Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity. CRV is the governance token for the Curve DAO. Curve is specialized for efficient stablecoin trading and has become a cornerstone of the DeFi ecosystem.

The veCRV (vote-escrowed CRV) mechanism allows holders to lock tokens for governance rights and earn a share of trading fees.