Convex Finance
CVX
Yield booster on Curve via aggregated veCRV voting power
ATH $60.09 on Jan 2022·upd. May 27
How much will you earn?
| Platform | Interest | Total |
|---|---|---|
| ★ | +0.9598 | 10.9598 |
Method: monthly compounding (1 + APR/12)ⁿ, where APR is the exchange's stated rate. The realised 12-month return is slightly higher due to reinvestment. Rates may change. Not financial advice.
Coin signals
- 🪙 Small market cap: $152M
- 💧 Modest liquidity: $10M / 24h
- 📉 Price -97% below ATH. Peak: Jan 2022
- 📊 Low market cap rank (#223)
All platforms for CVX
| Platform | Best | Type | Platf. risk | |
|---|---|---|---|---|
| | 9.2 % | flexible | B | Open |
What is CVX
Convex Finance (CVX) is a protocol that aggregates CRV tokens, locks them as veCRV and offers Curve LPs boosted yields without forcing them to lock CRV for years themselves. CVX holders earn a share of fees and vote on how the protocol directs its boost across pools, making CVX a central actor in the Curve Wars. Convex has extended the same model to Frax and other ve-style systems. CVX revenue tracks Curve volumes and emissions. Full project details on CoinGecko: https://www.coingecko.com/en/coins/convex-finance
Known risks
- ⚠Curve dependency — any issue affecting Curve directly hits CVX
- ⚠Liquid wrapper risk — cvxCRV can trade below parity with CRV
- ⚠Complex smart-contract stack inheriting Curve risks plus Convex-specific code
- ⚠Competition from other veCRV wrappers (Stake DAO, Yearn)
- ⚠Declining CRV emissions over time reduce Convex base yield