Curve Review 2023
Curve is a popular decentralized exchange created by Shachar Bialick in 2020.
It runs on 7 different chains including Ethereum, Polygon, Arbitrum.
Curve offers features such as liquidity mining, spot trading and more.
We rated Curve 5/5, based on it's features, security, and future prospects.
Curve Features
Liquidity Mining
Curve allows you to earn passive income by providing liquidity. You're given LP tokens in return, which are interest bearing. The interest comes from trading fees generated by Curve.
Spot Trading
This means you can buy and sell the real thing. Actual crypto. Not a futures contract or derivative.
Curve Fees
Trading Fees
All DEXs charge trading fees. Curve is no different.
Trading fees incentivise liquidity providers to provide liquidity to Curve. This enables people like you to freely trade between tokens without incurring too much slippage.
Withdrawal Fees
Curve does not charge withdrawal fees.
DEXs, generally, do not require you to deposit funds onto them. Therefore there is nothing to withdraw. This is one of the many great things about dencentralized exchanges. You get to be the sole custodian of your funds.
How to use Curve?
- Get a crypto wallet that supports web3 on one Curve's of supported chains.
- Deposit crypto into the wallet, ensuring you have tokens for gas
- Navigate to Curve's homepage
- Connect your wallet to the website
- Goto Swap/Trade
- Choose a token that you'd like to swap to
- Finally, swap!
FAQ
Where can I buy CRV ?
You can by CRV direct from Curve. It is the native token of Curve, and they will therefore offer the most liquidity.
Is Curve safe?
Yes, Curve is safe to use. However, you should be aware that crypto trading carries inherent risk. dApps are vulnerable to exploits, so make sure to DYOR before investing.
What chains do Curve support?
Curve supports Ethereum, Polygon, Arbitrum, Fantom, Avalanche, Optimism, Gnosis.