Curve DAO Investment Calculator
What would buying CRV have been worth? Pick a plan and a start date and this replays it against real daily Curve DAO closes.
What CRV actually did, in the data this page replays
Measured from the 2,221 daily closes this page replays — 15 August 2020 to 13 September 2026, from Binance. Figures are bounded by that window, not by the asset’s whole life.
| History available | 6 years and 1 month (from Binance) |
|---|---|
| Bought on the first day, held to the last | 0.049× — a loss of 95.1% |
| Highest close in this window | $6.91 on 15 August 2020 |
| Where it sits against that high | 95.1% below |
| Deepest fall | −97.4%, 15 August 2020 → 5 June 2026 |
| Time to get back to that peak | still below it |
| Separate falls of 50% or more | 1 |
| Days spent more than 20% below a previous peak | 99.5% |
| Best calendar year | 2021: +757.9% |
| Worst calendar year | 2022: -91.6% |
| Annualised volatility | 134.9% |
CRV year by year
First close to last close each year. 2020 and 2026 are partial — the data starts mid-2020 and 2026 is still running.
| Year | Change | Note |
|---|---|---|
| 2020 | -90.9% | partial year |
| 2021 | +757.9% | best full year |
| 2022 | -91.6% | worst full year |
| 2023 | +14.9% | |
| 2024 | +42% | |
| 2025 | -62.5% | |
| 2026 | -14.5% | partial year |
The part the calculator does not show you
Curve DAO has a particular shape in this data: its highest close is the very first one we hold, on 15 August 2020, and the 97.4% fall from it is not an event inside the series — it is the series. Any start date you pick above sits somewhere on that decline, which is why almost every plan you can configure here comes back negative. That is not a flaw in the backtest. It is what buying and holding CRV over this window did.
At 134.9% annualised volatility, CRV sits in the top band of anything on this site — the drawdown figures above, not the average, are the number to plan around. All CRV calculators →
Frequently asked questions
＋Would buying CRV on the first day of this data and holding have made money?
No. Held across the whole window the position ended at 0.049× — a loss of 95.1%. That is worth stating plainly because "hold long enough and it recovers" is the usual advice, and over the 6 years and 1 month we hold for CRV it did not happen.
＋What is the worst CRV has fallen?
97.4% in this data, from 15 August 2020 down to 5 June 2026 — 5 years and 10 months of falling. It has not returned to that peak since, so anyone who bought at the top is still waiting. Bear in mind our CRV series starts in 2020; a deeper fall before that date would not appear here.
＋How much time does CRV spend below its previous high?
99.5% of all days in this window sat more than 20% below a previous peak. Put another way, for most of the time you would have owned it, the screen showed a number lower than one you had already seen — which is the part of a backtest's headline return that the headline never conveys.
＋What were CRV's best and worst years?
2021 was the best at +757.9%, and 2022 the worst at -91.6%. The gap between those two is the reason a single average annual return is a poor description of this asset: almost nobody experiences the average, they experience one of the two extremes depending on when they bought.
＋Is 6 years and 1 month of data enough to trust this backtest?
Reasonably. 6 years and 1 month spans roughly one full cycle for CRV — enough for the drawdown figure to mean something, not enough to call it a pattern. The assets here with a decade or more behind them support firmer conclusions.
What to keep in mind for CRV
CRV has a history of large, well-publicised founder-loan liquidations and reacts sharply to any headline about lending positions backed by it.
Curve runs on Ethereum and many layer 2s; on mainnet a lock or a claim costs real gas, so small positions are often not worth locking.
A backtest is one path that already happened. It shows what this plan produced through the exact sequence of prices CRV went through — not what a similar plan will produce through a sequence nobody has seen yet.