Specialization
Stable & pegged assets
Curve focuses on assets that aim to track a reference value (for example 1 USD) or closely related prices. This allows tighter pricing curves.
DEX • Stablecoin pools
Curve Finance – low-slippage swaps for stablecoins and similar assets.
Curve is a DEX optimized for stablecoins and assets that trade around a similar price. Its pools aim to offer low slippage and deep liquidity. This page explains the basic idea and the main risks in a neutral, educational format.
Stablecoin-focused
Low-slippage design
Used as DeFi building block
Design
Stable pools
Low slippage
Curve’s pool formulas are tuned for assets that should stay close in price, such as
stablecoins or liquid staking derivatives with similar pegs.
Role in DeFi
Infrastructure
Composability
Many other protocols build on top of Curve pools, which can increase both the
potential utility and the complexity of the overall risk picture.
Curve Finance – key facts
What makes this DEX different from generic AMMs.
Common use
Stablecoin swaps
Users may swap between stablecoins or other similar assets with relatively low slippage, depending on pool depth and current conditions.
DeFi integrations
Building block
Many DeFi strategies and yield products route liquidity through Curve pools, which can add extra layers of smart-contract and protocol risk.
How Curve pools operate
Simplified view of the stable-swap mechanism and liquidity provision.
Stable-swap curve
Pricing
Curve uses a specialized bonding curve designed to keep prices tight when tokens remain close to their peg, while still allowing rebalancing when imbalances arise.
The result can be lower price impact for many stablecoin trades compared with generic x*y=k AMMs, especially in deep pools.