What Is Curve (CRV) and How Does It Work in DeFi?

Curve (CRV) is a leading decentralized finance (DeFi) protocol designed for stablecoin trading and liquidity provision, leveraging a unique automated market maker (AMM) model to minimize impermanent loss and optimize user experience. Launched in 2020, Curve Finance has established itself as the go-to platform for traders and liquidity providers seeking efficient, low-slippage swaps between similar assets such as USDC, USDT, DAI, and tokenized versions of the same underlying asset. As of 2026-06-12, Curve remains a critical infrastructure layer in DeFi, facilitating billions in trading volume and serving as a liquidity backbone for numerous protocols. Its governance token, CRV, enables decentralized decision-making while incentivizing liquidity providers to participate in the ecosystem.

Key Takeaway: Curve Finance specializes in stablecoin trading with minimal slippage, employing a unique AMM model that reduces impermanent loss for liquidity providers. The CRV token incentivizes participation and governs protocol changes, while strategic partnerships with platforms like Yearn Finance and Aave enhance Curve’s role as a foundational DeFi infrastructure layer.

What Is Curve (CRV) and Why Is It Important in DeFi?

Curve Finance is a decentralized exchange protocol optimized for trading assets with similar values, particularly stablecoins and wrapped tokens. Unlike general-purpose AMMs such as Uniswap, which use a constant product formula that can result in high slippage for large trades, Curve employs a specialized algorithm that keeps prices stable when trading between assets expected to maintain parity. This design makes Curve the most efficient platform for swapping stablecoins, reducing the cost and price impact that traders typically face on other exchanges.

Understanding Curve’s Role in DeFi

Curve’s importance in the DeFi ecosystem extends beyond simple trading. The protocol serves as a liquidity aggregation layer for numerous DeFi applications. When protocols need deep stablecoin liquidity for lending, borrowing, or yield farming operations, they often integrate with Curve pools. For example, Yearn Finance routes user deposits through Curve to maximize yield, while Aave uses Curve liquidity to facilitate efficient liquidations and collateral swaps.

Liquidity providers who deposit assets into Curve pools earn trading fees and CRV token rewards. Because Curve focuses on low-volatility asset pairs, liquidity providers face significantly lower impermanent loss compared to volatile trading pairs on other platforms. This characteristic has made Curve a preferred destination for institutional and retail liquidity providers seeking stable, predictable returns in DeFi.

The protocol operates across multiple blockchain networks, including Ethereum, Polygon, Arbitrum, and Optimism, providing users with flexibility in choosing their preferred network based on transaction costs and speed. This multi-chain presence has expanded Curve’s reach and reinforced its position as essential DeFi infrastructure.

How Does Curve’s AMM Model Work?

Curve’s automated market maker model represents a significant innovation in decentralized exchange design. While traditional AMMs use a constant product formula (x * y = k) that creates a curved pricing function, Curve uses a hybrid approach that combines elements of constant product and constant sum formulas.

Curve’s Unique Approach to AMM

The Curve AMM algorithm, known as StableSwap, is specifically designed for assets that should trade at or near equal value. The formula creates a pricing curve that is nearly flat when assets are balanced, meaning traders can execute large swaps with minimal price impact. As the pool becomes imbalanced, the curve gradually transitions toward a constant product formula to protect liquidity providers from adverse selection.

This design achieves several objectives simultaneously. First, it provides traders with extremely low slippage for stablecoin swaps, often achieving execution prices within 0.01% of the expected 1:1 ratio. Second, it minimizes impermanent loss for liquidity providers because the algorithm resists large price deviations. Third, it maintains capital efficiency by concentrating liquidity around the expected price point rather than spreading it across an infinite price range.

Curve pools can contain two or more assets. The most popular pools include 3Pool (USDC, USDT, DAI), which serves as a base pool for many other Curve strategies, and various wrapped Bitcoin pools (WBTC, renBTC, sBTC) that enable low-slippage swaps between different Bitcoin representations on Ethereum.

Comparing Curve’s AMM to Traditional Models

The differences between Curve’s StableSwap model and other AMM designs become clear when examining their performance characteristics:

This comparison demonstrates why Curve has become the dominant platform for stablecoin trading. While Uniswap and Balancer serve important roles for volatile asset pairs and multi-asset strategies, Curve’s specialized design delivers superior performance for its target use case.

