Real-Time CRV Price Insights
Curve DAO Token (CRV) is currently trading at $0.5098**, with a 24-hour trading volume of **$50,525,776. The token has experienced a 5.34% decline over the past day but shows a 1.55% increase over the last week. Key metrics:
- Market Cap: $693,691,048
- Max Supply: 3,030,303,030 CRV
- Circulating Supply: 1,360,718,351 CRV
- Market Rank: #77
👉 Track CRV price in real-time
Historical Context:
CRV's current price is 99.16% below its all-time high and 178.67% above its record low.
What Is Curve DAO Token (CRV)?
CRV serves as the governance token for Curve Finance, a leading decentralized exchange (DEX) specializing in stablecoin trading via automated market maker (AMM) technology. Key features:
- Focuses on low-slippage stablecoin swaps
- Offers liquidity pools, yield farming, and staking
- Governed by a DAO structure using CRV for voting
Founding Team
Curve was founded in 2019 by Michael Egorov, a physicist and blockchain veteran. The CRV token launched on August 14, 2020, initially distributed to liquidity providers. Despite early controversies, the platform has maintained its position as a top DeFi protocol.
CRV Token Utility
Primary Use Cases:
- Governance Voting: Users lock CRV to vote on protocol changes
- Yield Boosting: veCRV tokens reward long-term lockers
- Fee Distribution: 50% of trading fees go to DAO participants
Tokenomics:
- Total Supply: 3.3 billion CRV
- Deflationary model with burning mechanisms
- High volatility due to unpegged value
Liquidity Pool Types
| Pool Type | Description |
|---|---|
| Regular Pools | Standard stablecoin swaps |
| Lending Pools | Integrates with Compound/yPool/AAVE |
| Meta Pools | Enables trading of illiquid assets |
Key Market Data
24-Hour Volume: $50,525,776
All-Time High: $60.50 (Aug 14, 2020)
All-Time Low: $0.1829 (Aug 5, 2024)
FAQ
Q: Where can I buy CRV?
A: Major exchanges include Binance, KuCoin, and Kraken.
Q: How do I participate in Curve governance?
A: Lock CRV for 1 week–4 years to earn voting power.
Q: What makes Curve unique among DEXs?
A: Its specialized stablecoin pools minimize impermanent loss.
Q: Is CRV a good investment?
A: Like all crypto assets, CRV carries risk. Research the project's fundamentals and market trends before investing.
👉 Secure your CRV with Ledger wallets
Final Thoughts
Curve DAO Token remains a cornerstone of DeFi infrastructure, though its price reflects broader market volatility. For traders, CRV offers opportunities through its governance incentives and liquidity provisions. Always conduct thorough research and consider your risk tolerance when dealing with crypto assets.