There is a reason @CurveFinance is often called the "backbone of defi". It's value comes from more than it's TVL, it's function as a stablecoin DEX, lending protocol, or stablecoin issuer. It's value comes from being the deepest liquidity hub for stablecoins everywhere and it's ability to perform as intended in times of market turbulence. It provides a vital service during the most critical moments in these markets, without which there would be complete chaos. "First thing to understand about USDe: its most liquid venue is actually not on exchanges, it’s on Curve. There’s hundreds of millions of dollars of standing liquidity on Curve, while only tens of millions on any given exchange, including Binance."(CrediBULL Crypto)