Curve Finance revenue doubles in strong Q3, volume hit $29b
Decentralized finance protocol Curve Finance saw a notable increase in platform revenue in the third quarter of 2025, with trading volume also surging among other core metrics.
- Curve Finance revenue rose in strong Q3, with trading volume hitting $29 billion.
- Revenue rose from $3.9 million to $7.3 million, and was fully redistributed to veCRV holders.
- Data shows the protocol’s DEX trading volume hit $11 billion in October.
Curve Finance announced its third-quarter (Q3) 2025 growth report on Tuesday, November 11, highlighting a more than double increase in protocol revenue over the quarter. With a strong second half of the year to build on, Curve DAO ( CRV ) saw its three-month revenue jump to $7.3 million.
The platform, which redistributed a share of the generated revenue to veCRV holders, had ended Q2 with $3.9 million.
Meanwhile, momentum across stablecoin trading, helped by deeper liquidity, saw trading volume spike to $29 billion. Curve reported $25.5 billion in cumulative trading volume for the quarter ending June 30, 2025. In Q3, the DeFi protocol’s total value locked rose from $2.1 billion to $2.3 billion.
DEX trading volume jumped $11 billion in October, reaching a six-month high and signalling fresh DeFi momentum. Curve founder Michael Egorov reposted the metric below.
What drove Curve Finance’s Q3 gains?
According to the Curve Finance team, stablecoin demand is behind the momentum that drove the protocol’s Q3 outperformance.
Notably, the platform’s native stablecoin, crvUSD, remains steady, with volume hovering around $124 million and a market cap of $278 million. Volume on the day was up 25%, with this suggesting consistent usage as Curve prepares for Yield Basis integration.
Yield Basis is a new protocol by Curve Finance founder Egorov.
The project also documented key milestones, including multi-chain expansion across Plasma and Etherlink. Meanwhile, a PYUSD/USDS liquidity pool launched via a Spark partnership has swiftly surpassed $90 million in TVL.
CRV, the native Curve DAO token, is listed on Robinhood , which provides broader access and adoption in the U.S. market. The token traded around $0.48, about 18% up over the past week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hyperliquid News Today: Crypto Whale Maintains $145M ETH Position After $4.9M Loss, Anticipates Surge to $3,860
- Hyperliquid's whale 0x9ee holds $145M ETH long with $4.9M loss, targeting $3,860 rebound despite market volatility. - Portfolio includes $52.2M XRP long and $44M ASTER short, highlighting leveraged crypto trading's mixed gains/losses. - Platform faces $5M liquidity loss from Popcat manipulation and 38% HYPE futures decline, signaling ecosystem instability. - High-leverage risks exposed by $168M liquidation and $100M BTC loss parallels, underscoring market fragility. - ASTER short turning to long position
Crypto Privacy Era Concludes as IRS Integrates into International Tax System
- The White House proposes IRS access to offshore crypto transactions via OECD's CARF framework to combat tax evasion and align with global standards. - CARF, supported by 72 countries including major economies, will enable cross-border data sharing while exempting DeFi transactions from new reporting rules. - U.S. crypto exchanges will report detailed transactions to IRS from 2026, marking a shift toward transparency as markets react with price volatility. - Critics raise privacy concerns over expanded IR
TRX News Today: JUST DAO Links USDJ with TRX to Address Market Fluctuations and Regulatory Challenges
- JUST DAO suspends USDJ operations, pegging it to TRX at 1:1.5532 to stabilize amid crypto volatility and regulatory scrutiny. - USDJ surged 187.82% pre-announcement, outperforming Bitcoin’s 0.77% drop as TRON-based assets show resilience. - Market cap fell to $3.21T as USDJ’s TRX peg aims to reduce fiat reliance and align with DeFi’s blockchain-native trends. - Mixed reactions highlight risks of TRX volatility undermining the peg, while analysts foresee TRX’s DeFi integration boosting its 2025 appeal.
TWT's Updated Tokenomics Framework: Transforming DeFi Governance and Enhancing Investor Yields
- Trust Wallet's TWT token redefines DeFi governance through utility-driven value creation, deflationary supply, and community governance in 2025. - Permanent burning of 88.9 billion tokens creates scarcity, while gas discounts, collateral capabilities, and governance rights align utility with platform adoption. - Hybrid investor returns combine scarcity-driven appreciation, staking yields, and fee-burn mechanisms, but depend on Solana ecosystem performance and utility adoption. - Challenges include fragme
Trending news
MoreCrypto prices
More
