Curve Finance's Q1 transaction volume in 2025 reached $35 billion, a record high

A spokesperson for the decentralized lending protocol and exchange Curve Finance revealed that in Quarter 1 2025, Curve Finance's trading volume is close to $35 billion, a record high. Curve said that the trading volume increased by more than 13% compared to Quarter 1 in 2024, mainly due to the significant increase in the number of transactions, from about 1.80 million in Quarter 1 in 2024 to about 5.50 million in Quarter 1 in 2025. The strong growth in Quarter 1 trading volume comes against the backdrop of an overall decline in the cryptocurrency market. According to CoinGecko, as of March 31, the total market capitalization of cryptocurrencies has fallen by more than 20% this year.