DeFi
DEX
Exchange Token
June 30, 2020, 3:42PM EDT
• 7 min read

Curve: the asset-specific automated market maker

Mika Honkasalo

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.

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