Costs, licensing, consumer protection Privacy, self-custody, censorship resistance

Curve Finance

Curve

4.2/5 3.6/5 · Data verified on

Curve is a DEX specialised in stablecoin swaps, offering some of the lowest fees in the sector (0.01–0.04%), its own crvUSD stablecoin and a veToken governance model. It remains marked by the 2023 hack and the complexity of its veToken governance.

61
Transparency: Medium
61/100 · see methodology
61
Data exposure: Medium
61/100 · lower is better for sovereignty · methodology

Data & conditions

Liquidity model AMM
Maker / Taker fee 0.04% / 0.04%
Markets Spot
Supported chains Ethereum, Arbitrum, Optimism, Polygon, Avalanche, Fantom
TVL (as of Jun 13) $2.1B
24h volume $80M
Native token CRV
Fund custody Non-custodial (funds in your wallet)
Supported wallets MetaMask, WalletConnect, Coinbase Wallet, Ledger, Trezor, Gnosis Safe
Audits Trail of Bits (2020), MixBytes (2020, 2023 crvUSD), Quantstamp (2020), ChainSecurity (2021, 2022, 2023, 2024)
Governance DAO + CRV token + veCRV
KYC Full
Supported countries US, EEA, APAC, LATAM, MENA, AFRICA · 200+ countries
Regulator None
Segment B2C
MiCA / License status None (decentralized protocol)

Strengths

  • Specialista stablecoin: fee 0,01-0,04% (lowest DEX); crvUSD; veToken.
  • Self-custody: funds stay in your wallet — the platform cannot touch them.
  • Permissionless and decentralized: no approval needed to operate.
  • Public security audits.

Weaknesses

  • Hack 2023; complessità governance veToken.
  • Full KYC required: verified identity, zero pseudonymity.

Verdict

A B ★ 4.2/5 ★ 3.6/5

Even for the leader in stablecoin swaps, formal protection is absent: no regulator, no guarantees and keys on the user. The grade still ranks among the highest in the category because the model is battle-tested, but the 2023 hack and complex veToken governance remain the factors keeping it from climbing higher, especially for those not fluent in DeFi.

This is where Curve excels: a non-custodial AMM specialised in stablecoin swaps with the lowest fees in the sector (0.01–0.04%), on-chain settlement across six chains, its own crvUSD stablecoin and veToken governance. Minimal slippage, no KYC and full fund control make it a reference tool for the sovereign user; the veToken model's complexity is the only price to pay.

Privacy & anonymity 30% 2.3
Fund control 20% 5.0
Censorship resistance 20% 3.3
Trustless / auditability 20% 4.2
Costs 10% 4.6

Promp's editorial rating based on real fees and net annual cost. Promp reviews third-party products independently.

"Sovereignty" rating: score computed on privacy/anonymity (30%), fund control (20%), censorship resistance (20%), trustless/auditability (20%) and costs (10%). Same data, different weights.

FAQ

Is Curve Finance truly decentralized?

Curve Finance is a non-custodial decentralized exchange: funds stay in your wallet. Liquidity model: AMM. Governance token: CRV.

Which blockchains does Curve Finance support?

Curve Finance is available on Ethereum, Arbitrum, Optimism, Polygon, Avalanche and Fantom.

What is Curve Finance's TVL?

Curve Finance's Total Value Locked is about $2.1B (snapshot 2026-06-13). The figure is dynamic: check the live value on DefiLlama.

What are Curve Finance's fees?

Curve Finance's trading fees range 0.04%. On top of these there are on-chain gas fees, which vary with network congestion.

Does Curve Finance support perpetuals and leverage?

Curve Finance does not offer perpetuals. It supports spot token swaps.

Sources

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Update history

✓ Terms unchanged since Jun 1, 2026

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