Curve Finance Expands Beyond the EVM Ecosystem for the First Time, StableSwap Now Live on the Stellar Mainnet

On October 29 that, according to The Block, decentralized exchange protocol Curve Finance has launched StableSwap on the Stellar mainnet, marking its first native deployment outside the EVM ecosystem. Users can now permissionlessly create liquidity pools, swap assets, and provide liquidity on Stellar.

Curve also plans to deploy the FXSwap protocol, which supports trading across different currency pairs, to Stellar after completing an audit, to expand use cases for stablecoins, foreign exchange, and real-world assets (RWAs). Curve founder Michael Egorov stated that this expansion is partially driven by institutional demand. According to DeFiLlama data, Curve's current total value locked (TVL) is approximately $1.27 billion.