- Curve Finance, a major player in decentralised finance, has launched on Etherlink, a Tezos-based blockchain.
- This move creates a powerful link between the Tezos and Ethereum ecosystems, offering users new ways to trade stablecoins and other assets.Â
The new partnership is a bold step for both platforms, as it brings a well-known DeFi tool to the Tezos ecosystem, while giving Curve Finance access to a new, fast-growing network. The integration is expected to boost liquidity and trading activity, making it easier and cheaper for users to swap various digital assets.
Bridging the Gap Between Tezos and Ethereum
Curve Finance’s arrival on Etherlink is more than just a new platform launch; it’s a strategic bridge between two major blockchain networks. Etherlink is a Tezos-native Smart Rollup, which means it benefits from Tezos’s fast, low-cost network and on-chain governance.
Unlike other similar platforms, Etherlink isn’t governed separately, but it’s deeply integrated with Tezos. Curve believes this strong connection will make it a key player in bringing the Tezos and Ethereum worlds closer together.
This partnership is a big deal for traders.
CurveFinance – the go-to DEX for efficient, low-slippage trading of stablecoins, pegged assets, and cross-currency pairs,
as shared by Etherlink’s X page.
Curve Finance is famous for its efficient trading of stablecoins and other assets that are pegged to each other. By coming to Etherlink, Curve gives the Tezos community access to a huge amount of stablecoin liquidity, making trades much smoother and with less slippage.
This launch is also a part of Etherlink’s Apple Farm Season 2 initiative, a rewards program designed to encourage the use of new apps on the platform. With over $3 million in rewards available, the goal is to attract more users and developers to the Etherlink ecosystem. Curve’s participation in this program shows its commitment to supporting the growth of this new network.
According to David Relkin from Nomadic Labs, having Curve on Etherlink changes everything for Etherlink users, giving them the deep liquidity of the main Ethereum network but with the speed and low costs of Tezos.Â
Having Curve as our stablecoin backbone changes everything for Etherlink users. Traders can now access the deep liquidity they’re used to on mainnet, but with the speed and cost benefits of our Tezos-native rollup architecture,
he stated. This sentiment is shared by Curve’s founder, Michael Egorov, who sees big growth ahead, driven by new stablecoins and more developers creating new options for traders.
The timing is perfect, as Etherlink has been growing fast. In recent months, it has seen a surge in new projects and user activity. Its network performance has also improved dramatically, with faster transaction speeds and shorter bridging times reduced from 15 days to under a minute.
The addition of Curve Finance is set to accelerate this growth even further, creating a solid foundation for a more interconnected and robust DeFi landscape. Tezos is currently trading at $0.7947, up 4.82% in the last 24 hours.Â
