Being a foundational layer of DeFi, this move will further stimulate the growth of the BNB Chain's DeFi ecosystem.Ĭurve Founder Michael Egorov affirmed, "The remarkable footprint BNB Chain has already established within the DeFi domain makes it the perfect home for both the current and upcoming offerings from Curve. As part of this partnership, Curve will launch on BNB Chain. Aim for Synergy with BNB Chain IntegrationĬurve currently operates across several chains, delivering speed and cost benefits. This partnership marks a new beginning, and we eagerly anticipate synergizing efforts to catalyze the growth of the burgeoning DeFi ecosystem," stated Yi He, Co-Founder of Binance and Head of Binance Labs.
In light of recent events affecting the protocol, Binance Labs stands in firm solidarity with Curve, offering both our financial support and strategic collaboration. "As the premier stableswap protocol, Curve has played an instrumental role in propelling the DeFi landscape's steady expansion throughout 2023. Additionally, it empowers users with staking capabilities, boosts transaction efficiency, and empowers them to partake in governance decisions. The linchpin of the Curve DeFi protocol, Curve DAO Token (CRV), is the utility token driving stablecoin and ERC-20 token exchanges. The platform is thoughtfully designed to facilitate seamless ERC-20 token swaps for users and other decentralized protocols, boasting minimal fees and slippage. Currently the largest stableswap and the second-largest DEX, Curve boasts a staggering $2.4 billion in total value locked (TVL) and a robust daily trading volume of $215 million as of writing.
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