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convex
CVX
#275
$1.640
up
3.14%
Market cap$119,088,794
Volume$5,399,288.40
Volume / Market cap4.53%
Circulating Supply72,615,118.357
72.62%
Total Supply$100,000,000
Fully Diluted Valuation$164,000,000
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Chain info
24H Price performance
LowHigh
$0$0
0.00%
Inflow$0
Outflow$0
Netflow$0
52-Week high$-
at Oct 30, 20240.00%
52-Week low$-
at Oct 30, 2024+0.00%
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About convex
Convex Finance is a DeFi protocol that allows Curve liquidity providers to earn a share of trading fees on Curve without staking liquidity there. Instead, LPs can stake with Convex and receive boosted CRV and liquidity mining rewards. This provides CRV stakers with better capital efficiency and positions Convex Finance as an important player in the Curve wars. Convex has entered a competitive race to obtain as much control as possible of the Curve Finance stablecoin exchange. The more CRV tokens a protocol has, the more influence it has over interest rates on Curve, which is the largest DEX in the world by TVL. Consequently, the “Curve wars” are an ongoing race for influence over
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