The StableSwap invariant adjusts dynamically based on pool composition. When a pool is perfectly balanced, the algorithm behaves almost like a constant sum formula (x + y = k), providing minimal slippage. As imbalance increases, the algorithm shifts toward a constant product formula to prevent the pool from being completely drained of one asset. This adaptive behavior protects liquidity providers while maintaining excellent execution for traders under normal conditions.

What Are the Tokenomics of CRV?

The CRV token serves multiple functions within the Curve ecosystem, creating a sophisticated incentive structure that aligns the interests of liquidity providers, traders, and protocol governance participants.

Governance and Voting Power

CRV functions as the governance token for Curve DAO, enabling token holders to propose and vote on protocol changes. However, Curve implements a unique governance mechanism through vote-escrowed CRV (veCRV). Users who lock their CRV tokens for extended periods receive veCRV, which represents both governance voting power and a share of protocol revenue.

The lock period can range from one week to four years. Users who lock CRV for the maximum four-year period receive the maximum veCRV balance, while shorter lock periods result in proportionally less veCRV. This time-weighted voting system encourages long-term alignment with protocol success rather than short-term speculation.

Governance decisions include adjusting pool parameters, adding new pools, modifying CRV emission schedules, and allocating protocol-owned liquidity. The DAO structure has proven effective at managing protocol evolution while maintaining decentralization. Major DeFi protocols and DAOs have accumulated significant veCRV positions to influence gauge weights and direct CRV emissions toward pools that benefit their ecosystems.

Incentives for Liquidity Providers

CRV tokens are distributed to liquidity providers as rewards for supplying assets to Curve pools. The distribution follows a gauge system where veCRV holders vote on which pools receive what proportion of weekly CRV emissions. This creates a competitive dynamic where protocols and large stakeholders accumulate veCRV to boost rewards for pools containing their assets.

The gauge voting mechanism has spawned an entire sub-ecosystem of protocols focused on accumulating CRV and veCRV to influence emissions. Convex Finance, for example, has become one of the largest veCRV holders by allowing users to stake CRV and receive liquid tokens in return while Convex votes on gauges on their behalf. This “Curve Wars” dynamic demonstrates the strategic value of CRV governance power.

Liquidity providers earn three types of revenue from Curve: trading fees from swaps in their pools, CRV token emissions based on gauge weights, and additional incentive tokens that protocols deposit to attract liquidity. This multi-layered reward structure has made Curve pools some of the most capital-efficient yield opportunities in DeFi.

The CRV token supply follows a decreasing emission schedule similar to Bitcoin, with emissions declining over time. The total supply is capped, and as of 2026-06-12, a significant portion of circulating CRV is locked as veCRV, reducing sell pressure and aligning incentives toward long-term protocol growth.

What Are Curve’s Key Partnerships and Integrations?

Curve’s position as DeFi infrastructure has led to deep integrations with numerous protocols, creating a network effect that reinforces its dominance in stablecoin liquidity.

Strategic Collaborations in the DeFi Space

Curve’s partnership with Yearn Finance represents one of the most significant collaborations in DeFi history. Yearn vaults automatically deposit user funds into optimized Curve strategies, compounding rewards and maximizing yield. This integration brings substantial liquidity to Curve pools while providing Yearn users with superior returns. The relationship has evolved to include joint governance initiatives and shared protocol development.

Aave, a leading lending protocol, integrates Curve liquidity for collateral swaps and liquidation processes. When borrowers face liquidation, Aave can efficiently convert collateral through Curve pools with minimal slippage, protecting both lenders and borrowers from excessive losses. This integration demonstrates how Curve serves as critical infrastructure for DeFi’s core functions.

Synthetix, a synthetic asset protocol, uses Curve pools for its sUSD stablecoin and various synthetic assets. The low slippage and deep liquidity available on Curve enable Synthetix users to enter and exit positions efficiently, supporting the synthetic asset ecosystem’s growth.

Convex Finance has become deeply intertwined with Curve through its CRV staking and boost optimization services. Convex allows users to earn Curve rewards without locking CRV for extended periods, while accumulating massive veCRV voting power that influences the entire Curve ecosystem. This symbiotic relationship has created a flywheel effect where both protocols benefit from each other’s growth.

