Curvance
Curvance is a non-custodial, omnichain DeFi lending protocol where users supply crypto collateral to earn yield, borrow, and access automated cross-market strategies across Ethereum, Polygon zkEVM, Base, and Monad without KYC.
- Company typePrivate
- Founded2022
- HeadquartersGrand Cayman, Cayman Islands
- Headcount—
- GTM typeB2C
- OfferingSoftware
What Curvance does
Curvance is a decentralized, non-custodial DeFi protocol providing an omnichain lending and borrowing market. Incorporated as Curvance Platform Inc. in Panama (with a Cayman Islands operating footprint), the company operates a self-serve platform accessible globally at app.curvance.com without KYC, where users connect self-custodial wallets to deposit assets, borrow against collateral, access leverage, swap, and earn yield across multiple blockchain networks — Ethereum, Polygon zkEVM, Base, and the Monad ecosystem. The company was founded in 2022 and operates as a remote-first team.
The platform's core technical architecture consists of an isolated-market money market (problems in one market cannot propagate to others), an Oracle System with Chainlink as the preferred price feed (supplemented by Redstone and Pendle adaptors) using freshness heartbeat checks and adaptive price guards, ERC4626-style Earn Vaults that automatically route and rebalance deposits across approved markets, a Dynamic Liquidation Engine with orderflow auctions and bad-debt socialization, a Plugin & Delegation System enabling third-party contract automation, and a ProtocolReader contract for batched data queries. Cross-chain routing is supported via Wormhole and LayerZero integrations. Security has been validated by four named audit firms — Cantina, Sherlock, Trail of Bits, and Trust Security — with zero security incidents reported across $125M in deposits.
Curvance generates revenue through embedded protocol fees on lending, borrowing, and liquidation operations, Earn Vault performance fees capped at 50% (5,000 BPS) above the exchange-rate high watermark, and a borrow interest rate spread on cTokens. The go-to-market is product-led: users adopt the protocol directly via the web app, with growth driven by comprehensive developer documentation, integration partnerships across the DeFi ecosystem, and community-driven word-of-mouth. To date the company has raised $7.6 million across a December 2023 seed round ($3.6M from Offchain Labs, Wormhole, and numerous DeFi DAOs) and a November 2025 strategic round ($4M co-led by F Prime Capital and 0xPrimal). Customer segments are horizontal, serving DeFi users, crypto holders, and multichain users seeking unified yield and credit access.
Curvance firmographics
Firmographics- Name
- Curvance
- Legal name
- Curvance Platform Inc.
- Website
- https://curvance.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Short description
- Curvance is a non-custodial, omnichain DeFi lending protocol where users supply crypto collateral to earn yield, borrow, and access automated cross-market strategies across Ethereum, Polygon zkEVM, Base, and Monad without KYC.
- Ownership category
- akta.pro rank
Curvance industry classification
Industry- Product category
- Decentralized Finance Lending
- NAICS
- Securities and Commodity Exchanges (523210), Depository Credit Intermediation (5221)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Lending Protocol Infrastructure (Oracles, Rate Models, Vaults) (FSADAFAN)
- akta.pro secondary industry
- Staking & Earn Programs (Exchange-Operated) (FSADAAAH)
Keywords
Where Curvance is headquartered
LocationHeadquarters
- HQ city
- Grand Cayman
- HQ country
- Cayman Islands
Offices2 records
Markets served
Curvance business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Protocol Fees: The Protocol charges fees for lending, borrowing, liquidations, and other protocol operations. These fees are set by smart contracts and may change based on market conditions and protocol governance, distributed according to protocol specifications.
- Earn Vault Performance Fees: Performance fees charged on yield above the exchange-rate high watermark in Earn Vaults. Fee is configured in BPS (capped at MAX_FEE_BPS of 5000 BPS) and distributed as optimizer shares to the DAO address.
- Interest Rate Spread: Borrow interest fee charged by cTokens on borrow operations, in BPS. Lenders earn yield from borrower interest payments.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Curvance product offering
Product offeringCore offering
Curvance is a decentralized, non-custodial omnichain lending protocol that lets users deposit crypto assets, borrow against collateral, leverage long/short positions, swap tokens, and earn automated yield through ERC4626-style Earn Vaults across isolated markets on Ethereum, Layer 2s, and the Monad ecosystem from a single dashboard. The platform charges protocol fees on lending, borrowing, and liquidations, plus performance fees on Earn Vaults.
Product overview
Curvance is a decentralized, non-custodial DeFi platform providing an omnichain money market accessible across multiple blockchains including Ethereum and Layer 2s. The platform operates as a unified product combining Liquidity Markets (core lending/borrowing protocol), Earn Vaults (ERC4626-style yield optimization vaults), and the Oracle System (price validation and protection). Additional components include the Plugin & Delegation System for third-party integrations, Dynamic Liquidation Engine for automated risk management, ProtocolReader for data queries, and Protocol Managers for governance. The platform supports blue chips, stablecoins, yield-bearing assets, and long-tail tokens with isolated market architecture to contain risk.
Differentiator
Problem solved
Functional benefit
Products and services
- Curvance Liquidity Markets Core non-custodial lending and borrowing protocol enabling users to supply crypto assets to earn yield and borrow against collateral across isolated markets on Ethereum, Layer 2s, and Monad.
