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| Convex Finance 
| #CVX
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| CVX Price: | $1.95 | | Volume: | $7.0 M | | All Time High: | $60.15 | | Market Cap: | $0.2 B |
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| Circulating Supply: | 98,906,581 |
| Exchanges: | 42
| | Total Supply: | 99,855,122 |
| Markets: | 47
| | Max Supply: | — |
| Pairs: | 52
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The price of #CVX today is $1.95 USD.
The lowest CVX price for this period was $0, the highest was $1.95, and the exact current price of one CVX crypto coin is $1.95439.
The all-time high CVX coin price was $60.15.
Use our custom price calculator to see the hypothetical price of CVX with market cap of ETH or other crypto coins. |
The code for Convex Finance is #CVX.
Convex Finance is 3.8 years old. |
The current market capitalization for Convex Finance is $193,302,270.
Convex Finance is ranked #160 out of all coins, by market cap (and other factors). |
The trading volume is big during the past 24 hours for #CVX.
Today's 24-hour trading volume across all exchanges for Convex Finance is $7,010,688. |
| The circulating supply of CVX is 98,906,581 coins, which is 99% of the total coin supply. |
CVX is well integrated with many pairings with other cryptocurrencies and is listed on at least 42 crypto exchanges.
View #CVX trading pairs and crypto exchanges that currently support #CVX purchase. |
March 2023: Convex on Polygon, cvxFXS staking, and more
In November 2022, Convex officially started the journey into side-chains/L2s when it launched on Arbitrum. Today, that footprint expands as Convex launches on Polygon!Convex expands to Polygon How it works: Just like Convex on Arbitrum, operating on Polygon will look and feel very similar to Convex on Ethereum. The process for providing liquidity and staking on Convex are the same as before; provide liquidity on Curve, stake LP tokens on Convex to get the socialized boost, and claim rewards. How to get there: Visit www.convexfinance.com and filter on “Polygon” pools.Choose the “Polygon” tab to see pools on Polygon Initial pools that are live for Polygon include the following: TUSD+amDAI+amUSDC+amUSDT, EURS+amDAI+amUSDC+amUSDT, amDAI+amUSDC+amUSDT, amDAI+amUSDC+amUSD+amWBTC+amWETH, EURT+amDAI+amUSDC+amUSDT, aMATICb+WMATIC, axlUSDC+USDC, CRV+amDAI+amUSDC+amUSD+amWBTC+amWETH, MATIC+amDAI+amUSDC+amUSD+amWBTC+amWETH, — cvxFXS Single-Sided Staking - A recent convex proposal to enable single side staking of cvxFXS passed, and this change is now live! In practice, this change means the 10% platform fee has been redirected from the cvxFXS+FXS liquidity pool to single-side staking, as well as veFXS fees. cvxFXS single-sided staking has taken over the “Convert FXS” section of the Frax page on Convex. You can stake your existing cvxFXS using the “Advanced” toggle switch the same as you would with cvxCRV on th... 
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January 2023 Update: cvxCRV Staking Changes
Convex Finance for Curve.fi allows users to interact with the protocol from multiple fronts: by providing liquidity on Curve and staking LP tokens, staking and/or locking CVX tokens and participating in governance and gauge votes, or simply staking cvxCRV and receiving a share of LPs earned rewards. There have been multiple updates for LPs and CVX holders/lockers, but so far, there have been no major changes to cvxCRV dynamics since launch. From the docs: A new wrapper contract for staked cvxCRV is coming soon. This new wrapper contract will enable several enhancements to existing cvxCRV staking: Ability to directly add additional incentives to cvxCRV staking., Adjustable rewards, user can choose to receive only CRV and CVX, only 3CRV, or any user-adjustable weighted mix there of., ERC-20 transferable staked cvxCRV, Fee Structure Changes With these enhancements in mind, Convex will be posting a proposal soon to change the platform fees, with the goal of utilizing the new functionality of the wrapper. At the protocol level, Convex hopes to be able to divert two percent of platform fees to acquire and stake existing cvxCRV toward the new wrapper contract. The cvxCRV acquired and staked this way will add to the to wrapper’s overall rewards, while removing cvxCRV from circulation. Proposed fee changes will be as follows:Note: “Vote-locked CVX” would continue to get “CVX Stakers” fees Incentivizing cvxCRV Staker...
