What is Curve Finance?

Curve is a DEX focused on stablecoins and assets with similar pegs, enabling low-slippage swaps and yield from liquidity provision and incentives.

How do yields work on Curve?

LPs earn trading fees and, where applicable, additional incentives (e.g., CRV/partner tokens). veCRV boosting and external protocols can further enhance yields.

What are the main risks?

Impermanent loss (especially in non-stable pools), smart-contract vulnerabilities, and market/liquidity risks. Always diversify and monitor positions.

Curve Finance Review 2025 — Stablecoin AMM & Yield

Name: Curve Finance
Brand: Curve
Availability: InStock
Rating: 4.4 (1 reviews)

Low-slippage swaps, deep liquidity for like-assets, boosted yields, and broad DeFi integrations. Here’s how Curve stacks up in 2025.

Start with Curve

What’s New in 2025

Refinements to pool UX, better analytics on fees/IL, partner integrations for boosted rewards, and improved multichain accessibility via aggregators.

How Curve Works

AMM for like-assets: specialised bonding curves minimise slippage for stablecoins and pegged assets.
Liquidity Provision: deposit tokens into pools to earn fees + incentives.
Boosts & Governance: lock CRV for veCRV to influence rewards and gain boosts.

Pools, Yields & Boosts

Stablecoin pools (USDT/USDC/DAI) for lower IL and consistent fees.
Like-asset pools (LSTs, bridged assets) with varying risk/return.
Boosted yields via veCRV, Convex/Pendle integrations (advanced users).

APR varies by pool, chain, incentives, and volume. Always check live rates and projected IL before depositing.

Security & Risks

Smart-contract risk: audits reduce but do not eliminate risk.
Impermanent loss: even in stables, depegs can cause losses.
Liquidity/market risk: lower depth on side-chains; gas costs on L1.

UX & Integrations

Curve pools are widely integrated across DeFi dashboards, yield optimizers, and LP tooling. UI remains utilitarian; advanced features are available via partners.

Curve vs Alternatives

Uniswap: broader token coverage; concentrated liquidity but higher IL on volatile pairs.
Pendle: tokenized yields and fixed-yield strategies; complements Curve pools.
CeFi Earn: simpler UX, but custodial and capped yields.

Pros & Cons

Pros

Low-slippage swaps for stables/like-assets
Deep liquidity and broad integrations
Boosted yields and governance via veCRV

Cons

Boosting/veCRV mechanics add complexity
Impermanent loss & depeg risks
L1 gas costs; UX can feel advanced

User Feedback

“My go-to for stablecoin swaps; fees add up nicely for LPs in the right pools.” — Elena, Italy

“Boosts are powerful but not plug-and-play — read the docs first.” — Kenji, Japan

Our Verdict

Curve remains a core DeFi primitive in 2025. For stablecoin swaps and like-asset liquidity, it’s hard to beat. LPs should size positions prudently, understand the benefits of boosts, and diversify across pools and chains.

Start with Curve Stablecoin pools • Low slippage • Boosted yields