Curve provides a unique, efficient AMM and lending protocol on Ethereum as well as other layer 2 chains. It differentiates its liquidity pools by setting up multi-token support, including backing tokens with underlying ERC20 collateral.
Curve achieves extremely efficient stablecoin trades by implementing the StableSwap invariant, which has significantly lower slippage for stablecoin trades than many other prominent invariants (e.g., constant-product)
The Curve pools provide a couple ways that trade can occur with higher capital efficiency.
First: Pools can contain multiple tokens, which allow for less “hops” between traded liquidity.
Second: The “Stable Swap” price formula uses a constant-product function that keeps slippage lower than other AMM protocols. Read more here →
Curve.fi Supported Features
Here’s the line-up of great data sets supported on Amberdata.io: