How Does Curve Work?
Curve 如何运作？
Curve’s trading platform operates on a unique mathematical mechanism known as a bonding curve, meticulously crafted to facilitate optimal trading among stablecoins.
Bonding curves, also utilized by other DeFi cryptocurrencies such as Uniswap, play a pivotal role in determining prices based on supply and demand dynamics. However, unlike Uniswap’s versatile bonding curve accommodating a wide array of cryptocurrencies, Curve’s bonding curve is tailored specifically for stablecoins.
In practical terms, Curve’s bonding curve enhances trading efficiency by minimizing price slippage even when large volumes of stablecoins are exchanged. This specialized focus ensures that relative price stability is maintained throughout transactions, distinguishing Curve as a preferred platform for stablecoin liquidity provision in the DeFi landscape.
Curve 的交易平台采用一种独特的数学机制，称为粘合曲线，精心设计以促进稳定币之间的最佳交易。
粘合曲线也被其他 DeFi 加密货币（如 Uniswap）使用，在根据供需动态确定价格方面发挥着关键作用。然而，与 Uniswap 的多功能粘合曲线（可容纳各种加密货币）不同，Curve 的粘合曲线是专门为稳定币量身定制的。
实际上，Curve 的粘合曲线通过最大限度地减少价格滑点来提高交易效率，即使在交换大量稳定币时也是如此。这种专业重点确保在整个交易过程中保持相对价格稳定，使 Curve 成为 DeFi 领域稳定币流动性提供的首选平台。