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Curve Finance is a decentralized exchange (DEX) and automated market maker (AMM) protocol that was created in January 2020 by Michael Egorov. It is focused on stablecoin trading and yield optimization. In August 2020, Curve Finance launched Curve’s decentralized autonomous organization, called Curve DAO, as well as the CRV token. Curve DAO is governed by CRV token holders, who vote on issues including fees and liquidity pools. CRV token holders have voting rights within Curve DAO in order to give active participants in the protocol decision making power. CRV is an ERC-20 token that is compatible with the Ethereum ecosystem, as well as networks like Avalanche and Polygon via bridging. To participate in Curve DAO, you must lock up your CRV token(s) for a period of up to 4 years. You will then receive veCRV, aka vote-escrowed CRV. The longer you lock up your CRV for, the more veCRV you receive: 1 CRV locked for 1 year = 0.25 veCRV 1 CRV locked for 2 years = 0.50 veCRV 1 CRV locked for 3 years = 0.75 veCRV 1 CRV locked for 4 years = 1 veCRV CRV offers incentives for holding veCRV, such as: governance, larger share of platform fees, and up to 2.5x liquidity rewards. Owners of CRV are typically active DeFi traders and community-driven crypto enthusiasts.| Today (November 28, 2025) | $0.4419 | +0.73% |
|---|---|---|
| 24 hours ago (November 27, 2025) | $0.4387 | +0.73% |
| 1 week ago (November 21, 2025) | $0.4171 | +5.96% |
| 1 month ago (October 29, 2025) | $0.5312 | -16.81% |
| 1 year ago (November 28, 2024) | $0.5088 | -13.14% |
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