January 29, 2021: Curve Turns 3 Billion💲3️⃣🅱️♣️
Keep Ahead of the Curve
Here are today’s trends to watch from Curve Market Cap:
Curve passes $3B in total deposits!
A phenomenal success story within the rapidly expanding world of #DeFi. The only thing more curvalicious than the $CRV token itself may be the shape of this graph:
The Curve ecosystem is remarkably balanced, with no obvious Pareto Principle at effect. Arguably the driver of growth is the addition of so many new pools over the past few months, many of which tend to themselves expand slightly. In other words, Curve is very good at continuing to launch new services which tend to be useful.
The actual coin holdings fall into a few larger buckets. In order to wipe out the majority of Curve holdings, it would require disappearing both DAI and USDC.
Another encouraging trend for Curve is the continued growth of cross asset transactions. Since launch, the trendline points towards both growing larger average transaction size and number of daily transactions
At $3 billion, Curve has exceeded the market cap of companies like 6 Flags and Tootsie Roll.
At this milestone, Curve’s deposits now exceed the GDP of Greenland.
For more info, check our live market data at https://curvemarketcap.com/ or our subscribe to our daily newsletter at https://curve.substack.com/. Nothing in our newsletter can be construed as financial advice.