-
ARS 1,089.40 (-0.56%) -
BTC 63,300.00 (-0.87%) -
ETH 3,054.30 (-2.65%) -
SOL 154.07 (+5.42%) -
PEPE <0.01 (-4.55%) -
DOGE 0.15 (-4.27%) -
XRP 0.54 (+1.34%) -
WIF 3.30 (+2.08%) -
WLD 6.04 (+2.72%) -
ENA 0.87 (-0.23%) -
BOME 0.01 (+7.82%) -
NEAR 7.48 (+2.15%) -
RNDR 10.22 (+3.73%) -
AVAX 36.73 (-0.97%) -
BONK <0.01 (-6.41%) -
RUNE 5.41 (+3.78%) -
FLOKI <0.01 (-6.14%) -
ETHFI 3.92 (-7.06%) -
ORDI 38.26 (-3.94%) -
ARKM 2.58 (-2.74%) -
MATIC 0.70 (-3.80%) -
AR 41.01 (+1.90%) -
SUI 1.11 (+0.09%) -
FIL 5.96 (-3.36%) -
FTM 0.69 (-2.96%) -
HBAR 0.11 (-1.75%) -
LINK 14.34 (-0.33%) -
LTC 80.46 (-0.38%)
Curves CRV price hits a 1 year low amid looming liquidation threat
Published: 2023-06-15
1. Curve's CRV Price Hits a 1-Year Low Amid Looming Liquidation Threat - Curve (CRV) is experiencing a significant drop in its price,hitting a 1-year low,amid a potential threat of liquidation. The project has been facing liquidity issues despite its partnership with major DeFi projects. - The protocol has seen a sharp decline in its total value locked (TVL) from around $9 billion in May to below $2 billion. This has been attributed to the competition in the DeFi space and the lack of new partnerships by the protocol. - Liquidity providers on Curve have expressed concerns about the threat of liquidation,and the possibility of losing their funds. This has contributed to the falling price of CRV,which is currently trading at $1.53.
2. Possible Reasons Behind Curve's Struggles - Curve's liquidity issues are believed to be caused by a lack of new partnerships and the fierce competition in the DeFi space. Other protocols like Uniswap and SushiSwap are offering better incentives and returns to liquidity providers,leading to a migration of liquidity from Curve to these platforms. - The project has also been criticized for its tokenomics and governance structure,which some claim has contributed to the drop in its price. The token has a high inflation rate,which dilutes the value of existing tokens,and the governance model is heavily skewed towards the project's team.
3. Path to Recovery for Curve - To reverse the decline in its TVL and restore liquidity,Curve needs to attract new partnerships and incentivize liquidity providers through better rewards and benefits. The project could also explore improving its tokenomics and governance structures to be more attractive to users and investors. - The team behind Curve has expressed confidence in the project's long-term prospects,citing its solid technology and user base. The project is also looking to expand its offerings beyond stablecoin swaps to attract a wider range of users. However,it remains to be seen whether these efforts will be enough to restore confidence in the protocol and drive up its price.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | ARS |
1,089.40 | 2,529,982,295.80 |
| 2 | BTC |
63,300.00 | 2,270,165,083.94 |
| 3 | ETH |
