Curve Finance has launched on Etherlink, connecting Tezos with the Ethereum-compatible DeFi ecosystem. The deployment is part of Etherlink's $3M Apple Farm Season 2 rewards initiative. Curve brings stablecoin liquidity to Tezos' Layer 2, and Etherlink continues to grow with a rising TVL and deeper protocol integrations.
Curve Finance, a leading decentralized exchange (DEX) protocol, has expanded its presence by deploying on Etherlink, a Layer 2 blockchain built on the Tezos network. This strategic move is part of Etherlink's $3M Apple Farm Season 2 rewards initiative, designed to boost the use of DeFi applications on the Layer 2 network.
The deployment on Etherlink will provide the Tezos ecosystem with access to deep stablecoin liquidity and efficient pegged asset trading. Etherlink's Tezos-native Smart Rollup architecture offers benefits such as on-chain governance, low fees, and fast decision-making, making it an attractive platform for Curve's services.
Curve's integration with Etherlink is expected to position it as a major liquidity engine bridging the Tezos and Ethereum-compatible DeFi ecosystems. The platform aims to bring liquidity to the integrated rollup and Layer 1 pairing, enhancing stablecoin infrastructure across the Layer 2 network.
The launch of Curve on Etherlink coincides with the platform's participation in the Apple Farm Season 2 rewards program, which offers over $3 million in rewards to drive further adoption of DeFi applications on Etherlink. This initiative underscores Curve's commitment to supporting the growth of the Tezos ecosystem and its Layer 2 DeFi infrastructure.
Curve's founder, Michael Egorov, has expressed optimism about the platform's growth prospects this year, attributing it to the potential for new exchanges supporting stablecoins pegged to different fiat currencies.
The expansion into the Tezos ecosystem is a significant step for Curve Finance, further cementing its role as a go-to DEX for efficient, low-slippage trading of stablecoins, pegged assets, and cross-currency pairs.
References:
[1] https://beincrypto.com/curve-dao-proposal-scale-back-ethereum-layer-2/
[2] https://www.mitrade.com/insights/news/live-news/article-3-1018870-20250807
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