Monthly revenue of Curve Finance increased by over 20% thanks to the boom of DeFi

The monthly revenue of Curve Finance has increased by nearly 23% compared to the previous month, reaching nearly 37 million USD in the past 30 days. This increase mainly comes from high demand for leveraged finance and new products such as savings vaults along with the scrvUSD token. The company noted that this growth aligns with the overall optimism in the market, especially following the recent U.S. presidential election, where predictions about pro-cryptocurrency policies from the upcoming administration have bolstered investor confidence.

Additionally, Curve Finance launched the scrvUSD stablecoin in November, attracting nearly 14.5 million USD in deposits within just a few weeks, contributing significantly to the platform's revenue. The positive business situation of Curve in the current DeFi boom also creates strong momentum for investors, as many new DeFi products promising low-risk returns are increasingly attracting attention.