Curve Finance’s new release positions project for AMM takeover

Curve Finance’s new release positions project for AMM takeover


A new release from a foundational DeFi protocol seeks to combine two popular asset swap models into a hybrid that may reshape the nature of the automated market maker (AMM) space — a DeFi primitive currently accounting for well over $40 billion in total value locked, per DeFiLlama. 

Earlier today Curve Finance announced the launch of a new “algorithm for exchanging volatile assets.” Curve’s base functionality is designed to enable low-slippage swaps between similar assets, such as one type of stablecoin to another — USDC to DAI, etc — by concentrating liquidity on a bonding curve weighted towards a particular price.

When swapping or depositing: treat it to be similar to typical crypto pools elsewhere, except with smaller slippage on average https://t.co/yrhzW35y1B

— Curve Finance (@CurveFinance) June 9, 2021

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However, the new release will allow low-slippage swaps between “volatile” assets, such as a ETH/WBTC pool, or between assets that have ever-changing changing prices. The new pools will accomplish this with a combination

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