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November 2022: Convex Goes Cross-Chain
Back in February, Curve Finance enabled boosting of pools on other chains outside of Ethereum main-net. Since then, Curve has provided a home for LPs on Arbitrum, Polygon, and Optimism just to name a few. Curve pools on other chains are eligible for gauges just like any traditional pool on Ethereum. Through the bi-weekly gauge weight votes, Convex has been providing vlCVX holders the option to vote for these pools to receive a portion of CRV emissions on other chains. However, LPs on side-chains/L2s did not previously have any ability to get the socialized boost Convex provides for LPs on Ethereum. Convex Finance is now taking the next step, and starting the expansion to additional chains as well. First stop: Arbitrum! How it works: Convex Finance on Arbitrum will look and feel very similar to Convex on Ethereum. The process for providing liquidity and staking on Convex are the same as before; provide liquidity on Curve, stake LP tokens on Convex to get the socialized boost, and claim rewards. How to get there: Visit www.convexfinance.com and filter on “Arbitrum One” pools.Toggle switch between Ethereum and Arbitrum Pools now on the “Stake” page With the addition of Arbitrum pools, convexfinance.com now has a cross-chain interface. Pools and interface elements on both Ethereum main-net and Arbitrum will both be visible. Users will be prompted to switch chains to interact with their respective pools.“Change netwo...
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Post-Mortem of Events June 23
Initial Disclosure. — On June 23, 2022, on Twitter reported some abnormal activity on the Convex Finance website. Suspicious contract approvals were suspected. Shortly after this, sent a direct-message to the Convex Twitter account with the same suspicions. Convex Twitter issued this initial warning tweet as a result of the two similar notifications. — Summary of Attack. — After some initial investigation, it was confirmed that the DNS of had been hijacked, taking users to a copy of the website containing malicious contracts. The attack replaced web elements that interact with smart-contracts across varying portions of the site to new contracts under the attackers control. Unsuspecting users could have clicked familiar buttons in the UI, but been prompted to approve new, malicious contracts. Many contract addresses even contained the same first and last 4 characters, making it easier to glance at these new contracts and potentially accept them as the originals. Furthermore, the malicious contracts did not seem to be presented to all users, nor were they always presented on the same web elements. Convex used NameCheap as it’s domain registrar for . The attacker was able to access the NameCheap account, even with 2-factor authentication enabled, a strong password, and security alerts. Convex team still had access to the account; 2FA was still enabled, the password was the same, but the attacker was still abl...
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Year-in-Review: Convex Turns 1!
Though it feels like a lot longer, one year has passed since the launch of Convex Finance. Let’s highlight some statistics on the growth of the protocol since last May! Over 31,000 individual wallets have interacted with Convex, and Convex has captured, on average, approximately 100% of all CRV emissions over the last year!Convex recently passed 200M CRV locked!Whitelisted DAO’s locked CRV tokens (and “Other” independent CRV lockers) CVX lockers continue to grow. Over 80% of circulating CVX tokens are vote-locked at the time of this writing. CVX lockers get to participate in governance and gauge-weight votes, and receive additional protocol fees.Note the “un-lockening” in March 2022; CVX locks continued higher afterwards! Aligned incentives for other DAOs and Convex means CVX distribution continues to expand. Continuing decentralized governance power is a net positive for the protocol!DAO-owned CVX continues to grow Convex protocol fees and rewards are distributed to ecosystem participants. Curve LPs, cvxCRV stakers, and CVX stakers/lockers all benefit from the Convex protocol’s continued success. Incentives are designed to be aligned between all participants. External incentives to CVX gauge-weight voters (via Votium or other avenues) are not included in these figures, an additional ~195M so far!Fees + reward distribution to Convex users.Convex Community The growth and success of Convex is bolstered by i...
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Boosted Frax Staking Now Live!
Continuing the work between Frax Finance and Convex Finance, the Frax portion of Convex expands further today. Select Liquidity Pools from Frax Finance can now be staked on Convex, with additional pools coming soon.Vesper Orbit FRAXAave aFRAXFrax FPI/FRAXComing soon: Temple FRAX/TEMPLE Similar to the way Convex works for Curve.fi, Frax LPs can enjoy socialized (and simplified) boosting mechanics for their LP positions when staked on Convex Finance. However, Frax Finance allows LPs from various venues to participate. LPs originating from Uniswap, Sushiswap, AAVE, or any multitude of other platforms have the potential to be hosted on Frax, and, by extension, Convex. — For Liquidity Providers. — LPs who want to start staking on Convex need to do the following:Obtain LP tokens from the original source; For LPs currently staked on Frax, this means unstaking/withdrawing from Frax.Deposit + Stake your LP tokens on frax.convexfinance.com/stake. The process will be 3 transactions: Create Vault, Approve, Deposit+Stake. Full instructions here.Note: LPs on Frax may receive additional boosted FXS earnings by locking their LP tokens for durations of time. LPs must lock for a minimum of 1 day for no additional time-boost; most pools allow the user to lock for up to 3 years to receive the maximum time boost. After time-locks expire, users can remain in the pool and continue to receive socialized boosting from Convex veFXS witho...
