Curve Finance's Llama Lend on Arbitrum Surpasses $10M TVL

🚀 Curve's Llama Soars

By Curve
Apr 15, 2024, 6:43 PM
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Curve Finance's lending protocol Llama Lend, which utilizes soft liquidations and requires crvUSD for all such liquidations, has seen its total value locked (TVL) on the Arbitrum network surpass $10 million.​ This growth in TVL on Arbitrum, which reached $6 million just six hours after launch, is attributed to the increasing demand for crvUSD as Llama Lend's borrowing activity drives volume in the crvUSD pool.​ The mainnet TVL for Llama Lend has also climbed to $20 million.​

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