Curve Finance Debuts on Etherlink, Links Tezos to EVM DeFi

Published: 2025-08-07 07:30:40 |

Curve Finance has launched on Etherlink, Tezos’ Layer 2 built with Smart Rollup, bringing its renowned stablecoin and pegged-asset liquidity into the Tezos ecosystem. Deployed as part of Etherlink’s $3 million Apple Farm Season 2 incentive program, Curve Finance attracted over $4.67 million in TVL within days. Etherlink offers fast, low-cost EVM-compatible transactions, enabling users to trade stablecoins with low slippage via MetaMask and other Ethereum wallets. Since exiting public beta in early 2025, Etherlink’s TVL surged from $1.4 million to $47.7 million thanks to performance upgrades and rewards. This integration strengthens Tezos-EVM interoperability and sets a new backbone for cross-chain stablecoin trading, though long-term growth will depend on post-incentive adoption.

Bullish

The integration of Curve Finance into Etherlink is bullish for the market. By bringing proven stablecoin liquidity tools to Tezos’ L2, it boosts TVL, deepens interoperability with Ethereum, and enhances user access through EVM-compatible wallets. Historically, similar cross-chain deployments (e.g., Aave on Polygon) drove rapid TVL growth and positive trader sentiment. In the short term, expect increased trading volumes and liquidity mining activity. Long term, sustained adoption post-incentives could solidify Tezos as a viable DeFi hub and drive demand for XTZ, ETH and CRV.