- Curve’s TVL has climbed by double digits since the year began.
- CRV’s value has dropped by 28% since the 1st of January.
Curve Finance [CRV] has seen a double-digit rally in its total value locked (TVL) since the year began.
This growth is significant, as it comes long after the protocol’s TVL plummeted to a two-year low following the July 2023 reentrancy hack.
After the hack, on the 31st of July 2023, Curve’s TVL had plunged to its lowest level since January 2021, according to data from DefiLlama.
AMBCrypto also reported that as the TVL decline continued, Curve lost its spot as one of the top ten decentralized finance (DeFi) protocols ranked by TVL.
Curve so far this year
According to data from DefiLlama, Curve’s TVL at press time was $2.12 billion, marking a 16% surge since the year began.
This uptick is partly due to the activity of crypto solutions provider Trident Digital, which set up a liquidity pool on Curve Finance as part of its efforts to increase liquidity and use of PayPal’s PYUSD stablecoin across DeFi platforms.
PayPool. Probably nothing https://t.co/omiM2PThDa pic.twitter.com/oJlzrzkQVg
— Curve Finance (@CurveFinance) January 10, 2024
Regarding user activity on the protocol, the monthly count of active addresses has risen by 15% in the last 30 days. According to data from Token Terminal, so far in 2024, Curve’s active user count has totaled 13,611.
Due to the rise in user count, the amount made from transaction fees has increased as well.
Information from the same data provider showed that Curve has recorded $1.5 million in fees since the year began, marking a 7% growth in the last 30 days.
Further, from these fees, Curve has pocketed a revenue of $911,040 in the last month. According to Token Terminal, this represents a 6% hike in network revenue.
Traders shun CRV
The value of Curve’s native token CRV has declined since the year began. At press time, the token exchanged hands at $0.43, dropping by 28% since the year began, according to data from CoinMarketCap.
Source: CoinMarketCap
Is your portfolio green? Check out the CRV Profit Calculator
An assessment of the token’s price movements on a daily chart revealed that its demand has plummeted significantly.
At press time, its Relative Strength Index (RSI) and Money Flow Index (MFI) were 31.54 and 13.21, respectively, showing that selling pressure significantly exceeded token accumulation.
Source: TradingView
how to get cheap clomid tablets can i buy cheap clomid without prescription get cheap clomid without a prescription can i buy generic clomiphene without prescription clomid cost how to get cheap clomid can you get generic clomid for sale
This is the compassionate of criticism I truly appreciate.
This is a question which is virtually to my verve… Many thanks! Quite where can I lay one’s hands on the contact details in the course of questions?
azithromycin usa – order generic ofloxacin buy flagyl 400mg sale
rybelsus for sale online – periactin 4 mg without prescription periactin where to buy
buy domperidone without a prescription – cost motilium 10mg buy flexeril paypal
amoxiclav cost – https://atbioinfo.com/ ampicillin online buy
esomeprazole for sale – https://anexamate.com/ buy generic esomeprazole 20mg
buy coumadin 2mg generic – anticoagulant buy losartan 25mg online cheap
buy cheap generic meloxicam – https://moboxsin.com/ meloxicam 15mg tablet
prednisone 5mg over the counter – apreplson.com buy prednisone medication
erectile dysfunction medicines – fast ed to take buy ed pills
order amoxil online cheap – combamoxi.com order amoxicillin pills
fluconazole 100mg cheap – https://gpdifluca.com/# order diflucan 100mg online cheap
cenforce 50mg pills – click buy cenforce 50mg pill
buy cialis with dapoxetine in canada – https://ciltadgn.com/ cialis alternative over the counter
buy zantac 150mg online – https://aranitidine.com/# ranitidine 300mg price
generic cialis available in canada – https://strongtadafl.com/ canada cialis
I’ll certainly bring to review more. tamoxifen ca
where can i buy viagra in la – https://strongvpls.com/# viagra 100 mg for sale
I am actually thrilled to gleam at this blog posts which consists of tons of of use facts, thanks object of providing such data. https://buyfastonl.com/azithromycin.html
Thanks for putting this up. It’s well done. https://ursxdol.com/doxycycline-antibiotic/
More posts like this would make the online play more useful. https://aranitidine.com/fr/prednisolone-achat-en-ligne/
This is the stripe of glad I take advantage of reading. https://ondactone.com/product/domperidone/
This website absolutely has all of the tidings and facts I needed there this thesis and didn’t positive who to ask.
how can i get generic tetracycline without rx
The thoroughness in this draft is noteworthy. http://www.01.com.hk/member.php?Action=viewprofile&username=Zqogga
buy dapagliflozin 10mg without prescription – site buy forxiga 10 mg
purchase xenical online cheap – https://asacostat.com/ order generic xenical 120mg