Curve’s daily trading volume dropped to about $425 million on Oct. 30 UTC, roughly half the level seen a day earlier. DefiLlama’s series puts turnover at $424.96 million, down from $847.44 million on Oct. 29. The decline looks sharp, but the day was still busy: volume remained about 335% above the prior seven-day median of $97.69 million, based on Oct. 23 to Oct. 29 UTC totals.
The 3pool mix changed
For the three-stablecoin pool known as 3pool, the day brought a partial reversal of the USDT shift reported a day earlier. Pool-level data shows 3pool handled $82.14 million on Oct. 30 UTC, compared with $343.36 million the previous day. Snapshots taken just before the day began and near its close show USDT balances falling from 121.15 million to 112.93 million tokens. DAI rose from 20.61 million to 24.25 million, and USDC rose from 20.10 million to 24.56 million.
USDT’s share of the pool’s nominal token balances fell from 74.8% to 69.8%, according to The Defiant’s calculation. That eases concentration in USDT but does not remove it. The snapshots describe pool composition, not trader motives, and they are not evidence that any stablecoin lost its dollar peg.
Where the volume sat
Curve’s chain-level dataset reports $420.72 million in trading volume for the same UTC day, close to DefiLlama’s total. The two readings are not independent. DefiLlama’s adapter draws on Curve’s API. Curve also records liquidity-related volume separately from trading turnover, so the figures should be read with that in mind.
Ethereum accounted for $414.40 million of Curve’s reported trading volume that day. Base followed with $2.67 million. The gap shows how much of the activity still sits on Ethereum, even as other networks carry some flow.
For liquidity providers, the latest numbers suggest the USDT tilt eased somewhat, perhaps because flows shifted or because balances were rebalanced. The data alone does not explain why. It does show a quieter day than Oct. 29, but not a quiet day by recent standards.
