Curve Finance has officially gone live on Etherlink, representing a significant step toward bridging the Tezos blockchain with the broader Ethereum-compatible DeFi landscape. Announced on August 6 as part of Etherlink’s Apple Farm Season 2 incentive program, the deployment introduces Curve—a leading decentralized exchange focused on stablecoin and pegged-asset liquidity—to the Tezos ecosystem.
Powered by Tezos’ Smart Rollup technology, Etherlink is a layer-2 network designed for fast, low-cost transactions with native support for Ethereum wallets like MetaMask. With Curve now live, users can trade stablecoins and other pegged assets on Etherlink with minimal slippage—all within a familiar EVM-compatible environment.
The launch is part of Etherlink’s broader effort to boost DeFi activity through its Apple Farm Season 2 rewards program, which offers over $3 million in incentives to users engaging with selected protocols. Curve joins platforms like Superlend, Gearbox, and Lombard Finance in the campaign. Since its debut, Curve has attracted more than $4.67 million in total value locked (TVL) on Etherlink.
Enhancing Tezos and EVM interoperability
Curve’s launch reinforces its role as a cornerstone of the Tezos DeFi ecosystem, positioning it as a potential backbone for stablecoin trading on Etherlink and other Tezos-connected platforms.
Etherlink, meanwhile, has seen steady growth in recent months. Since exiting public beta in early 2025, its total value locked (TVL) has surged from $1.4 million to $47.7 million—driven by upgrades like faster bridging and improved smart contract performance.
While Etherlink’s rapid rise reflects strong momentum, questions remain about the sustainability of this growth once incentive programs conclude. Nevertheless, Curve’s integration lends further credibility to the network and paves the way for deeper liquidity flow between Tezos and Ethereum-based ecosystems.
