|Total Value Locked||24H|
|in ETH||10.3K ETH||-2.7%|
|in BTC||422 BTC||-1.4%|
|USDC Locked||3.5M USDC||-47.1K USDC|
|% Supply Locked||0.06%|
Swerve is a community-owned and governed fork of Curve Finance, an AMM-based decentalized exchange specializing in efficient stablecoin swaps. Swerve was originally launched in 2020 with just one pool of stablecoins (DAI, USDC, USDT and TUSD) which allowed Swerve to cut gas costs down dramatically for interactions. When users provide liquidity to Swerve, they receive swUSD tokens which can be staked in the Swerve DAO to earn SWRV tokens. 100% of SWRV tokens were distributed and "farmed" by the community. Swerve DAO members propose and vote on protocol changes such as adding new liquidity pools.