Curve Price Analysis – 8th December 2021
Curve Price Analysis - 8th December 2021
Non-custodial decentralized exchanges (DEXs) have quickly risen to prominence since mid-2020, along with the rise of various other DeFi mechanisms. Curve Finance is unique amongst its peers, filling the stablecoin swaps niche exclusively.
Curve (CRV) is an Automated Market Maker (AMM) based Decentralized Exchange (DEX) protocol, similar to Uniswap, Sushiswap, and 1inch. Unlike the other DEXs, most of Curve’s 23 available pools aim to swap between tokens of the same value, such as stablecoins. The CRV token is a governance token with the ability to accrue Curve exchange fees based on a time-based staking system.
Technical analysis
Watch the full Curve Technical Analysis on YouTube
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