TLDR
- Curve Finance reported revenue of $7.3 million for Q3 2025.
- The platform saw a significant increase in trading volume, reaching $29 billion.
- The increase in demand for stablecoins helped drive the strong performance in the third quarter.
- Curve Finance’s total value locked increased from $2.1 billion to $2.3 billion.
- The protocol’s original stablecoin, crvUSD, maintained a market capitalization of $278 million.
Curve Finance reported strong performance in the third quarter of 2025. The protocol saw a significant increase in revenue, trading volume and other key metrics. According to the latest report, Curve Finance generated $7.3 million in revenue for Q3, more than doubling revenue from Q2.
Curve Finance Revenue rises by over $7 million
Curve Finance saw its protocol revenue jump from $3.9 million in Q2 to $7.3 million in Q3. The platform’s growth was driven by increased trading activity and liquidity. As Curve Finance continues to grow, the protocol benefits from its increasing share of stablecoin trading volume.
Curve Finance redistributed a portion of the proceeds to veCRV holders, strengthen community support. The increase in revenue came as liquidity on the platform grew, allowing for better trading opportunities. The protocol’s performance in Q3 points to a positive trajectory ahead.
Stablecoin trading drives volume growth
Curve Finance’s total trading volume reached $29 billion in the third quarter. This increase was largely driven by higher demand for stablecoins, which saw an increase in liquidity. The platform recorded a cumulative trading volume of USD 25.5 billion in the second quarter, indicating a healthy jump in the third quarter.
Demand for stablecoins, especially in Curve Finance, helped the protocol maintain its upward momentum. The platform’s native stablecoin, crvUSD, showed a stable performance with a market capitalization of $278 million. With $124 million in daily volume, crvUSD continues to be a key player in Curve Finance’s strategy.
Curve Finance also reached new milestones in the third quarter. The protocol expanded across multiple chains, including Plasma and Etherlink. A PYUSD/USDS liquidity pool launched through a Spark partnership quickly exceeded $90 million in TVL.
With its expanded reach and stronger liquidity pools, Curve Finance sets the stage for continued success. As of now, Curve’s token, CRV, is trading at $0.48, showing an increase of 18% in the past week. This price increase signals a growing interest in the protocol and its future potential.