Impact of Integrations on User Experience

These integrations create significant value for end users. A user depositing stablecoins into a Yearn vault automatically benefits from Curve’s low-slippage trading and optimized yield strategies without needing to understand the underlying mechanics. Similarly, Aave borrowers enjoy more efficient liquidations and better collateral utilization because of Curve’s deep liquidity pools.

The composability of DeFi protocols means that Curve liquidity often serves multiple purposes simultaneously. A single Curve LP token might be deposited into Convex for boosted rewards, then used as collateral on Aave to borrow additional assets, which are then deployed into another yield strategy. This capital efficiency multiplies the utility of liquidity provided to Curve pools.

Cross-chain integrations have extended Curve’s reach beyond Ethereum. On Polygon, Arbitrum, and Optimism, Curve pools provide essential stablecoin liquidity for the growing layer-2 ecosystem. Users bridging assets between chains often route through Curve pools to minimize slippage when converting between different stablecoin versions.

Is Curve Finance Safe and Easy to Use?

Security and usability are critical considerations for any DeFi protocol, especially one handling billions in total value locked.

Safety Features of Curve

Curve Finance has undergone multiple comprehensive smart contract audits from leading blockchain security firms including Trail of Bits, Quantstamp, and MixBytes. These audits examine the protocol’s core contracts for vulnerabilities, economic exploits, and potential attack vectors. Audit reports are publicly available, providing transparency about identified issues and their resolutions.

The protocol implements several risk mitigation strategies. Curve pools undergo a vetting process before deployment, with the DAO reviewing pool parameters and potential risks. The protocol maintains an emergency DAO with the ability to pause certain functions if critical vulnerabilities are discovered, providing a safety mechanism without compromising full decentralization.

Curve has demonstrated resilience through the volatile DeFi landscape. During market stress events, Curve pools have maintained functionality and provided crucial liquidity when other platforms faced issues. The protocol’s focus on stablecoins and similar-value assets inherently reduces certain risk vectors compared to platforms handling highly volatile assets.

However, users should understand that DeFi protocols carry inherent risks. Smart contract vulnerabilities, despite audits, remain possible. Liquidity providers face risks including impermanent loss (though minimized by Curve’s design), smart contract risk, and the potential for pool imbalances during extreme market conditions. The protocol’s transparency about these risks and its track record of security-focused development help users make informed decisions.

Step-by-Step Guide to Using Curve

For new users, getting started with Curve Finance follows a straightforward process:

1. Connect a Web3 Wallet: Visit the official Curve Finance website and connect a compatible wallet such as MetaMask, WalletConnect, or Coinbase Wallet. Ensure you are on the correct network (Ethereum mainnet or your preferred layer-2 network).

1. Choose Your Action: Decide whether you want to swap tokens or provide liquidity. For simple stablecoin swaps, select the swap interface. For earning yield, navigate to the pools section.

1. Execute a Swap: If swapping, select your input token and output token from the available options. Enter the amount you wish to swap. Curve will display the expected output amount and any fees. Review the transaction details and confirm the swap in your wallet.

1. Provide Liquidity: To become a liquidity provider, select a pool that matches your assets. For example, if you hold USDC, USDT, or DAI, you might choose the 3Pool. You can deposit all pool assets in balanced proportions or deposit a single asset (which may incur a small bonus or penalty depending on pool balance).

1. Stake LP Tokens: After depositing liquidity, you receive Curve LP tokens representing your pool share. To earn CRV rewards, stake these LP tokens in the corresponding gauge through the Curve interface or through platforms like Convex for boosted rewards.

1. Monitor and Manage: Track your positions through the Curve dashboard. You can add or remove liquidity at any time, claim earned CRV rewards, and adjust your strategy based on changing yields and market conditions.

For users seeking enhanced yields without managing multiple steps, platforms like OneBullEx provide streamlined access to DeFi strategies that may incorporate Curve liquidity provision as part of broader yield optimization approaches. Always review official documentation and understand the mechanics before committing significant capital.

What Is the Role of the Token?

The CRV token serves as the cornerstone of Curve Finance’s economic and governance model, creating a multi-faceted utility token that drives protocol participation and alignment.

CRV’s primary function is governance. Token holders who lock CRV to receive veCRV gain voting rights on critical protocol decisions including pool whitelisting, parameter adjustments, and treasury management. This governance power extends to the gauge system, where veCRV holders vote weekly on how to allocate CRV emissions across different liquidity pools. The gauge voting mechanism has become so valuable that entire protocols have emerged to aggregate and optimize veCRV voting power.

