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What is Curve DAO?

CRV

Curve is a decentralised exchange designed for swapping similar assets, such as stablecoins, with little slippage.

The tokenCRV can be locked as veCRV to vote on how rewards are spread across pools and to share fees.

Supply and what is still to come

How many coins exist, how many can, who holds the part not yet circulating and what the schedule releases.

Circulating supply
2.433 billion CRV
Total supply
2.433 billion CRVin existence, locked or not
Maximum supply
3.030 billion CRVthe project states a maximum of 3,030,303,031 CRV
Issued or unlocked
99.5%outside the project's own wallets, of the tokens not burned
Held in the project's disclosed wallets
0.5%11.31 million CRV
Burned
170 CRVsent to addresses that can never spend

A year in the market

Measured on the daily closes of our own US dollar price index.

Return, past year
−46.9%daily closes
Volatility, past year
83%annualised, daily log returns
Deepest fall from a peak, past year
−65.1%daily closes
Below its all-time high
−96.3%high of $6.91 on 15 Aug 2020
Correlation with bitcoin
0.65daily returns, past year; 1 is lockstep
Beta to bitcoin
1.22its usual move for a 1% move in bitcoin

Points to check

What our data shows that a holder should know. Each point is a measurement, not a rating.

  1. Supply still to come

    25% more than today's circulating supply can still enter circulation (597.6 million CRV), so the fully diluted value is 1.25x the market cap.

  2. Price swings

    Its daily moves were 1.9x as large as bitcoin's over the past year (volatility 83% against 44%).

  3. Distance from the high

    It trades 96% below its all-time high daily close of $6.91 (15 Aug 2020).

Questions

What is Curve DAO?

Curve is a decentralised exchange designed for swapping similar assets, such as stablecoins, with little slippage.

What is CRV used for?

CRV can be locked as veCRV to vote on how rewards are spread across pools and to share fees.

Is Curve DAO's supply capped?

Yes: at most 3.030 billion CRV. 99.5% are issued or unlocked so far.

Where is Curve DAO traded?

On 9 of the 11 exchanges we read: 8 list spot pairs against the dollar or a dollar stablecoin and 9 list perpetual futures. The token finder lists every pair.

Supply from our own nodes or the project’s published figures, prices from our own indexes, listings from the exchanges’ own instrument lists. Last update 9 Nov 2026, 01:00 UTC.