3,054.30 | 1,170,234,351.80 |
| 4 | SOL |
154.07 | 802,802,191.20 |
| 5 | PEPE |
<0.01 | 456,598,281.87 |
| 6 | DOGE |
0.15 | 351,522,222.87 |
| 7 | XRP |
0.54 | 314,339,995.14 |
| 8 | WIF |
3.30 | 303,561,724.36 |
| 9 | WLD |
6.04 | 213,732,686.09 |
| 10 | ENA |
0.87 | 212,929,565.11 |
| 11 | BOME |
0.01 | 204,867,105.06 |
| 12 | NEAR |
7.48 | 147,896,322.03 |
| 13 | RNDR |
10.22 | 136,014,530.43 |
| 14 | AVAX |
36.73 | 115,889,040.61 |
| 15 | BONK |
<0.01 | 106,606,995.18 |
| 16 | RUNE |
5.41 | 104,941,892.07 |
| 17 | FLOKI |
<0.01 | 82,907,607.99 |
| 18 | ETHFI |
3.92 | 72,994,154.48 |
| 19 | ORDI |
38.26 | 70,079,064.50 |
| 20 | ARKM |
2.58 | 67,158,136.63 |
| 21 | MATIC |
0.70 | 64,975,025.21 |
| 22 | AR |
41.01 | 63,530,336.24 |
| 23 | SUI |
1.11 | 63,319,971.15 |
| 24 | FIL |
5.96 | 53,184,499.58 |
| 25 | FTM |
0.69 | 52,320,248.17 |
| 26 | HBAR |
0.11 | 52,320,112.17 |
| 27 | LINK |
14.34 | 51,636,652.89 |
| 28 | LTC |
80.46 | 49,758,405.30 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 |  OAX |
0.26 | +16.90 |
| 2 |  POWR |
0.34 | +11.36 |
| 3 |  ERN |
4.94 | +9.98 |
| 4 | BOME |
0.01 | +7.82 |
| 5 |  RLC |
3.07 | +6.42 |
| 6 |  JTO |
3.71 | +6.28 |
| 7 | SOL |
154.07 | +5.42 |
| 8 |  YGG |
0.90 | +4.78 |
| 9 | RUNE |
5.41 | +3.78 |
| 10 | RNDR |
10.22 | +3.73 |
| 11 |  INJ |
24.88 | +3.45 |
| 12 |  CTXC |
0.37 | +3.44 |
| 13 |  RAY |
1.73 | +2.99 |
| 14 |  IRIS |
0.03 | +2.98 |
| 15 | WLD |
6.04 | +2.72 |
| 16 |  LOKA |
0.28 | +2.56 |
| 17 |  POLYX |
0.39 | +2.18 |
| 18 | NEAR |
7.48 | +2.15 |
| 19 | WIF |
3.30 | +2.08 |
| 20 |  PYR |
4.57 | +1.96 |
| 21 | AR |
41.01 | +1.90 |
| 22 |  CHZ |
0.12 | +1.88 |
| 23 |  VGX |
0.09 | +1.63 |
| 24 |  LSK |
1.92 | +1.48 |
| 25 | XRP |
0.54 | +1.34 |
| 26 |  MLN |
22.84 | +1.24 |
| 27 |  PSG |
5.12 | +0.97 |
| 28 |  BCH |
471.50 | +0.88 |
| 29 |  DCR |
21.55 | +0.37 |
| 30 |  PENDLE |
5.02 | +0.36 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 | REZ | 0.16 | -14.59 |
| 2 |  USTC |
0.02 | -12.88 |
| 3 |  CVX |
2.35 | -9.74 |
| 4 |  LUNC |
<0.01 | -9.67 |
| 5 |  ATA |
0.18 | -8.66 |
| 6 |  LUNA |
0.60 | -7.80 |
| 7 |  PDA |
0.08 | -7.07 |
| 8 | ETHFI |
3.92 | -7.06 |
| 9 |  CFX |
0.21 | -6.73 |
| 10 |  UTK |
0.08 | -6.59 |
| 11 | BONK |
<0.01 | -6.41 |
| 12 |  ENS |
14.68 | -6.32 |
| 13 |  EGLD |
39.60 | -6.32 |
| 14 |  PORTAL |
0.79 | -6.29 |
| 15 |  TNSR |
0.84 | -6.25 |
| 16 |  OP |
2.74 | -6.24 |
| 17 |  DYM |
3.15 | -6.23 |
| 18 | FLOKI |
<0.01 | -6.14 |
| 19 |  QKC |
0.01 | -6.08 |
| 20 |  SAGA |
3.13 | -5.99 |
| 21 |  SSV |
42.19 | -5.99 |
| 22 |  PIXEL |
0.41 | -5.87 |
| 23 |  IOTX |
0.05 | -5.71 |
| 24 |  GNS |
3.29 | -5.69 |
| 25 |  POND |
0.02 | -5.64 |
| 26 |  TAO |
437.50 | -5.59 |
| 27 |  XAI |
0.72 | -5.52 |
| 28 |  LEVER |
<0.01 | -5.48 |
| 29 |  KDA |
0.87 | -5.46 |
| 30 |  PROM |
9.99 | -5.42 |
Bitcoin's Greed and Fear Index.
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