Curve Finance monthly revenues up more than 20% on DeFi surge
Curve Finance has reported annualized revenues of nearly $37 million over the last 30 days, marking a 23% increase from the previous month. This surge in revenues is attributed to heightened demand for leveraged financing, the launch of the new Savings vault, and the scrvUSD token. The growth reflects an optimistic market climate following recent U.S. elections, with expectations of pro-crypto policies. Since the election of Donald Trump on November 5, Curve's native token, CRV, has soared approximately 300% and its market capitalization now exceeds $1 billion. In 2023, Curve introduced crvUSD—a stablecoin backed by multiple digital assets—and subsequently launched scrvUSD to provide low-risk returns, which has already attracted nearly $14.5 million in deposits. Additionally, the demand for low-risk yield generation is increasing, particularly for tokenized real-world assets such as Treasury bills, further exemplified by the rise of tokenized Treasury products with a total value locked exceeding $2.5 billion.
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