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February Update: FPI Airdrop, Multichain Incentives
Frax Finance: FPI Airdrop - In the previous update, frax.convexfinance.com went live, and allowed for users to convert FXS to cvxFXS in anticipation of the Frax Finance portion of Convex launching. As announced by Frax Finance, the FPI token airdrop snapshot will be taking place on Feb 21, 2022 at 00:00 UTC. Full details have yet to be released from Frax Finance. Users who’ve locked FXS as cvxFXS will be eligible for the maximum amount of FPI. Important note: If you have cvxFXS tokens and wish to receive the FPI airdrop, be sure to hold “vanilla” cvxFXS during the snapshot. cvxFXS tokens in liquidity pools or other contracts will not be accounted for. Simply hold cvxFXS in your wallet. You can verify your token balance by looking at your address on etherscan.io directly (under ERC20 tokens, look for cvxFXS). Alternatively, you can connect your wallet to frax.convexfinance.com, and your cvxFXS balance will display in the UI. — @ConvexFinance After the snapshot, Convex will begin on “Phase 2” as outlined in our prior update. More information will be communicated after the FPI snapshot. — Multi-Chain Boosting and Incentives - Previously, the boosting system for Curve.fi veCRV (and cvxCRV by extension) LP provider rewards only applied to liquidity pools on Ethereum mainnet. This, in tandem, gave Convex Finance the same limitations: boosting as a service, but only for pools on Ethereum. As si...
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Vote-Locked CVX Contract Migration
Today, the contract for vote-locked CVX (vlCVX) has been re-deployed. Convex Finance was recently made aware of a potential bug in the vlCVX rewards system. This bug was responsibly disclosed before anyone utilized it; no loss of funds occurred, and user deposits were not at risk. There were no instances of this being used prior to deployment of the new vlCVX contract. However, since Convex Finance contracts are immutable and non-upgradeable, a new contract had to be deployed. The new vlCVX contract has implemented a fix for this potential bug going forward. User’s who vote-lock CVX earn 5%+1% rewards in the form of cvxCRV. This bug made it possible for expired locks to relock directly to a new address, which, in turn, enabled them to claim more cvxCRV rewards than they had earned. Special thanks to the team at Popcorn for their assessment and disclosure. A bug bounty will be paid out from the Convex treasury. — Implementation and Actions for Vote-lockers. — To migrate users to the new vlCVX contract, all currently locked CVX has been unlocked from the old contract. Anyone who has vote-locked their CVX will have to withdraw their tokens from the “Lock CVX” page and re-lock in the new contract. Users will have a small grace period to move their previously-locked tokens over to the new contract. During this grace period, formerly locked CVX tokens that have not expired and have not yet been withdrawn will st...
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December Update: Protocol Expansion, CVX/ETH Incentive Migration
Frax Finance and cvxFXS Convex Finance originally started out with the goal of optimizing and expanding opportunities for users of Curve.fi. Curve’s CRV token model stood out amongst the crowded DeFi space, and the success of that model combined with Convex is clear. Other protocols have begun following suit, whether that’s launching new protocols with similar token-locking models, or revamping existing tokens to include similar characteristics. Speculation over potential collaboration with Frax Finance over the past weeks can stop now: Convex Finance is expanding to include Frax Finance’s Frax Shares, FXS. Frax has adopted a similar token-locking model that is a natural fit for the Convex ecosystem. FXS can be locked as veFXS for fee sharing, governance rights, and gauge votes on Frax’s platform. We encourage users to familiarize themselves with Frax’s documentation. Not long after our launch, Frax Finance has been invested in the success of Convex, and has shown considerable interest in being a good actor for the ecosystem. It is our belief that the team at Frax Finance will make for great partners in the first expansion into new protocols. This week, we will begin a soft-launch of the new Frax portion of the Convex platform, starting with opening up deposits for FXS. — Phase 1 (this week):. — FXS deposit and convert to cvxFXS is now available at https://frax.convexfinance.com/.Since Convex will lock...
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November Update: Voting Incentives, Community Contributions, Next steps
Voting Incentives: A quick primer As Convex Finance has gained a significant share of locked CRV tokens, one of the primary utilities of the CVX token has started to show its strength: Curve.fi gauge-weight votes. CVX vote-lockers on Convex can allocate their vote-weight towards Curve pools they hope to see a higher proportion of CRV token emissions directed towards. With the rise of Convex’s gauge-weight, projects like Frax, Badger, Spell, and more have shown interest in gaining CVX and incentivizing vlCVX to increase their CRV allocation. Increasing CRV rewards on gauges can drastically increase liquidity for these projects. With the launch of both bribe.crv.finance and Votium, users are able to receive incentives for allocating their vote-weight towards specific Curve pools. DAOs, projects, and individuals have the ability to post incentives, to be paid in the token of their choice, to those individuals who vote for specific pools. — What does this mean for CVX vote-lockers?. — All CVX vote-lockers have access to incentives from bribe.crv.finance. These incentives are distributed amongst all vote lockers each gauge-weight vote based on your vote-weight, regardless of whether or not you individually vote. These rewards are claimable on convexfinance.com/claim under Locked CVX -> Extra Incentives, In order to be eligible for additional incentives claimable on Votium, you must vote for those pools that ha...
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