Bitcoin
$49,350.38-3.36%
Ethereum
$4,313.52-1.42%
Solana
$188.61-5.54%
XRP
$0.819943-0.70%
Terra
$68.36-5.83%
Cardano
$1.38-3.73%
Polkadot
$28.80-0.80%
Stellar
$0.293001+1.09%
Polygon
$2.42+5.40%
Dogecoin
$0.175881-1.39%
Chainlink
$22.11+9.74%
Shiba Inu
$0.000036-1.44%
Uniswap
$17.88+3.39%
Internet Computer
$30.99+3.09%
Wrapped Bitcoin
$49,303.90-3.39%
Algorand
$1.66-4.12%
Litecoin
$160.62-1.09%
Tron
$0.091206+0.57%
Bitcoin Cash
$476.77-1.49%
Decentraland
$3.68-6.18%
The Graph
$0.729009+2.97%
Cosmos
$24.22-1.15%
Curve DAO Token
$3.94+2.89%
Filecoin
$40.43+3.42%
Amp
$0.054558+2.85%
Ethereum Classic
$40.67+2.70%
Tezos
$5.26+27.89%
BitTorrent
$0.003764-1.57%
Monero
$204.86+1.15%
Celo
$3.60-4.30%
EOS
$3.68+13.42%
Loopring
$2.42-6.54%
IOTA
$1.17-0.77%
NEO
$30.32+1.48%
NuCypher
$0.769168-2.56%
Aave
$184.78-2.81%
Kusama
$297.58+0.17%
Bitcoin SV
$150.05-6.48%
Maker
$2,700.11+2.15%
Compound
$219.00-3.53%
Zcash
$173.31-2.87%
Waves
$18.75-3.04%
Dash
$143.44+3.43%
Synthetix
$5.84-1.32%
Decred
$93.94-1.29%
NEM
$0.141257+3.73%
Paxos Standard
$0.999976+1.31%
ICON
$1.28-1.00%
Qtum
$10.97-1.88%
UMA Protocol
$10.69+3.55%
Skale
$0.222770-4.88%
OmiseGO
$6.78-1.37%
0x
$0.878909-2.74%
Siacoin
$0.017498-2.92%
Bitcoin Gold
$45.16-5.24%
Bancor
$3.57+0.68%
Yearn Finance
$22,095.64-6.94%
Storj
$1.78-2.17%
Fetch.ai
$0.574591-5.34%
Ren
$0.616631-2.93%
Kava.io
$3.88-0.33%
Band Protocol
$5.84-0.67%
Nano
$3.94+0.17%
Lisk
$2.84+2.75%
Orchid
$0.402915-2.45%
Numeraire
$35.19-2.18%
Civic
$0.384612-2.37%
PAX Gold
$1,785.15+0.01%
NKN
$0.411457+1.60%
iExec RLC
$3.26-3.58%
Aragon
$5.65+32.62%
Augur
$17.59-2.12%
Enzyme
$90.36-3.81%
district0x
$0.152929+0.79%
Kyber Network
$1.46-1.30%
SingularDTV
$0.0004020.00%
Tether
$1.00-0.08%
USD Coin
$0.999502-0.07%
Dai
$0.999633-0.02%

Curve DAO Token

CRV
$3.94
24H %
2.89%
24H Low
$3.79
24H High
$4.22
TO

Linear
Log
Market Cap

$6.48B

24H Volume

$422.22M


Curve DAO Token Price

24H Open
$3.83
24H Change
$0.110851
52 Week Low
$2.68
52 Week High
$6.40
All Time High
$54.01
Returns (YTD)
563.35%

Market Stats

Total Supply
1.65B
Max Supply
3.30B
24H Value Transacted
$94.24M
30D Volatility
1.36
24H Transaction Count
2,286
24H Average Transaction Fee
n/a

About Curve DAO Token

Category


Value Proposition


Curve DAO token (CRV) is the native asset underpinning one of the world’s largest decentralized finance (DeFi) platforms Curve.Finance, a decentralized exchange used to trade cryptocurrencies (especially stablecoins) without the need for a middleman.
CRV price
CRV, also known as the Curve DAO token, is capped at a total of 3.03 billion tokens, according to the Curve.Finance website. Sixty-two percent of those tokens will go to community liquidity providers, 30% to Curve.Finance’s team and investors, 3% to employees and 5% to the “community reserve.”
CRV was created to try to draw liquidity to the platform and to encourage participation in its governance process, meaning voting on important decisions and potential changes to the protocol.
When CRV was launched in August 2020, its price immediately hit an all-time high of $6.93, but then sank to as low as $0.33 by October 2020.
In 2021, CRV’s prices inched back toward their initial all-time high. Amid the industry-wide bull run at the beginning of 2021, CRV climbed to $4.04. That was followed by a swing back back down to $1.28 in July, and then a second surge to $5.80 in November 2021.
How Curve.Finance works
Curve.Finance is a popular DeFi platform designed to replace legacy financial institutions with a decentralized trading platform that doesn’t rely on an intermediary. Rather, it relies on computer programs. Curve.Finance operates primarily as a decentralized exchange that removes the normal intermediary from the process of exchanging cryptocurrencies through the use of an automated market maker (AMM) system.
Curve.Finance works similar to other AMMs like Uniswap and Balancer, but it favors the stability of stablecoins, which mitigate the volatility of most cryptocurrencies by tying the price of the token to another asset – most commonly the U.S. dollar. That means more stability and lower fees for Curve.Finance’s users than they can get on other AMMs. The downside, however, is that yield farmers might not make as much money on the platform.
Curve.Finance is run by a decentralized autonomous organization, or DAO, a company, organization or other type of group whose rules are enforced by a blockchain instead of a person or group of people. This is where the token fits in. Users can use their Curve DAO token (CRV) to vote on changes to the DAO, giving users control over important decisions affecting the platform.
The technical makeup of the DAO is described in more detail in the Curve DAO white paper. Curve’s DAO is built on top of Aragon, a platform for making it easier to build DAOs.
Key events and management
In 2019, tech entrepreneur and software engineer Michael Egorov published the white paper that laid out the technical foundation for Curve.Finance’s platform. The project went live in February 2020.
The CRV native token was started to power Curve’s new DAO in August 2020. In one interesting twist, Curve wasn’t quite ready to launch the DAO, but an anonymous user launched the smart contract kickstarting the DAO anyway, because the smart contract code was open-source. The Curve team decided to just go along with it.
In 2021, the Curve.Finance community was embroiled in the so-called “DAO wars.” Bad actors have tried to manipulate the DAO rules in their favor. In response, the Curve Emergency DAO cut one bad actor from participating.
Market Analysis
Social Analysis

Trending assets

Bitcoin Calculator

Last Updated on 12/08/21 1:20 PM

CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN – with up to six decimal places of accuracy. Conversion rates are based on CoinDesk’s Bitcoin Price Index and the price indices of other digital assets. World currency prices are based on rates obtained via Open Exchange Rates.


Latest About Curve DAO Token

Research Reports

All

Diving in deeper on cryptocurrency.


Disclaimer
Any data, text or other content on this page is provided as general market information and not as investment advice. Past performance is not necessarily an indicator of future results. CoinDesk is an independently managed media company, wholly owned by the Digital Currency Group, which invests in cryptocurrencies and blockchain startups. DCG has no operational input into the selection or curation of CoinDesk content in all its forms.