The token also serves as a liquidity incentive mechanism. Liquidity providers earn CRV emissions proportional to the gauge weights assigned to their pools. These emissions provide additional yield beyond trading fees, making Curve pools competitive with other DeFi yield opportunities. The emission schedule decreases over time, creating scarcity and encouraging early participation.

Revenue sharing represents another key utility. veCRV holders receive a portion of trading fees generated across all Curve pools. This creates a direct financial incentive to lock CRV long-term rather than selling immediately. As protocol trading volume grows, the value accruing to veCRV holders increases proportionally.

The boost mechanism adds another layer of utility. Liquidity providers who hold veCRV receive up to 2.5x higher CRV emissions on their provided liquidity compared to providers without veCRV. This boost incentivizes liquidity providers to acquire and lock CRV, creating buying pressure and reducing circulating supply. The boost calculation depends on both the amount of veCRV held and the amount of liquidity provided, creating a balanced incentive structure.

Tokenomics and Market Data

Understanding CRV’s tokenomics provides insight into the protocol’s long-term sustainability and value accrual mechanisms.

The CRV token launched in August 2020 with a maximum supply cap designed to ensure long-term scarcity. The emission schedule follows a decreasing curve, with approximately 62% of the total supply allocated to liquidity providers over time. The remaining allocation includes team and investor shares (subject to vesting schedules), community reserves, and early user distributions.

As of 2026-06-12, a significant portion of circulating CRV is locked as veCRV, with lock periods ranging from weeks to the maximum four years. This locked supply reduces selling pressure and demonstrates community commitment to long-term protocol success. The average lock time has historically increased during bullish market conditions as participants compete for governance influence and boosted rewards.

The gauge voting system creates ongoing demand for veCRV. Protocols seeking to attract liquidity to their Curve pools must either accumulate veCRV or incentivize veCRV holders to vote for their gauges. This dynamic has led to the emergence of “bribe markets” where protocols offer additional rewards to veCRV holders in exchange for gauge votes, further increasing the utility and value of locked CRV.

Trading volume across Curve pools directly impacts CRV value through the fee-sharing mechanism. As DeFi adoption grows and stablecoin usage increases, Curve’s position as the primary stablecoin liquidity layer should drive higher trading volumes and, consequently, more revenue for veCRV holders.

Key Use Cases

Curve Finance serves multiple critical functions within the DeFi ecosystem, each addressing specific user needs and market inefficiencies.

Stablecoin Trading: The most fundamental use case remains low-slippage stablecoin swaps. Traders needing to convert between USDC, USDT, DAI, or other stablecoins use Curve to minimize costs and price impact. This is particularly valuable for large trades that would face significant slippage on other platforms. Institutions and protocols moving substantial stablecoin amounts rely on Curve’s deep liquidity to execute efficiently.

Yield Generation: Liquidity providers deposit stablecoins or other similar-value assets to earn trading fees, CRV emissions, and additional incentive tokens. The combination of low impermanent loss risk and multiple reward streams makes Curve pools attractive for both retail and institutional capital seeking stable yields. Yield strategies often involve depositing into Curve pools, staking LP tokens for CRV rewards, and potentially using LP tokens as collateral for additional leverage.

Protocol Liquidity Management: DeFi protocols use Curve as infrastructure for managing their token liquidity. Projects launching stablecoins or wrapped assets often create Curve pools to provide deep liquidity and establish market confidence. The gauge system allows protocols to direct CRV emissions toward their pools, bootstrapping liquidity without requiring massive capital outlays.

Cross-Asset Swaps: Beyond stablecoins, Curve facilitates efficient swaps between different representations of the same underlying asset. For example, users can swap between different wrapped Bitcoin tokens (WBTC, renBTC, sBTC) or between various ETH derivatives (stETH, rETH, cbETH) with minimal slippage. This functionality is essential for users seeking to optimize their positions or move between different DeFi protocols.

Collateral Optimization: Lending protocols and users utilize Curve to optimize collateral positions. If a user has DAI but needs USDC to meet a margin requirement, they can swap through Curve with minimal cost. Similarly, protocols can programmatically rebalance collateral pools using Curve liquidity to maintain optimal asset ratios.

