Rank #244
CVX Convex Finance
CVX Price
$2.41974
-3.15% Market Cap
$233.2M
24H Volume
$47.66M
Circ Supply
96.38M
CVX Explorer & Contracts
Convex Finance Info
Convex Finance is a platform built to boost rewards for CRV stakers and liquidity providers alike, all in a simple and easy to use interface. Convex aims to simplify staking on Curve, as well as the CRV-locking system with the help of its native fee-earning token: CVX.
Convex Finance Features
- CVX can be staked on Convex Finance to earn a share of Curve and Frax LP’s CRV and FXS earnings.
- Platform fees (CRV, FXS) that would be returned to CVX stakers are first locked as veCRV and veFXS, respectively, and tokenized as cvxCRV and cvxFXS before being given to CVX stakers.
- Vote-locked CVX tokens receive additional fees from both Curve.fi and Frax Finance LPs.
Convex Finance Intel
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