Curve Finance’s [CRV] condition after a $450,000 exploit recovery

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CurveFinance's [CRV] condition after a $450,000 exploit recovery

, CRV has not lost much in its Total Value Locked worth. The open-source DeFi aggregator showed that CRV had only declined 1.58% of its TVL as it remained at $6.2 billion.

However, not every part of CRV remained steady during the event. At the time of this writing, CRV had suffered a sharp decline in its trading volume. CoinMarketCaprevealed that CRV’s development activity dropped significantly. In fact, it reached the lowest since 19 June, indicating that the hack affected the CRV ecosystem negatively in numbers.

However, its one-day circulation remained stable, with signs that CRV could withstand the storm of the exploit. The metric was close to where it was on the day of the hack.

 

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