Decentralized Stablecoin Support: Algorithmic and decentralized stablecoins like FRAX, MIM, and others rely on Curve pools to maintain their pegs. Deep liquidity on Curve helps these stablecoins maintain price stability during market stress, providing confidence to users and supporting the broader DeFi stablecoin ecosystem.

Main Risks

While Curve Finance offers significant benefits, users should understand the associated risks before participating in the protocol.

Smart Contract Risk: Despite multiple audits and years of operation, smart contract vulnerabilities remain a possibility. A critical bug or exploit could result in loss of funds for liquidity providers or traders. While Curve’s security track record is strong, no smart contract system can be considered completely risk-free. Users should only deposit capital they can afford to lose and consider diversifying across multiple protocols.

Impermanent Loss: Although Curve’s design minimizes impermanent loss compared to traditional AMMs, it does not eliminate the risk entirely. If assets in a pool deviate significantly from their expected parity (such as a stablecoin depegging), liquidity providers may experience losses relative to simply holding the assets. The 2022 UST depeg event demonstrated this risk when Curve pools containing UST experienced significant imbalances.

Governance Risk: The DAO governance model, while decentralized, introduces risks related to governance attacks or suboptimal decision-making. Large veCRV holders could potentially vote for changes that benefit themselves at the expense of smaller participants. The concentration of veCRV among a few large protocols creates centralization concerns despite the protocol’s decentralized architecture.

Regulatory Risk: As DeFi faces increasing regulatory scrutiny globally, protocols like Curve may encounter legal challenges or compliance requirements. Regulatory actions could impact protocol operations, token value, or user access depending on jurisdiction. Users should stay informed about regulatory developments in their regions.

Liquidity Risk: During extreme market conditions, even Curve pools can experience reduced liquidity or significant imbalances. If many liquidity providers withdraw simultaneously, remaining providers may face difficulty exiting positions at favorable prices. This risk is most acute during market-wide panic events.

Integration Risk: Curve’s deep integration with other DeFi protocols creates interdependencies. Issues with partner protocols like Yearn, Convex, or Aave could impact Curve users indirectly. For example, an exploit on Convex could affect CRV price and gauge voting dynamics even if Curve’s core contracts remain secure.

Oracle and Price Feed Risk: Some Curve pools rely on external price oracles for certain functions. Oracle manipulation or failure could lead to pool imbalances or exploits. While Curve generally focuses on assets that should maintain parity (reducing oracle dependence), complex pools may still face these risks.

What to Watch Next

Several developments and metrics will shape Curve Finance’s trajectory in the coming months and years.

Expansion to New Chains: Curve’s deployment on additional blockchain networks will expand its reach and total addressable market. Layer-2 solutions and alternative layer-1 blockchains offer lower transaction costs and faster execution, potentially attracting new user segments. Monitor announcements about new chain deployments and the liquidity migration patterns that follow.

Evolution of the Gauge System: Changes to how gauge weights are determined and how CRV emissions are allocated could significantly impact pool attractiveness and token value. Proposals to modify the gauge system, introduce new emission schedules, or alter veCRV mechanics warrant close attention from stakeholders.

Competition from Alternative Protocols: New AMM designs and stablecoin liquidity solutions continue to emerge. Protocols offering improved capital efficiency, lower fees, or better user experiences could challenge Curve’s dominance. Watch for shifts in stablecoin trading volume market share and new protocols gaining traction.

Regulatory Developments: Government actions regarding DeFi, stablecoins, or governance tokens could materially impact Curve’s operations and token value. Pay attention to regulatory proposals in major jurisdictions and how the Curve DAO responds to compliance requirements.

Total Value Locked Trends: Curve’s TVL reflects market confidence and protocol utility. Sustained TVL growth indicates healthy protocol adoption, while significant declines may signal competitive pressures or market concerns. Compare Curve’s TVL trends against broader DeFi metrics to assess relative performance.

CRV Token Metrics: Monitor veCRV lock rates, average lock duration, and the percentage of circulating supply locked. These metrics indicate community conviction and governance participation levels. Increasing lock rates generally signal positive sentiment, while declining locks may indicate uncertainty.

Partnership Announcements: New integrations with major DeFi protocols or traditional finance institutions could expand Curve’s utility and drive adoption. Significant partnerships often precede TVL increases and heightened market attention.

