Curve Finance goes live Stellar, becoming its first non-EVM native deployment
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AT A GLANCE
Curve Finance has launched Stellar on the StableSwap mainnet, marking its first non-EVM-native deployment.
Article
Curve Finance goes live Stellar, marking its first non-EVM native deployment
BlockBeats News,October 29,DeFi Protocol Curve Finance and Stellar Development Foundation announced that Curve has gone live on Stellar mainnet, marking its first non-EVM native deployment. Currently,StableSwap is available, allowing users to permissionlessly create liquidity pools, swap assets, and provide liquidity.
Curve founder Michael Egorov stated that the expansion to non-EVM chains was partly driven by institutional demand, and Stellar is relatively aligned with existing EVM usage patterns. Officials also plan to launch FXSwap after the audit is completed, but did not provide a timetable. According to DeFi Llama data, Curve's current total value locked is approximately 1270000000 USD.
Original link https://m.theblockbeats.info/flash/374383
Key points
01
BlockBeats reports that Curve Finance and the Stellar Development Foundation announced that Curve has gone live on the Stellar mainnet.
02
The deployment is described as Curve Finance's first non-EVM native deployment.
03
StableSwap is currently available, allowing users to permissionlessly create liquidity pools, swap assets, and provide liquidity.
04
Curve founder Michael Egorov said that expansion to non-EVM chains is driven by institutional demand.
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The team plans to launch FXSwap after the audit is completed, but has not provided a timeline.
06
According to DeFi Llama data, Curve's current total value locked is approximately 1270000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Curve Finance deployed StableSwap to the Stellar mainnet. Users can now create liquidity pools, swap assets, or provide liquidity in this deployment. The report also mentioned FXSwap, but it will not go live until the audit is completed.
Why it matters to readers
This is reportedly Curve Finance's first native deployment on a non-EVM network, expanding its availability to Stellar。
Beginners can understand it as: Curve’s swapping and liquidity functionality has added a Stellar entry point; users should still understand liquidity pool and smart contract risks before using it.
Risks and unknowns
The audit results and launch date for FXSwap have not yet been provided.
The evidence does not provide the actual Stellar trading volume, user count, or liquidity data for the deployment.
Approximately 1270000000 USD's total value locked was based on Llama data relayed in reports,DeFi with no further verification materials provided in the evidence.
The evidence does not state whether this deployment has undergone an independent security audit.
Related Developments
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Related concepts
EVM
Ethereum Virtual Machine; networks compatible with it can run Ethereum-style smart contract applications.