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Curve DAO's CRV token jumps 14% amid rising perpetual market activity and on-chain growth despite protocol losses.

Technical Signals
29 Sep 2026
AMBCrypto
View Source
Bullish
Curve DAO's CRV token jumps 14% amid rising perpetual market activity and on-chain growth despite protocol losses.

Curve DAO's CRV token gained over 14% in the past 24 hours, driven by increased trader long positions in its perpetual markets and a 29% rise in capital inflows, pushing Open Interest to $165.84 million. On-chain activity also surged, with active addresses up 18% and transactions increasing by over 53%, supporting the bullish momentum. However, the protocol is operating at a $3.09 million loss in Q3 2025 due to incentive payouts exceeding gross profits, posing a risk to long-term investor confidence and price stability.

Curve DAO's CRV token outperformed the broader market with a 22.28% gain over the past day, trading at Rp7,185 as of Sep 29, 2026 17:14 WIB on Pluang. This rise contrasts with typical market fluctuations and is supported by strong buying interest, with 78% of orders on Pluang being buys. CRV's market cap stands at Rp11.29 trillion, reflecting significant investor attention compared to its circulating supply at 52% of the total.

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