Curve Finance's trading volume reached 35 billion US dollars in Q1 of 2025, setting a new historical record

PANews reported on April 3rd, according to Cointelegraph, a spokesperson for the decentralized lending protocol and exchange Curve Finance revealed that in the first quarter of 2025, Curve Finance's trading volume approached $35 billion USD, setting a new historical high.

Curve stated that the trading volume increased by more than 13% compared to the first quarter of 2024. The main reason was a significant increase in the number of transactions from about 1.8 million in Q1 2024 to approximately 5.5 million in Q1 2025. The strong growth in trading volume for Q1 was achieved against an overall downturn in the cryptocurrency market. According to data from CoinGecko, as of March 31st, the total market value of cryptocurrencies has fallen by more than 20% since this year.