Curve Financeâs new release positions project for AMM takeover An ETH, WBTC, and USDT trading pool is live on Ethereum, and more trading pairs and pools are expected to be added to the platform in the coming weeks. 6543 Total views News
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 â a DeFi primitive currently accounting for well over $40 billion in total value locked, per DeFiLlama.Â
Earlier today Curve Finance announced the launch of a new âalgorithm for exchanging volatile assets.â Curveâs base functionality is designed to enable low-slippage swaps between similar assets, such as one type of stablecoin to another â USDC to DAI, etc â by concentrating liquidity on a bonding curve weighted towards a particular price.
Michaël van de Poppe Mentions Three Cryptos That May Restart Alt Season As Mark Cuban Buys More
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Michaal van de Poppe, a top crypto analyst, has offered his thoughts on the prospect of a new altseason, highlighting three cryptos that appear to be primed for new breakouts.
In a new video, Van de Poppe tells his 103,000 subscribers that despite the harsh late-May correction that saw Bitcoin tumble to $30,000, an altseason may be in the cards in the coming weeks.
The whole altcoin market cap is still above the 21-day weekly moving average (21 WMA), indicating that the cryptocurrency bull run is likely not done yet.