Understanding Curve's Core Assets Across Networks
Curve Finance has established itself as a leading decentralized finance protocol, with several key assets that operate across multiple blockchain networks. This guide explores the cross-chain functionality of CRV, crvUSD, and scrvUSD, providing essential details for users navigating these tokens.
CRV (Curve DAO Token)
The CRV token serves as Curve's governance token, enabling holders to participate in protocol decisions. While CRV exists on multiple chains, its full functionality—including veCRV locking and gauge voting—remains exclusive to Ethereum.
CRV Network Availability
| Network | Contract Address | Bridge |
|---|---|---|
| Ethereum | 0xD533a949740bb3306d119CC777fa900bA034cd52 | Native chain |
| Arbitrum | 0x11cDb42B0EB46D95f990BeDD4695A6e3fA034978 | Arbitrum Bridge |
| Base | 0x8Ee73c484A26e0A5df2Ee2a4960B789967dd0415 | Base Bridge |
| Optimism | 0x0994206dfE8De6Ec6920FF4D779B0d950605Fb53 | Optimism Bridge |
| Polygon | 0x172370d5Cd63279eFa6d502DAB29171933a610AF | Polygon Bridge |
👉 Learn more about CRV tokenomics
crvUSD (Curve Stablecoin)
Launched in May 2023, crvUSD is Curve's native stablecoin. Initially available only on Ethereum, it can now be bridged to several networks while maintaining its pegged value.
crvUSD Cross-Chain Bridges
| Chain | Contract Address | Bridge |
|---|---|---|
| Ethereum | 0xf939E0A03FB07F59A73314E73794Be0E57ac1b4E | Native chain |
| Arbitrum | 0x498Bf2B1e120FeD3ad3D42EA2165E9b73f99C1e5 | Arbitrum Bridge |
| Optimism | 0xc52d7f23a2e460248db6ee192cb23dd12bddcbf6 | Optimism Bridge |
Key features of crvUSD include:
- Over-collateralized minting mechanism
- Dynamic interest rates
- Cross-chain liquidity opportunities
scrvUSD (Savings-crvUSD)
Introduced in November 2024, scrvUSD represents interest-bearing crvUSD tokens. These tokens automatically accrue yield through Curve's lending markets.
scrvUSD Network Support
| Chain | Contract Address | Bridge |
|---|---|---|
| Ethereum | 0x0655977FEb2f289A4aB78af67BAB0d17aAb84367 | Native chain |
| Optimism | 0x289f635106d5b822a505b39ac237a0ae9189335b | Superbridge |
| Base | 0x646a737b9b6024e49f5908762b3ff73e65b5160c | Superbridge |
👉 Discover advanced scrvUSD strategies
FAQ: Curve Assets Cross-Chain
Q: Can I earn veCRV rewards on non-Ethereum chains?
A: No, veCRV locking and associated rewards are only available on Ethereum mainnet.
Q: What's the safest way to bridge crvUSD between chains?
A: Always use the official bridges listed in this guide to ensure security and proper token wrapping.
Q: Does scrvUSD automatically compound interest?
A: Yes, scrvUSD tokens represent continuously compounding interest positions in Curve's lending markets.
Q: Are there any risks in using bridged versions of these tokens?
A: Bridged tokens carry smart contract risk from the bridge implementation and may have reduced functionality compared to native versions.
Q: Which network has the deepest liquidity for Curve assets?
A: Ethereum remains the primary network with the most liquidity and full functionality for all Curve assets.
Key Takeaways
- CRV enables governance but requires Ethereum for full functionality
- crvUSD offers stablecoin utility across multiple networks
- scrvUSD provides automated yield accrual in expanding markets
- Official bridges ensure secure cross-chain transfers
- Ethereum remains the hub for Curve's most advanced features
By understanding these cross-chain dynamics, users can better navigate Curve's ecosystem while optimizing their DeFi strategies across networks.