Curve Finance：乘著 DeFi 浪潮，收入和交易量激增

Curve Finance 2025 年第三季度顯示，在穩定幣需求和戰略擴張的推動下，收入和交易量出現了令人印象深刻的增長。這個 DeFi 巨頭的下一步是什麼？

Curve Finance is making waves, folks! With revenue more than doubling and trading volume surging, it looks like this DeFi protocol is heating up. Let's dive into what's driving this growth and what it means for the future of Curve.

Curve Finance 正在掀起波瀾，伙計們！隨著收入翻倍多、交易量激增，這個 DeFi 協議似乎正在升溫。讓我們深入探討推動這種增長的因素以及它對 Curve 的未來意味著什麼。

Curve Finance Q3 2025: A Quarter of Impressive Growth

Curve Finance 2025 年第三季度：增長令人印象深刻的季度

The numbers don't lie. Curve Finance's Q3 2025 report, released November 11, 2025, shows a significant jump in key metrics:

數字不會說謊。 Curve Finance 於 2025 年 11 月 11 日發布的 2025 年第三季度報告顯示，關鍵指標顯著躍升：

• Revenue: More than doubled, reaching $7.3 million compared to $3.9 million in Q2.
• Trading Volume: Spiked to $29 billion, up from $25.5 billion in the previous quarter.
• Total Value Locked (TVL): Rose from $2.1 billion to $2.3 billion.

This growth signals a strong second half of the year for Curve DAO (CRV). But what's behind these impressive figures?

這一增長標誌著 Curve DAO (CRV) 今年下半年的強勁增長。但這些令人印象深刻的數字背後是什麼？

Stablecoin Demand: The Engine Behind the Surge

穩定幣需求：激增背後的引擎

According to the Curve Finance team, the primary driver behind this Q3 outperformance is the rising demand for stablecoin trading. Their native stablecoin, crvUSD, remains steady with a market cap of $278 million, demonstrating consistent usage.

Curve Finance 團隊表示，第三季度表現優異的主要驅動力是穩定幣交易需求的不斷增長。他們的原生穩定幣 crvUSD 保持穩定，市值為 2.78 億美元，表現出一致的使用情況。

This aligns with the broader market trend where users are becoming more selective about where they allocate capital. Curve Finance is benefiting from this flight to quality, offering deep liquidity and minimal slippage for stablecoin trades.

這與更廣泛的市場趨勢相一致，即用戶對資本配置的地點變得更加挑剔。 Curve Finance 正受益於這種對質量的追求，為穩定幣交易提供深度的流動性和最小的滑點。

Strategic Expansions and Partnerships

戰略擴張和合作夥伴關係

Curve Finance isn't just relying on market trends. They're actively expanding their ecosystem through strategic initiatives:

Curve Finance 不僅僅依賴市場趨勢。他們正在通過戰略舉措積極擴展其生態系統：

• Multi-Chain Expansion: New deployments on Plasma and Etherlink.
• Spark Partnership: Launched a PYUSD/USDS liquidity pool that quickly exceeded $90 million in TVL.
• Yield Basis Integration: Preparing for integration with Yield Basis, a new protocol by Curve Finance founder Michael Egorov.
• CRV Listing on Robinhood: Increased accessibility for U.S. investors.

Looking Ahead: FX Trading and Continued Growth

展望未來：外匯交易和持續增長

Curve Finance isn't resting on its laurels. The team plans to focus on FX trading as the next major product direction. With stablecoin adoption accelerating, they anticipate rising demand for efficient on-chain FX markets and aim to be the liquidity backbone powering that shift.

Curve Finance 並沒有滿足於現狀。該團隊計劃將外匯交易作為下一個主要產品方向。隨著穩定幣的採用加速，他們預計對高效的鏈上外匯市場的需求將不斷增長，並致力於成為推動這一轉變的流動性支柱。

My Take: Curve Finance is a DeFi Powerhouse

我的看法：Curve Finance 是一家 DeFi 巨頭

Based on the evidence, Curve Finance is not just surviving, but thriving in the competitive DeFi landscape. The focus on stablecoin trading, combined with strategic expansions and partnerships, positions them for continued growth. The increase in trading volume and revenue isn't just luck; it's a result of a well-executed strategy and a deep understanding of market needs. And with the listing of CRV on Robinhood, the broader U.S. retail audience has more access to this DEFI powerhouse.

根據證據，Curve Finance 不僅生存下來，而且在競爭激烈的 DeFi 領域蓬勃發展。對穩定幣交易的關注，加上戰略擴張和合作夥伴關係，使他們能夠持續增長。交易量和收入的增加不僅僅是運氣；而是運氣。這是執行良好的戰略和對市場需求深入了解的結果。隨著 CRV 在 Robinhood 上市，更廣泛的美國零售受眾可以更多地接觸到這個 DEFI 巨頭。

Of course, the crypto market is volatile, and past performance is never a guarantee of future success. But Curve Finance's Q3 2025 performance is a strong indicator that they're on the right track.

當然，加密貨幣市場波動很大，過去的表現永遠不能保證未來的成功。但 Curve Finance 2025 年第三季度的業績有力地表明他們正走在正確的軌道上。

Final Thoughts

最後的想法

So, there you have it! Curve Finance is making moves, and the future looks bright. Keep an eye on this DeFi protocol as it continues to innovate and expand its ecosystem. Who knows, maybe we'll all be trading FX on Curve Finance soon enough!

所以，你就有了！ Curve Finance正在行動，前景一片光明。請密切關注這個 DeFi 協議，因為它不斷創新和擴展其生態系統。誰知道呢，也許我們很快就會在 Curve Finance 上進行外匯交易！