitalization of approximately $640 million at this writing, marking a more than 40% decline in the year-to-date, according to data<\/a> from Cointelegraph.<\/p>\n

Related:\u00a0<\/strong><\/em>BTC miners adopted \u2018treasury strategy,\u2019 diversified business in 2024: Report<\/strong><\/em><\/a><\/p>\n