Curve Finance Expands Beyond EVM Ecosystem for the First Time as StableSwap Launches on Stellar Mainnet

TechFlow news, Oct. 29 — According to The Block, decentralized trading protocol Curve Finance has launched StableSwap on Stellar Mainnet, marking its first native deployment outside the EVM ecosystem. Users can now permissionlessly create liquidity pools, swap assets, and provide liquidity on Stellar.

Curve also plans to deploy FXSwap, which supports trading of assets at different exchange rates, to Stellar after completing audits, expanding trading use cases for stablecoins, foreign exchange, and real-world assets (RWAs). Curve founder Michael Egorov said the expansion was partly driven by institutional demand. Data from DeFiLlama shows Curve's current total value locked (TVL) is approximately $1.27 billion.

Source: TechFlow