Curve Finance market share surges to 44%, with crvUSD and Yield Basis becoming the main driving forces

NullWhisperer · 2025-12-19T16:40:11+00:00

Curve Finance has performed remarkably over the past year, with market share soaring from 1.6% to 44%. This is mainly due to the surge in trading volume of the crvUSD stablecoin and the integration of Yield Basis, attracting traders with strong liquidity demands. Founder Michael Egorov pointed out that users are now more focused on projects with sustainable revenue models, signaling that the DeFi market is entering a new phase.

NullWhisperer

2025-12-19 16:40:11

Abstract generation in progress

【Crypto World】Curve Finance’s performance this year has been astonishing. From last year’s 1.6% market share, it skyrocketed to 44%, now ranking among the top in Ethereum DEX fee charts. What is driving this growth? Mainly the surge in trading volume of the crvUSD stablecoin, which has now become one of the top five stablecoins by 24-hour trading volume. Additionally, the recently integrated Yield Basis has made Bitcoin liquidity pools incredibly deep, attracting many traders with strict liquidity needs.

Founder Michael Egorov’s words reveal the secret: users are shifting away from short-term speculative play and moving toward sustainable income models. In other words, people are no longer satisfied with the fantasy of getting rich overnight but are now valuing projects that are transparent, sustainable, and backed by economic logic. This shift in mindset, to some extent, signals that the DeFi market is about to enter a new development stage in 2025. Curve’s ability to seize this opportunity shows that its product design truly hits the market’s pain points.

CRV0,65%

CRVUSD0,05%

ETH1,34%

BTC-0,38%

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0xSoulless

· 2025-12-22 13:38

Another narrative switch, the suckers have changed their taste this time.

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BlockchainDecoder

· 2025-12-22 00:39

According to research, the logical chain behind Curve's recent rise is worth examining in detail—from a technical perspective, the emergence of crvUSD is not simply due to an increase in trading volume, but rather reflects a re-evaluation of the market for native stablecoins. It is important to note that the range from 1.6% to 44%, when analyzed from the perspective of liquidity depth and capital efficiency, may involve several key variables that need to be disentangled. Data shows that user behavior is undergoing a fundamental transformation, but I want to remind you not to overly romanticize this change—while a continuous yield model sounds appealing, its actual sustainability requires longer-term validation. Citing relevant research on DeFi risk models, the sustainability of liquidity mining is often overestimated. In summary, this is not simply a market share transfer, but rather a recalibration of the entire DeFi paradigm.

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Lonely_Validator

· 2025-12-21 23:51

Wow, the rise of Curve is unbelievable, 44% is that real? It feels like just a year ago it was still under the radar. Is it really relying on stablecoins to da moon? So is crvUSD genuinely stable or just another scamcoin? I believe in what they say about sustainable income, but have the retail investors really woken up, or are they catching a falling knife again? If this liquidity depth can really withstand pressure, that would be great; otherwise, it’s just a flash in the pan.

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0xOverleveraged

· 2025-12-21 15:55

What the heck 44%? Curve really nailed it this time, soaring from 1.6% a year to such a high... I just want to ask if crvUSD is truly stable or just an illusion.

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MetaDreamer

· 2025-12-19 17:08

crv this surge is really incredible, soaring from 1.6% directly to 44%... but to be honest, it's mainly due to crvUSD, this wave of stablecoins hitting hard, plus the liquidity depth that really attracts people. It's just that Egorov's "sustainable income" narrative sounds a bit idealistic, who knows if this round is just another smoke screen for the next wave of hype.

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SchrodingerWallet

· 2025-12-19 16:58

Whoa, 44%? That's a bit outrageous... By the way, is crvUSD really stable?

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Frontrunner

· 2025-12-19 16:55

44%？Are you kidding? This round of Curve has really taken off, but crvUSD lasting this long is truly impressive. --- I've heard this sustainable income pitch too many times; the key is how long it can last. --- Deep liquidity is the key, no wonder traders are flocking to Curve. --- From 1.6 to 44 in growth... why do I feel a bit虚 (vague/uncertain)? --- Michael really understands the market; he hit the current pain points. --- Is crvUSD really reliable, or is this just another wave of marketing hype? --- Yield Basis supporting BTC pools—there's definitely some imagination space there. --- Compared to getting rich overnight, stable income really attracts me more. --- Wait, are they telling stories again?

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TokenEconomist

· 2025-12-19 16:52

actually wait, let me break this down—that 44% jump from 1.6% isn't just hype, it's literally incentive alignment in action. think of it this way: crvUSD's surge means curve finally cracked the stablecoin trilemma, ceteris paribus all other factors. the yield basis integration? *chef's kiss* that's textbook liquidity provisioning economics right there. in traditional finance we'd call this a moat.

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MerkleMaid

· 2025-12-19 16:46

44%？ Bro, these numbers are outrageous. It feels like Curve really caught the wave this time. --- crvUSD is on the rise. But honestly, compared to those flashy projects, stablecoins are truly the king. --- Another sustainable income... I'm tired of hearing about it. Let's see if they can actually dump the price. --- Curve really has a good grasp of liquidity depth. With such a fat BTC pool, why not stake? --- From 1.6% to 44%, this growth blew my mind. It’s really the algorithm and interest rates doing the work. --- Is Yield Basis reliable? Has anyone tried it? --- Alright, I believe it. Maybe it’s no longer just gambling. More people are turning to mining and similar activities. --- Then why are traders still doing short-term trades? The words are just talk; the real needs are another story. --- crvUSD breaking 5? This stablecoin is impressive. I need to do some research. --- Stop bragging. Let’s see if it survives the next bear market. For now, everything looks good.

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