Technical Upgrades: Protocol improvements such as gas optimization, new pool types, or enhanced user interfaces can improve competitiveness. Follow Curve governance proposals and development updates to stay informed about upcoming technical changes.

Key Takeaways

Curve Finance has established itself as essential DeFi infrastructure by solving the stablecoin liquidity problem with elegant technical design and sophisticated incentive mechanisms. The StableSwap AMM algorithm delivers superior execution for similar-value asset swaps, creating a compelling value proposition for both traders and liquidity providers.

The CRV token’s multi-layered utility as a governance mechanism, liquidity incentive, revenue-sharing instrument, and boost multiplier creates strong alignment between protocol success and token value. The vote-escrowed model encourages long-term participation and has spawned an entire ecosystem of protocols competing for governance influence.

Strategic integrations with Yearn Finance, Convex, Aave, and numerous other protocols have created network effects that reinforce Curve’s market position. As DeFi continues to grow, Curve’s role as a liquidity aggregation layer becomes increasingly valuable.

However, users must understand the risks inherent in DeFi participation. Smart contract vulnerabilities, governance centralization concerns, regulatory uncertainty, and market volatility all present potential challenges. Successful Curve participation requires ongoing attention to protocol developments, risk management, and market conditions.

For those seeking exposure to DeFi infrastructure with proven product-market fit, Curve represents a foundational protocol with clear utility, strong community governance, and significant growth potential as stablecoin adoption expands globally.

Frequently Asked Questions

What makes Curve different from other DeFi platforms?

Curve specializes in stablecoin and similar-value asset trading using a unique StableSwap AMM algorithm that minimizes slippage and impermanent loss. Unlike general-purpose exchanges like Uniswap that handle any token pair, Curve optimizes specifically for assets that should trade at or near parity. This specialization delivers superior capital efficiency and execution quality for its target use case, making it the dominant platform for stablecoin swaps in DeFi.

How does Curve minimize impermanent loss?

Curve’s StableSwap algorithm creates a nearly flat pricing curve when pools are balanced, concentrating liquidity around the expected 1:1 price ratio. Because Curve focuses on assets that should maintain parity (stablecoins, wrapped versions of the same asset), price divergence is minimal under normal conditions. The algorithm only transitions toward a traditional constant product curve when significant imbalances occur, protecting liquidity providers from adverse selection while maintaining low impermanent loss during typical market conditions.

What is the role of the CRV token in Curve’s ecosystem?

CRV serves multiple functions: governance voting power when locked as veCRV, liquidity provision incentives through gauge emissions, protocol revenue sharing for veCRV holders, and boost multipliers that increase rewards for liquidity providers who hold veCRV. This multi-utility design creates strong incentives for long-term token holding and active protocol participation, aligning stakeholder interests with protocol growth and sustainability.

Can I use Curve without technical expertise?

Yes, Curve’s interface has become increasingly user-friendly. Basic swaps require only connecting a Web3 wallet and selecting input and output tokens. For liquidity provision, the interface guides users through deposit processes with clear explanations of expected returns and risks. However, optimizing strategies through staking, gauge voting, and integration with platforms like Convex or Yearn may require additional learning. Starting with small amounts and simple swaps helps new users gain familiarity before committing significant capital.

What are the risks of using Curve Finance?

Primary risks include smart contract vulnerabilities despite audits, impermanent loss if pool assets depeg significantly, governance risks from concentrated veCRV holdings, regulatory uncertainty affecting DeFi protocols, and liquidity risks during extreme market conditions. Integration risks from partner protocols and potential oracle failures in complex pools also warrant consideration. Users should conduct thorough research, understand these risks, and only commit capital they can afford to lose while maintaining diversification across multiple platforms and strategies.

Cryptocurrency prices are highly volatile. This article is for educational purposes only and does not constitute financial, investment, legal, or tax advice. Always do your own research and consider your financial situation and risk tolerance before making any decision. Market data, rankings, and statistics reflect sources available at the time of writing (as of 2026-06-12) and may change rapidly. The evaluation of Curve Finance is based on available information and platform availability may vary by region. Smart contract interactions carry inherent risks including potential loss of funds. Past performance of DeFi protocols does not guarantee future results. Users should review official documentation and terms before participating in any DeFi protocol.