# Curve Finance

> Creating deep on-chain liquidity using advanced bonding curves

Curve Finance is a decentralized exchange protocol that enables low-slippage swaps between like-priced assets such as stablecoins and liquid staking tokens.

Curve Finance operates as a DAO-governed DeFi ecosystem offering an efficient AMM for stablecoins and correlated assets, the CRV governance token with vote-escrow mechanics, the crvUSD over-collateralised stablecoin, and a permissionless lending market.  Curve now spans multiple EVM chains while fees and key parameters are controlled on-chain by CRV voters.

- Type: Protocol
- Sector: Finance
- Status: Active
- Founded: 2020-01-01
- Profile: https://thegrid.id/profiles/curve_finance

## Products

- [Curve DEX](https://thegrid.id/profiles/curve_finance): Curve DEX is an AMM that facilitates low-fee swaps and liquidity provision for stablecoins, wrapped assets, and liquid staking tokens across multiple chains. (Decentralised Exchange, Live, Main Product)
- [Curve Lend](https://thegrid.id/profiles/curve_finance): Curve Lend is a permissionless lending market that lets users create isolated collateral-debt pairs backed by Curve’s LLAMMA design. (Decentralised Borrowing & Lending, Live)

## Assets

- [Curve DAO Token (CRV)](https://thegrid.id/profiles/curve_finance): CRV is the governance token of Curve Finance. It is used to vote on protocol upgrades, direct liquidity incentives across trading pools, and earn trading fees. Holders must lock their tokens to receive veCRV (vote-escrowed CRV), a mechanism that grants long-term stakers significantly more voting power to incentivize long-term decision making. (Governance)
- [crvUSD (CRVUSD)](https://thegrid.id/profiles/curve_finance): CRVUSD is a USD-pegged stablecoin issued by Curve Finance. It is used as collateral in DeFi lending markets, for liquidity provision, and as a base asset for trading across multiple protocols. The stablecoin utilizes LLAMMA (Lending-Liquidating AMM Algorithm) to gradually convert collateral into crvUSD within a price range rather than triggering instant liquidation at a single price point, allowing positions to automatically recover if the market rebounds. (Stablecoin)

## Links

- [Main](https://www.curve.finance)
- [Blog](https://news.curve.finance)
- [Governance](https://gov.curve.finance)
- [Whitepaper](https://classic.curve.finance/whitepaper)
- [Governance](https://www.curve.finance/dao/ethereum/proposals)
- [Twitter / X](https://x.com/curvefinance)
- [Telegram](https://t.me/curvefi)
- [Discord](https://discord.gg/rgrfS7W)
- [YouTube](https://www.youtube.com/@CurveFinanceChannel)
- [GitHub](https://github.com/curvefi)
- [Telegram](https://t.me/curvefiann)

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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP