If you only look at the price, this move from $CRV over the past 24 hours (+19.43%) looks like emotion-driven trading; but if you look a little deeper, you’ll find that the market discussion may be more than just a single bullish candle.
Curve is the largest stablecoin DEX on Ethereum. Its core is low-slippage swaps and crvUSD lending/borrowing. Recently, there have been some fundamental developments: on Arbitrum, Twin Finance has launched the FX LatAm market, with the initial BRAt/ARGt pairs; the crvUSD weekly supply growth is up 38%, with market cap reaching $308 million; and LlamaLend V2 has also gone live on Optimism and Ethereum, securing a 250,000 OP grant.
Many KOLs in the community believe this is a strong breakout after a long-term bottom has formed, while others are watching large deposits/withdrawals on exchanges and a potential squeeze of shorts. Overall sentiment is optimistic, but there’s still quite a bit of disagreement in the short term.
It’s also worth noting that CRV annual emissions have dropped to below 100 million. Whether this narrative can continue to support the price afterward depends on the actual growth in new collateral assets and lending/borrowing volumes.
#Curve #DeFi #稳定币
Curve is the largest stablecoin DEX on Ethereum. Its core is low-slippage swaps and crvUSD lending/borrowing. Recently, there have been some fundamental developments: on Arbitrum, Twin Finance has launched the FX LatAm market, with the initial BRAt/ARGt pairs; the crvUSD weekly supply growth is up 38%, with market cap reaching $308 million; and LlamaLend V2 has also gone live on Optimism and Ethereum, securing a 250,000 OP grant.
Many KOLs in the community believe this is a strong breakout after a long-term bottom has formed, while others are watching large deposits/withdrawals on exchanges and a potential squeeze of shorts. Overall sentiment is optimistic, but there’s still quite a bit of disagreement in the short term.
It’s also worth noting that CRV annual emissions have dropped to below 100 million. Whether this narrative can continue to support the price afterward depends on the actual growth in new collateral assets and lending/borrowing volumes.
#Curve #DeFi #稳定币
