#250 rank
Convex Finance

Convex Finance cvx

Convex Finance Price in USD

$2.727

-9.57%

0.001 ETH

0 BTC

Price Change

MIN

MAX

Convex Finance Price Statistics

Current Price

$2.727

Fully Diluted MarketCap

$376,620,789

Total Volume

5,935,277

Total Supply

99,508,377.623

Circulating Supply

81,990,703.724

What is Convex Finance (CVX)?

Convex Finance (CVX) is an Ethereum based DeFi protocol built on top of stablecoin exchange Curve Finance. At its core, Convex rewards Curve liquidity providers and CRV stakers with additional DeFi yields. Curve Finance is now the world's largest decentralized exchange by total value locked ($8.76 billion as of 2021). So, any DeFi protocol absorbing that liquidity into its own protocol will be enormous by default

The Team Behind Convex

The individuals behind the development of the Convex Finance platform have chosen to remain anonymous. According to information on its website, the founding team is made up of well-read and experienced software developers who were looking to solve a series of major problems facing the world of blockchain technology

Top Value Drivers For Convex

The main reasons to invest in Convex include: - Convex Finance is a platform for Curve Finance CRV token holders and Curve liquidity providers to earn additional interest rewards and Curve trading fees on their tokens. Put another way, Convex Finance offers boosted Curve staking. - If Curve continues to grow, Convex CVX will absorb its growth

FAQs

The current price of Convex Finance is USD 2.727.

The total supply of Convex Finance is 99,508,377.623 and circulating supply of Convex Finance is 81,990,703.724

The trading volume of Convex Finance is 5,935,277 in the last 24 hours.