Curve Finance Sees Surge in USDe-DAI Trading Volume and Liquidity Utilization
Curve Finance, a decentralized exchange liquidity pool on Ethereum, experienced a significant spike in trading volume and liquidity utilization for its USDe-DAI market on March 30th, 2024. The market saw a trading volume of 97 million and a liquidity utilization rate of 585%, according to a tweet from Curve Finance. This surge is attributed to the launch of new USDe-DAI markets by MorphoLabs and Spark. The Curve Finance community is now calling for the allocation of CRV emissions to incentivize liquidity provision on the LlamaLend sUSDe-crvUSD market.