Curve DAO – CRV

Curve DAO Info
Today Price 0.920317$
ATH Price Percentage Change To Now -94.00257461842%
ATH Date 2020-08-14T00:00:00.000Z
ATL (ALL TIME LOW) 0.331577$
ATL Price Percentage Change To Now 178.04%
ATL Date 2020-11-05T13:09:50.181Z
Market Cap 360848289$
Total Volume 63638774$
High 24h 0.944204$
Low 24h 0.901549$
Price Change Percentage in 7 Day 6.73321%
Price Change Percentage in 30 Day -14.86035%
Price Change Percentage in 60 Day -32.13597%
Price Change Percentage in 200 Day -53.64661%
Price Change Percentage in a Year -59.03939%

Curve DAO is the Number 113 Cryptocurrency in the World.
The 0.920317 symbol is crv and Market Cap is 360848289 Dollars.
crv ATH Was 15.37 at 2020-08-14T00:00:00.000Z and ATL was 0.331577 at 2020-11-05T13:09:50.181Z.
In the last 24h, crv high was 0.944204$ And the low was 0.901549$

Similar to Uniswap, Curve Finance is an Automated Market Maker (AMM) based Decentralised Exchange (DEX). Unlike Uniswap, its main focus is only to swap between assets that are supposed to have the same value. This is useful in the DeFi ecosystem as there are plenty of wrapped tokens and synthetic tokens that aim to mimic the price of the real underlying asset. 

For example, one of the biggest pools is 3CRV, which is a stablecoin pool consisting of DAI, USDT, and USDC. Their ratio in the pool will be based on the supply and demand of the market. Depositing a coin with a lesser ratio will yield the user a higher percentage of the pool. As such when the ratio is heavily tilted to one of the coins, it may serve as a good chance to arbitrage.

Curve Finance also supports yield-bearing tokens. For example, it collaborated with Yearn Finance to release yUSD pools that consisted of yDAI, yUSDT, yUSDC and yTUSD. Users that participated in this pool will not only have yield from the underlying yield-bearing tokens, but also the swap fees generated by the Curve pool. Including the yield farming rewards in terms of CRV tokens, liquidity providers of the pool actually have three sources of yield. 

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