Convex Finance

Convex Finance

Rank #188

CVX

$2.25+7.35% (24h)
Score70Solid

Market Stats

Market Cap Rank#188
Market Cap$209.91M
Fully Diluted Valuation$225.23M
24h Volume$14.30M
24h High$2.37
24h Low$2.05
Circulating Supply93.19M
Total Supply99.99M
Max Supply100.00M
All-Time High$60.09
All-Time Low$1.04
Genesis Date-

Sentiment

0% Bullish0% Bearish

About

Convex is a protocol that simplifies Curve boosting experience in order to maximize yields. Convex allows Curve liquidity providers to earn trading fees and claim boosted CRV without locking CRV themselves. Liquidity providers can receive boosted CRV and liquidity mining rewards with minimal effort. If you would like to stake CRV, Convex lets users receive trading fees as well as a share of boosted CRV received by liquidity providers. This allows for a better balance between liquidity providers and CRV stakers as well as better capital efficiency. Curve liquidity providers can deposit their LP tokens into Convex to maximize their CRV earnings with a more efficient boost. Curve DAO token stakers will be able to earn additional boosted CRV and CVX tokens through the protocol.

Community

Details