Curve Finance: Can crvUSD propel the protocol to the top?

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

crvUSD shows immense growth in the stablecoin sector.Will Curve finance be able to compete with other massive protocols in the DeFi sector?

Curve Finance’s crvUSD remained robust despite the uncertainty faced by it during market conditions. Though Revenue generated by the protocol grew, overall code commits made by the protocol fell significantly.platform, its TVL and activity were severely impacted. However, since then, the Curve protocol has gotten back up on its feet.

If crvUSD maintains its stability, it might become a preferred choice for traders, helping it gain more popularity and adoption in the crypto space.Additionally, the overall revenue generated by Curve has grown by 107% over the last month. However, Development Activity on Curve fell by 16.7% during this period. The decline in Development Activity on Curve Finance suggests fewer updates or improvements.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Yahoo Finance Live: Company's Third-Quarter Results Exceed Analyst ExpectationsThe company's third-quarter results were better than analysts were expecting, with adjusted earnings and revenue surpassing estimates. Monthly active users also exceeded expectations. Yahoo Finance Live provides a breakdown of the report.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Macklem to appear before House of Commons finance committee MondayBank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers are scheduled to testify before the House of Commons Standing Committee on Finance this afternoon.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Pinterest, VF Corp. earnings, stocks jump: Yahoo Finance LiveIt’s another big day of earnings, with Pinterest (PINS) and VF Corporation (VFC) both set to issue their quarterly reports. Overall, it’s a good day for...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Yahoo Finance Invest Coming SoonTune in Nov 7th.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »