Sonic Labs, previously known as the Fantom Foundation, announced via X on Tuesday that Curve Finance will launch on the Sonic blockchain. Curve Finance is a stableswap AMM that offers efficient trading of stablecoins and volatile assets. Additionally, Curve Lending (Llamalend) enables the creation of permissionless lending and borrowing markets.
Fantom is building a programmable platform on a directed acyclic-graph-based distributed ledger. Its FTM coin is up 4% in the last 24 hours and is currently trading at $0.66.
Curve Finance is an exchange liquidity pool on Ethereum that is designed for efficient stablecoin trading. CRV is up 3% in the last 24 hours and now trades at $0.3066 per coin.