Curve Finance, a loan protocol and a decentralized exchange, marked record negotiation volumes of nearly $ 35 billion in the first quarter of 2025, said a spokesperson for the protocol.
Negotiation volumes increased by more than 13% compared to the first quarter of 2024, largely due to an increase in transactions, from around 1.8 million to some 5.5 million in the first quarter of 2025, said Curve.
The strong volumes of the first quarter occur in the global market of the cryptocurrency market, the total market capitalization of cryptocurrencies dropping by more than 20% of the year up to date on March 31, according to Coingecko data.
Total locke curve (TVL) over time. Source: Defillama
In relation: Curve Finance launches the stablecoin “Crvusd savings”
Change the landscape of Defi
Launched in 2020, CURVE has taken many measures in the past year to keep up with the rhythm of changing finance landscape (DEFI).
In June 2024, Curve adopted Crvusd, its stablecoin, for the distribution of costs to chip holders, replacing an older model that paid the holders of the 3CRV liquidity pool.
In November, Curve joined Elixir, a blockchain network, to help Buidl, Buidl, Blackrock Buidl in Blackrock.
At the end of 2025, Curve plans to consolidate its loan markets in a single user interface and provide borrowers for more time to close the positions before being liquidated, he told Cointelegraph.
The founder of Curve, Michael Egorov, said in March that he expects many decentralized exchanges (DEX) to evolve in tailor-made platforms for the stablecoins fixed at various denominations of currencies.
“The exchanges between the floors of different denominations such as the euro, the US dollar and others are not yet properly resolved. How to provide liquidity without losing money, but while earning a lot of money, is a kind of open question which, I think, will soon be resolved,” said Egorov.
Despite the increase in transactions, the total locked value (TVL) on the curve platform is around 1.8 billion dollars in April 2, according to Defillama data, against around 2.5 billion dollars at the start of the year.
The native token of Curve, Curve Dao (CRV), has a market capitalization of around $ 640 million in this drafting, marking a drop of more than 40% of the year to an appointment, according to Cointelegraph data.
In relation: BTC minors adopted the “Treasury Strategy”, “Business Diversified Business in 2024: Report
