Curve Finance's Revenue Underreported, Actually Higher Than Market Cap
Curve Finance's Revenue Underreported, Actually Higher Than Market Cap
馃 Curve's hidden treasure
A recent report on Curve Finance's revenue appears to be inaccurate. The table shows $6M in revenue for 2024, but the actual figure is $18.67M, not including vote incentives. When factoring in vote incentives, which go to veCRV holders, the total fees exceed Curve's market cap. This highlights the importance of verifying data from reliable sources like @0xcrv_hub or @curvemonitor. Additionally, over the past year, approximately 190M CRV tokens were locked, surpassing the 163M CRV emissions to liquidity providers. Most of these locks occurred in the last two months.
When looking at metrics, make sure to not be fooled by incorrect data like here. This nice-looking table reports $6M revenues in 2024. In reality, it is $18.67M in 2024, and that doesn't even count vote incentives (which also go to veCRV and not produced by emissions). Total
$CRV has been struggling since its launch. The net deposit (TVL) has decreased, and the token incentives remain high after 4 years. @CurveFinance faces tougher competition from other DEXs such as @Uniswap v3 or @mavprotocol AMM.
Curve Finance Reports Weekly Yield Metrics for Week 39
**Curve Finance** released its weekly yield update covering key performance metrics for week 39 of 2025. The report highlights: - Current **best yields** available across Curve pools - Key performance metrics and analytics - Weekly comparison data for liquidity providers This continues Curve's regular practice of providing transparent yield reporting to help users identify optimal liquidity provision opportunities. [Read the full report](https://news.curve.finance/curve-best-yields-key-metrics-week-39-2025/)
馃殌 Curve Finance Expands to Plasma Network
**Curve Finance has officially launched on Plasma Foundation**, marking another significant network expansion for the DeFi protocol. This deployment brings Curve's **advanced bonding curve technology** to the Plasma ecosystem, enabling users to access deep on-chain liquidity on this new network. The launch follows Curve's recent pattern of **multi-chain expansion**, having previously deployed on XDC Network in June 2025. - Users can now access Curve's liquidity pools on Plasma - The integration leverages Curve's proven bonding curve mechanics - This expansion continues Curve's strategy of bringing DeFi liquidity to emerging networks The deployment represents Curve's commitment to **providing liquidity infrastructure** across diverse blockchain ecosystems.
veFuture Goes Fully On-Chain Following True DeFi Principles
**veFuture has committed to being fully on-chain**, aligning with the core principles of true decentralized finance. This move reinforces the project's dedication to **complete decentralization** - ensuring all operations, governance, and functionality exist entirely on the blockchain without reliance on centralized infrastructure. The decision follows broader industry recognition that **authentic DeFi requires full on-chain implementation** to maintain trustlessness and censorship resistance. - All smart contracts and protocols will operate directly on blockchain - No centralized servers or off-chain dependencies - Users maintain complete custody and control This approach contrasts with hybrid models that still rely on traditional infrastructure for certain functions.
USDS Trading Volume Surpasses DAI for First Time on Spark Protocol
**USDS pools have overtaken DAI pools in trading volume** on Spark Protocol, marking a significant milestone for Sky's rebranded stablecoin. This represents the first time USDS has flipped DAI in trading activity since Sky (formerly MakerDAO) launched its rebrand earlier this year. **Key developments:** - USDS trading volume now exceeds legacy DAI pools - Milestone achieved on Spark Protocol platform - Reflects growing adoption of Sky's new stablecoin The volume flip suggests **traders are migrating** from DAI to USDS as Sky's ecosystem transition gains momentum. USDS has been gaining traction across DeFi platforms since its introduction. This trading volume milestone could signal **broader market acceptance** of Sky's rebranded stablecoin infrastructure.
Stablecoin Projects Unite in Open Stable Index
**Stablecoin projects are joining forces** through the @OpenStableIndex initiative. This collaboration comes as **stablecoin growth remains fundamental** to Ethereum's broader ecosystem success. The Ethereum Foundation continues supporting "Defipunk" protocols, highlighting the importance of decentralized financial infrastructure. - Projects are building **positive-sum relationships** within the index - Focus on **championing stablecoin innovation** and adoption - Initiative supports **collaborative growth** rather than competition The move reflects the **maturing stablecoin landscape**, where projects recognize that working together strengthens the entire ecosystem rather than fragmenting it.