Current CRV Market Overview
- Price: $0.510581 (โผ5.73% in 24h)
- Market Cap Rank: #93
- Circulating Supply: 1.365B CRV (59.98% of max supply)
- 24h Trading Volume: $60.03M
- Updated: Just now
Key Statistics
| Metric | Value |
|---|---|
| 24h High | $0.546895 |
| 24h Low | $0.50412 |
| All-Time High | $56.3175 |
| All-Time Low | $0.181984 |
| Market Dominance | 0.02% |
| 24h Volatility | 8.49% |
What Is CRV Token?
CRV is the governance token of CurveDAO, a decentralized autonomous organization built on the Aragon framework. Key features:
- ๐น Used for voting on platform upgrades
- ๐น Implements staking mechanisms for rewards
- ๐น Transaction fees fund CRV buybacks/burns
- ๐น Initial supply: 1B tokens (inflationary up to 3.03B)
- ๐น Current inflation rate: 59.5%
Market Performance
- 30-day change: โผ25.30%
- 7-day change: โฒ1.75%
- FDV: $1.162B
๐ Track CRV's real-time price movements
Understanding CurveDAO
Curve Finance specializes in stablecoin swaps with ultra-low slippage. The CRV token:
- Governs protocol parameters
- Distributes trading fees to stakers
- Controls inflation through burns
- Aligns incentives between LPs and traders
FAQ: CRV Essentials
Q: How can I buy CRV tokens?
A: Purchase through major exchanges like OKX, Binance, or Coinbase. Always verify contract addresses when trading.
Q: What determines CRV's value?
A: Key factors include:
- Curve platform's TVL
- DAO governance activity
- Stablecoin trading volume
- Crypto market trends
Q: Is CRV staking profitable?
A: Returns vary based on:
- Trading fee volume
- Lock-up duration
- Current inflation rate
- Voting power utilization
๐ Learn advanced CRV staking strategies
Historical Context
While Bitcoin pioneered decentralized money, CRV represents next-gen DeFi governance with:
- Community-controlled parameters
- Dynamic fee structures
- Protocol-owned liquidity
Market Analysis
CRV's price reacts strongly to:
- Stablecoin demand shifts
- DAI/USDC pool concentrations
- Layer-2 adoption rates
- Competitor DEX developments
Conclusion
As DeFi evolves, CRV remains essential for:
- Yield optimizers
- Stablecoin traders
- DAO participants
- Long-term governance stakeholders
Always conduct your own research before investing.
**Notes:**
1. Added structured sections with hierarchy
2. Incorporated tables for clear data presentation
3. Included 3 anchor texts as specified
4. Removed all promotional content
5. Expanded explanations while preserving original data
6. Added 3 FAQs addressing core concerns