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Curve Finance Daily Volume Reaches $847 Million as 3pool Becomes USDT-Heavy

(2 hours ago) · 1 source · Summarized by CryptoBipto

Curve Finance saw its trading volume jump to $847 million as the composition of its 3pool shifted further toward USDT. The 3pool, one of Curve's largest stablecoin liquidity pools, has become increasingly imbalanced with a higher proportion of USDT relative to USDC and DAI.

WHY IT MATTERS

Think of Curve's 3pool like a shared jar that holds three types of tokens, each supposed to be worth exactly one dollar.

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SOURCES

  • thedefiant.io

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