Curve Finance is a DAO-governed decentralized exchange focused on stable-asset liquidity and the issuer of the crvUSD stablecoin.
| Product | Backing | Status | Market cap |
|---|---|---|---|
| CRVUSDCurve USD | Crypto Backed | Active | $224M |
| Founded | 2020 |
| Stage | DAO |
| Ticker | CRV unverified |
| Founders | Michael Egorov unverified |
| Key events | Date 2020-01 · Event Curve Finance launched as a decentralized exchange for stable-asset tradingDate 2023-05 · Event Launched crvUSD, an overcollateralized US-dollar stablecoinDate 2024-11 · Event Introduced Savings crvUSD (scrvUSD), a yield-bearing wrapper for crvUSD |
| Website | https://curve.finance/ |
## Overview Curve Finance is a decentralized exchange and DAO-governed protocol focused on efficient trading and liquidity for stable assets. Protocol parameters and treasury are controlled by CRV-token governance rather than by a central operating company. ## Products Curve issues crvUSD, an overcollateralized US-dollar stablecoin minted against DAO-approved crypto collateral. A yield-bearing wrapper, Savings crvUSD, lets holders earn from borrower interest. ## Regulatory Status As a decentralized, DAO-governed protocol, Curve does not operate as a licensed issuer; no issuer-level licenses or registrations were identified.