TL;DR
- Curve has gone live on Etherlink, a Tezos Layer 2 rollup, unlocking high-efficiency stablecoin trading on the Tezos blockchain.
- The integration brings low-slippage liquidity pools for pegged assets and cross-currency pairs.
- As part of its rollout, Curve joins the Apple Farm Season 2 incentive program, which distributes over $3 million in rewards to boost DeFi adoption on Etherlink and accelerate ecosystem expansion.
Curve, one of the leading decentralized exchanges for stablecoin swaps, has officially launched on Etherlink, the Layer 2 scaling solution built natively for the Tezos blockchain. This move introduces deep stablecoin liquidity and efficient trading of pegged assets to Tezos, positioning Curve as a critical component in the Layer 2’s growing DeFi infrastructure.
Etherlink differs from many other Layer 2 networks by maintaining close integration with Tezos’ native architecture, using smart rollups that rely on Tezos’ on-chain governance and upgrade systems. This design allows for faster decision-making, lower transaction costs, and reduced risk of fragmentation, while maintaining a seamless experience for developers and users.
A New Phase For Stablecoin Liquidity On Tezos
The deployment is also aimed at bridging liquidity between Tezos and Ethereum ecosystems. According to Curve’s network expansion lead, Maximilian Roszko, the Tezos launch enables access to the same kind of liquidity Curve provides on Ethereum mainnet, but with lower fees and faster performance. He highlighted the protocol integration as a reason why the initiative aligns well with Curve’s broader mission.
As part of the expansion, Curve is now participating in Apple Farm Season 2, a rewards initiative focused on scaling DeFi activity on Etherlink. With over $3 million in incentives, the program encourages users and developers to engage more deeply with applications on Tezos Layer 2.
Accelerated Ecosystem Development On Etherlink
The Etherlink ecosystem has seen notable growth in recent months, with protocols such as uranium.io and partners like Superland joining the platform. Midas introduced mBASIS and mTBILL tokens on Etherlink, adding tools for liquidity and staking strategies within DeFi.
Etherlink’s performance is gaining traction. With bridging times dropping from over two weeks to under a minute and contract execution speeds improving significantly, the network is being increasingly recognized for its scalability. During Apple Farm Season 1, Etherlink peaked at $47.7 million in total value locked and nearly $90 million in on-chain assets.
With Curve now acting as a stablecoin liquidity hub, Etherlink is positioned to compete as a high-performance DeFi environment. The integration may also pave the way for new fiat-pegged stablecoins and cross-chain asset strategies within the Tezos ecosystem.
