The wider crypto market is largely in the green on Friday, with several blue-chip decentralized finance (DeFi) tokens doing especially well.
CRV, the governance token of the decentralized exchange Curve, is up 15.58% over the past 24 hours, as it hit a monthly high of $1.56 before backtracking to $1.49 at the time of writing, according to CoinMarketCap.
With a market cap of more than $770 million, CRV is currently the 62nd-largest cryptocurrency.
Recently, the project was praised by analysts at Delphi Digital, who noted that Curve v2 quoted better execution prices than Uniswap v3 for approximately 65% of all ETH/USDT transaction volume. This is despite the fact that Curve protocol gas prices are nearly twice as high as those on Uniswap.
In 2022, @CurveFinance v2 quoted better execution prices than @Uniswap v3 for ~65% of all ETH/USDT transaction volume.
On @arbitrum, Curve Tricrypto is dominating $ETH volumes with more than 83% of total market share.
What's happening, and are the...
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