CVX
CVX

Convex Finance price

$4.7610
+$0.19900
(+4.36%)
Price change from 00:00 UTC until now
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Convex Finance market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
Market cap
$389.13M
Circulating supply
81,990,704 CVX
Market cap ranking
--
24h high
$4.8670
24h low
$4.3690
All-time high
$62.8000

CVX calculator

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Convex Finance price performance in USD

The current price of Convex Finance is $4.7610. Since 00:00 UTC, Convex Finance has increased by +4.36%. It currently has a circulating supply of 81,990,704 CVX and a maximum supply of 100,000,000 CVX, giving it a fully diluted market cap of $389.13M. At present, the Convex Finance coin holds the 0 position in market cap rankings. The Convex Finance/USD price is updated in real-time.
Today
$0.19900
+4.36%
7 days
$1.0340
+27.74%
30 days
$1.5290
+47.30%
3 months
$2.5370
+114.07%

About Convex Finance (CVX)

3.6/5
Certik
4.3
30/10/2024
CyberScope
3.8
31/10/2024
TokenInsight
2.7
11/09/2023
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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Convex Finance is a leading DEX liquidity pool on Ethereum that allows Curve Finance liquidity providers (LP) and stakers to earn boosted CVX and CRV, Curve DAO's native token. MixBytes audited Convex Finance before its launch to maximize security. CVX is the name and ticker symbol of Convex Finance's native platform token.

Convex Finance maintains the liquidity of all assets while maximizing rewards. Curve LP tokens earn users trading fees, CRV, and liquidity mining incentives in CVX. At the same time, CRV stakers get a share of the boosted CRV, CVX tokens, and Curve's trading fees. Curve LP tokens can be withdrawn at any time.

Additionally, users can provide liquidity to the cvxVRV/CRV and CVX/ETH liquidity pools on the SushiSwap decentralized exchange and earn SUSHI LP tokens. SUSHI LP tokens earned can be staked on Convex to earn liquidity provider rewards in CVX. With CVX, users will earn a share of Curve LP's CRV earnings. Likewise, users who stake CVX will receive cvxCRV fees. Finally, CVX holders can vote on protocol decisions.

CVX price and tokenomics

Convex Finance has a maximum supply of 100 million CVX tokens. 50% of the CVX supply is reserved as Curve LP rewards on Convex Finance. The protocol mints CVX proportional to each CRV token claimed by Curve LPs on Convex Finance. The CVX/CRV mint ratio reduces every 100,000 CVX, thus impacting CVX price.

25% of the CVX supply is reserved for liquidity mining, 9.7% is allocated to the Convex Finance treasury, 3.3% for investors, and 10% will go to the Convex Finance team. The treasury, investor holdings, and Convex Finance team tokens will follow a one-year vesting schedule. As vesting tokens are unlocked, CVX price charts will be impacted. The remaining 2% of tokens is airdropped to veCRV holders.

About the founders

Convex Finance was launched in May 2021 and is supported by the Curve Finance team. Additionally, convex Finance has partnerships with Frax Finance, BadgerDAO, and Zerion, which allows users to track Convex Finance positions on their platform.

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CVX FAQ

How much is Convex Finance worth today?
Currently, one Convex Finance is worth $4.7610. For answers and insight into Convex Finance's price action, you're in the right place. Explore the latest Convex Finance charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Convex Finance, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Convex Finance have been created as well.

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