Highest Weekly Fees Since SVB Collapse and USDC Depeg
Highest Weekly Fees Since SVB Collapse and USDC Depeg
馃槻 Fees Skyrocketing, But...
According to reports, the current weekly fees are the highest since the collapse of Silicon Valley Bank (SVB) and the depegging of USDC stablecoin in March 2023. However, unlike the previous events, these fees are being generated in a sustainable manner without any major disruptions or incidents.
We are looking at highest weekly fees since SVB collapse / USDC depeg this Thursday. This time, fees are made sustainably, without any spectacular events like that
馃搲 crvUSD Stability Test
**crvUSD Performance During Market Downturn** Crypto markets have experienced significant corrections since late October, with most assets declining sharply. Only **Sui (+3.3%)** and minor tokens like **Zeebu (+1.4%)** showed gains over the 7-day period. **Key Market Factors:** - Major correction began after price peak on October 29th - Market awaiting **US presidential election clarity** for potential bounce - Investor sentiment driven by *perceived* rather than actual economic impact **crvUSD's Response:** The stablecoin's performance during this volatility provides insights into its **advanced bonding curve mechanisms** and ability to maintain stability during market stress. *Chart analysis reveals how crvUSD's deep on-chain liquidity system handles extreme market conditions.*
Bybit Features crvUSD Educational Content
Bybit has published educational content about **crvUSD** on their learning platform. The article appears on Bybit's official educational resource at [learn.bybit.com](https://learn.bybit.com/en/article/13569). **Key Points:** - Major exchange highlighting Curve's stablecoin - Educational focus suggests growing institutional interest - Part of Bybit's broader DeFi content strategy This coverage indicates **mainstream recognition** of crvUSD's role in decentralized finance. [Read the full article](https://learn.bybit.com/en/article/13569)
Sigma Money Launches Protocol FX Clone on BNB Chain with Curve Integration
**Sigma Money** has launched on BNB Chain as essentially a clone of Protocol FX, selecting **Curve** as the primary platform for their **bnbUSD** asset. Key developments: - The project mirrors Protocol FX's proven mechanism - **bnbUSD** will be hosted on Curve's platform - Early indicators show this approach generates **strong trading volumes** This follows a pattern of successful DeFi protocols expanding across chains while leveraging Curve's established liquidity infrastructure. The choice of Curve suggests a focus on **deep liquidity** and stable trading conditions for bnbUSD. The launch represents another cross-chain expansion in the evolving DeFi landscape.
馃搳 Curve Week 41 Yields
**Curve Finance released its Week 41 yield metrics**, continuing their regular reporting on DeFi liquidity performance. The platform maintains its focus on **providing transparent yield data** to users navigating decentralized finance opportunities. - Weekly yield tracking across Curve's liquidity pools - Consistent reporting despite quieter market conditions - Data-driven insights for DeFi participants Curve's commitment to regular updates helps users make informed decisions about their liquidity provision strategies.
馃攧 Curve Launches on X Layer
**Curve Finance has officially launched on X Layer**, expanding its decentralized exchange capabilities to a new blockchain network. The deployment focuses on **stablecoin trading with optimized speed**, leveraging Curve's signature automated market maker technology. - Fast stablecoin swaps now available on X Layer - Access through [Curve's X Layer pools](https://www.curve.finance/dex/x-layer/pools) - Continues Curve's multi-chain expansion strategy This launch adds another network to Curve's growing ecosystem, following previous deployments on various Layer 1 and Layer 2 solutions.