Is Curve Finance Done with Layer-2s?
A new proposal suggests Curve Finance may halt L2 development — and here’s why it matters:
🔍 L2 Revenue is Low:
Across 24+ L2s (like Arbitrum, Optimism, Polygon), Curve earns only ~$1,500/day — that's just $62 per L2/day.
⚙️ High Maintenance, Low Return:
Fast-moving L2s require constant dev time, but 93%+ of Curve’s fees still come from Ethereum.
On slow days, Ethereum alone generates $28,000.
📉 The Proposal:
Keep current L2s running but stop new dev work. Focus instead on Ethereum, and expand adoption of Curve’s crvUSD.
📊 Context:
Curve’s 30-day volume: $7.45B
2025 revenue: $6.62M
TVL: $21.45B
$CRV is up 63.3% this month, trading at $0.8784.
This move isn’t final yet — the community is still debating.
But it raises the question: Are L2s worth it for major DeFi protocols?
