# Curve Finance

> Source: https://fuckyc.org/services/curve/
> Website: https://curve.fi/
> Categories: DEX & atomic swaps
> KYC: none — Permissionless AMM specialized for stableswap and like-asset pools; no accounts.
> Status: active
> Jurisdiction: protocol — decentralized
> Fiat on-ramp: no
> Payment methods: crypto
> Founded: 2020
> Open source: yes
> Custodial: no
> Last verified: 2026-01-01

## Verdict

Curve is the AMM of choice for stableswap-shaped pools. No accounts at the protocol layer; oracle-free pricing. Useful for the swaps it specializes in, less so for everything else.

## Strengths

- Best execution on like-asset (stablecoin, stETH/ETH) swaps thanks to the stableswap invariant.
- Deep liquidity in the LSD and stablecoin ecosystems.

## Caveats

- July 2023 vyper-reentrancy exploits hit several pools; the protocol's governance handled remediation.
- Pool-specific risk: depegs of one asset propagate through pools containing it.
- Facts need re-verification by operator (last seeded 2026-01).

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## What Curve is

A specialized AMM for like-asset pools (stable-to-stable, ETH-to-stETH).

## Threat-model fit

Swap venue, narrow use case.

## Sources

- [Curve resources](https://resources.curve.fi/) — accessed 2026-01-01
- [KYCnot.me — Curve entry](https://kycnot.me/service/curve) — accessed 2026-01-01