- Earn Vaults ERC4626-style yield optimization vaults that accept a single ERC20 asset and automatically route and rebalance deposits across approved Curvance BorrowableCToken markets for users, distributing optimizer shares and charging capped performance fees.
- Curvance SDK Python developer SDK providing quick start guides for Loans & Collateral, Leverage, Plugin Integration, and Liquidations to enable developers to build integrations on top of the Curvance lending protocol.
Quantifiable outcome
- $125M in deposits with 0 security incidents since launch
Companies that use Curvance
Customer profileSegments2 records
Ideal customer profiles2 records
Curvance technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability5 records
Feature9 records
Curvance partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and core.
- Mu DigitalminorIntegration partner in Mu Digital's 'Infinite Ways to Earn' campaign. Curvance is listed as an integration partner within the Monad ecosystem, enabling users to access Curvance's yield strategies through Mu Digital's platform.
- ChainlinkcorePreferred oracle partner for pricing assets on Curvance. Chainlink feeds are used to price listed assets due to highly secure technical assumptions and MEV architecture. In cases where Chainlink oracles are unavailable, other oracle solutions may be temporarily utilized.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Curvance competitors and assessment
Company assessmentDirect peers
- Aave: Largest decentralized lending protocol with omnichain deployments (Aave V3 on Ethereum and major L2s). Direct competitor in cross-chain money markets with similar isolated-market architecture and institutional user base.
- Compound: Pioneer DeFi lending protocol with cToken-based money markets on Ethereum and Coinbase-compounded Base. Comparable lending model with similar supply/borrow mechanics and protocol fee structure.
- Morpho: Optimized lending layer building on top of Aave/Compound with peer-to-peer matching and vault products (Morpho Blue). Comparable money market architecture with isolation and modular risk markets.
- Radiant Capital: Omnichain money market using LayerZero for cross-chain lending, similar omnichain architecture and isolated markets. Closest direct analog in cross-chain DeFi lending positioning.
- Silo Finance: DeFi lending protocol built on isolated money markets where each asset pair has its own risk parameters. Closest architectural analog to Curvance's isolated-market design and risk compartmentalization.
- Euler Labs: Modular DeFi lending protocol with isolated lending markets, ERC4626-style vaults, and a plugin-like architecture. Comparable technical foundation and product structure to Curvance.
- Spark Protocol: DeFi lending protocol from the MakerDAO/Sky ecosystem, offering DAI savings and collateralized debt positions. Comparable money market product targeting similar DeFi lending users.
- Venus Protocol: Algorithmic money market and synthetic stablecoin protocol on BNB Chain with isolated lending pools. Comparable lending product and protocol fee model, though regional to BNB Chain.
Emerging players
- Pendle Finance: Yield-trading protocol that splits yield-bearing assets into PT/YT tokens and is integrated as an oracle adaptor within Curvance. Comparable DeFi user base focused on yield optimization.
Others
- Chainlink: Decentralized oracle network serving as Curvance's preferred oracle partner for asset pricing. Not a competitor but a critical infrastructure dependency for protocol security and accurate liquidations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Curvance social profiles
Digital presenceCurvance compliance and trust
Trust signalCompliance4 records
Curvance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Curvance leadership team
Management profileNumber of profiles
Curvance funding detail
Funding detailFunding overview
Funding rounds2 records
Investors20 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Curvance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Curvance
What does Curvance do?
Curvance is a decentralized, non-custodial omnichain lending protocol that lets users deposit crypto assets, borrow against collateral, leverage long/short positions, swap tokens, and earn automated yield through ERC4626-style Earn Vaults across isolated markets on Ethereum, Layer 2s, and the Monad ecosystem from a single dashboard. The platform charges protocol fees on lending, borrowing, and liquidations, plus performance fees on Earn Vaults.
Is Curvance a public or private company?
Curvance is a private company. It is classified as venture growth investor backed and is currently operating.
When was Curvance founded?
Curvance was founded in 2022.
Where is Curvance based?
Curvance is headquartered in Grand Cayman, Cayman Islands.
How does Curvance make money?
Three revenue lines are on record. Protocol Fees are the primary driver. The others are earn Vault Performance Fees and interest Rate Spread.
Who are Curvance's main competitors?
Direct peers on record are Aave, Compound, Morpho, Radiant Capital, Silo Finance, Euler Labs, Spark Protocol and Venus Protocol. Pendle Finance is listed as an emerging player. Chainlink is listed as an others.
Does Curvance have an API?
Yes. Curvance provides a developer SDK and Protocol Reader contract for building integrations. The SDK supports quick start guides for Loans & Collateral (lend assets, collateralize, withdraw, borrowing & repayment, flash loans), Leverage (leveraging, deleveraging), Plugin Integration, and Liquidations. The ProtocolReader is a read-only auxiliary contract for querying market, account, pricing, liquidation, leverage, and balance data from Curvance, allowing frontends, SDKs, data indexers, and external systems to batch common reads into fewer calls. Developer documentation is available at docs.curvance.com. Developer documentation is at docs.curvance.com/app/developer-docs/overview.
What industry is Curvance in?
Curvance's product category is Decentralized Finance Lending. Its primary akta.pro industry code is FSADAFAN, Lending Protocol Infrastructure (Oracles, Rate Models, Vaults), with a secondary code of FSADAAAH, Staking & Earn Programs (Exchange-Operated). Its NAICS code is 523210 and its SIC code is 6200.