Impermanent Loss (IL). It's the Voldemort of DeFi – the thing we don't like to name, but constantly haunts liquidity providers. It's that sinking feeling when you provided liquidity, happily collected trading fees, only to find out your portfolio is worth less than if you'd just HODLed. Curve Finance, with...

This world of decentralized finance (DeFi) is moving so quickly. Fortunately, innovative new solutions are helping address the challenges liquidity providers face. In fact, one of the largest challenges in crypto liquidity is impermanent loss. It occurs when the prices of tokens in a liquidity pool diverge, making a provider’s...

Curve founder Michael Egorov’s plans to reduce the risk of impermanent loss, a major fear in decentralized finance (DeFi). As one side makes a strong rally—the winner of the bout—Curve’s system is meant to borrow against the winner and buy the loser. This mechanism does a nice job of ramping...