About Convex Finance
CVX is the ERC-20 utility token of Convex Finance, which permits Curve Finance liquidity providers to earn boosted rewards. CVX tokens function as Convex Finance’s governance token, and can be locked in exchange for a portion of the platform's earnings.
Trading Insights
Buyer Ratio
Traders
43
59.26%
Buyers
30
114.29%
Sellers
15
7.14%
Searched
37
Market Stats
Market Cap
£102.03M
11.86%
FDV
£103.33M
Circ. Supply
99M CVX
Max Supply
100M CVX
Total Supply
100M CVX
Total Value Locked
£682.96M
Diluted Valuation
£103.19M
Performance
Popularity
#152
Dominance
0.01%
Volume (24H)
£7.58M
96.44%
Volume (7D)
£26.77M
Volume (30D)
£118.65M
All time high
£37.13
Price Change (1Y)
Not enough data
66.59%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of Convex Finance has increased by 2.18% in the last hour and increased by 14.42% in the past 24 hours. Convex Finance’s price has also risen by 13.17% in the past week. The current price is £1.05 per CVX with a 24-hour trading volume of £7.58M. Currently, Convex Finance is valued at 97.18% below its all time high of £37.13. This all-time high was the highest price paid for Convex Finance since its launch.
The current circulating supply of Convex Finance is 98,741,298.109 CVX which means that Convex Finance has as total market cap of £102,031,497.00.
Market details
CVX vs markets
↘ 43.57%
CVX vs BTC
↘ 38.19%
CVX vs ETH
↘ 42.48%
Tags
defi
yield-aggregator
binance-listing
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x4e3FBD56CD56c3e72c1403e103b45Db9da5B9D2B | |
Solana | BLvmrccP4g1B6SpiVvmQrLUDya1nZ4B2D1nm9jzKF7sz |
Price history
Time | Price | Change |
|---|---|---|
Today | £1.05 | |
1 Day | £0.9167 | |
1 Week | £0.9273 | |
1 Month | £0.973 | |
1 Year | £3.14 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Social stats
Popularity in posts
#247
Contributors
141
Posts
253
% About Convex Finance
0.076%
Articles
0
X (Twitter)
51.41% bullish
Sentiment
4.7 ★
Highlights
141 unique individuals are talking about Convex Finance and it is ranked #247 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Convex Finance has an average sentiment score of 4.7 out of 5. Finally, Convex Finance is becoming less newsworthy, with 0 news articles published about Convex Finance.
On Twitter, people are mostly bullish about Convex Finance. There were 54.01% of tweets with bullish sentiment compared to 5.06% of tweets with a bearish sentiment about Convex Finance. 45.99% of tweets were neutral about Convex Finance. These sentiments are based on 249 tweets.
On Reddit, Convex Finance was mentioned in 2 Reddit posts and there were 12 comments about Convex Finance. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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