Decentralized liquidity pool for efficient stablecoin trading
Curve.fi, also called Curve or Curve Finance is a decentralized exchange liquidity pool on the Ethereum network. It was designed to improve the efficiency of stablecoin trading and was launched in January 2020. This pool allows users to trade stable coins with low slippage and low fee, designed specifically for stablecoins and earning fees. On the backend, tokens supplied to the pool are also supplied to the Compound protocol or yEarn Finance to generate more income for liquidity providers.
There are several Curve pools, such as Compound, Pax, Y, BUSD, sUSD, ren, and sBTC. Although the team plans to launch their own native token, there is no Curve token at the moment. Curve code has been audited by Trail of Bits in March 2020, making it one of the few projects out there who are audited by external parties.