Curve DAO Token
About Curve DAO Token
Curve (CRV) is a Decentralized Exchange (DEX) that specializes in stablecoin transactions. Its liquidity is balanced using an automated market maker (AMM) protocol, which provides the possibility for users to deposit their supported crypto tokens and earn compensation in return. These rewards usually include a small cut from relevant transactions fees, and a standard annual percentage rate (APR). As Curve only supports stablecoins, it manages to significantly reduce the possibility of impermanent loss, one of the biggest risks associated with DEXs and AMM protocols. Thanks to this, and other features, Curve has become a popular Decentralized Finance (DeFi) application since its inception in 2020. The network is governed by its Decentralized Autonomous Organization (DAO) that uses CRV, Curve’s native token, to distribute governance rights. CRV tokens are mainly awarded to Curve’s liquidity providers based on factors such as their locked funds and time spent in the ecosystem.
In the last hour, Curve DAO Token's price has seen a change of -0.12%, and over the past 24 hours, its price has moved by +1.83%. Over the previous week, Curve DAO Token's price has moved by -3.13%. The current price of Curve DAO Token is KWD 0.1129, accompanied by a trading volume of 8.686M in the last day. Curve DAO Token's price is currently 99.40% below its all-time high of KWD 18.81, which remains the highest price Curve DAO Token has achieved since its launch. The circulating supply of Curve DAO Token stands at 1.572B, translating to a total market capitalization of 177.4M.
Market stats
Frequently asked questions
What is the market cap of Curve DAO Token?
With a market capitalization of 177.4M, Curve DAO Token is ranked 82 among other crypto assets.
What is the all-time high of Curve DAO Token?
The highest valuation of Curve DAO Token since its launch was at KWD 18.81, marking its all-time high.
What is the 24-hour trading volume of Curve DAO Token?
The trading activity of Curve DAO Token over the last 24 hours was at 8.686M, highlighting its liquidity in the market.
How many Curve DAO Token are there in circulation?
There are approximately 1.572B units of Curve DAO Token currently in circulation, affecting its market dynamics.
What is the relative popularity of Curve DAO Token?
Curve DAO Token market cap is around 177.4M.