Curve's stranglehold on Ethereum's DEX landscape is staggering—the protocol captures 44% of all decentralized exchange fees, not just stablecoin swaps. Think about that. Protocol revenue recently clawed back to 2022 levels when CRV was trading between $3-6, yet the token now hovers around $0.40. The disconnect is wild.
Meanwhile, votemarket is distributing $808k weekly across 79 different campaigns, all fighting tooth and nail for a slice of Curve's liquidity. That's serious capital flowing into vote incentives. The competition is fierce, the economics are messy, and with Egorov's ongoing leverage unwind, the pressure points keep multiplying. What does it all mean for CRV holders? The protocol's dominance in DEX fees suggests real utility, but the token price tells a completely different story.
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AlphaWhisperer
· 3h ago
crv dropped from 3-6 to 0.4, how outrageous is this crash? The protocol fee income hasn't changed, and the protocol is bleeding.
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SmartContractPhobia
· 16h ago
The price of CRV is hilarious. The protocol's earning ability is there, but the token has plummeted like this... Who's really benefiting from whom?
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ExpectationFarmer
· 16h ago
crv is really outrageous. The protocol's earning ability is still there, but the token price has plummeted to this level.
To put it simply, the tokenomics has completely broken down; no matter how many fees there are, it can't be saved.
Egorov's recent leverage liquidation has directly caused panic across the entire ecosystem.
Vote Market has invested so much money, but it's just a drop in the bucket. CRV should have been restructured long ago.
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ThreeHornBlasts
· 16h ago
CRV is completely dead, while the protocol's earning tokens have collapsed to the bottom. Outrageous.
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SchroedingerGas
· 16h ago
Fee income has returned to 2022 levels, but the coin price has dropped to $0.4. The level of discrepancy is truly astonishing.
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LiquidationKing
· 16h ago
crv is really amazing, taking so much in fees but breaking down like this, the protocol is awesome, the token is useless, outrageous
Curve's stranglehold on Ethereum's DEX landscape is staggering—the protocol captures 44% of all decentralized exchange fees, not just stablecoin swaps. Think about that. Protocol revenue recently clawed back to 2022 levels when CRV was trading between $3-6, yet the token now hovers around $0.40. The disconnect is wild.
Meanwhile, votemarket is distributing $808k weekly across 79 different campaigns, all fighting tooth and nail for a slice of Curve's liquidity. That's serious capital flowing into vote incentives. The competition is fierce, the economics are messy, and with Egorov's ongoing leverage unwind, the pressure points keep multiplying. What does it all mean for CRV holders? The protocol's dominance in DEX fees suggests real utility, but the token price tells a completely different story.