Convex Finance (CVX) Price
Convex Finance Price
Technical Analysis
Daily indicators based on 1d candle data
DeFi Analytics
Advantages of Cryptocurrency
Decentralization & Financial Freedom
Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.
Transparency & Security
Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.
Global Accessibility
Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.
Investment Potential
Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.
Risks of Cryptocurrency
High Volatility
Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.
Regulatory Uncertainty
The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.
Security Risks
Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.
Environmental Impact
Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.
History of Cryptocurrency
The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.
Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.
The Rise of Altcoins
Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).
The ICO Boom and Market Crash
The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.
Institutional Adoption
The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.
DeFi, NFTs & Web3
Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.
Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.
Exchange
| Exchange | Market Pair | Price | Depth +2% | Depth -2% | Volume 24H | Volume % | Type | Liquidity Rating | Freshness |
|---|---|---|---|---|---|---|---|---|---|
| HTX | CVX/USDT | 2.47 | 1,137.12 | 1,593.54 | 2.64 M | 0.14 | cex | 218.00 | 7/9/2025, 6:23 AM |
| CEEX exchange | CVX/USDT | 2.47 | 519.78 | 756.08 | 1.90 M | 0.15 | cex | 1.00 | 7/9/2025, 6:21 AM |
| Binance | CVX/USDT | 2.47 | 25,726.21 | 60,230.00 | 1.08 M | 0.01 | cex | 529.47 | 7/9/2025, 6:23 AM |
| Bibox | CVX/USDT | 2.61 | 6,535.35 | 7,467.15 | 607,929.87 | 0.23 | cex | 103.00 | 7/9/2025, 6:21 AM |
| Bitget | CVX/USDT | 2.47 | 115,056.33 | 126,618.77 | 572,371.23 | 0.03 | cex | 481.00 | 7/9/2025, 6:24 AM |
| BTCC | CVX/USDT | 2.46 | 276,930.63 | 480,624.51 | 565,089.80 | 0.11 | cex | 418.00 | 7/9/2025, 6:18 AM |
| Gate | CVX/USDT | 2.46 | 18,659.62 | 49,860.68 | 534,151.56 | 0.02 | cex | 449.00 | 7/9/2025, 6:23 AM |
| Hotcoin | CVX/USDT | 2.47 | 3,119.26 | 3,577.30 | 515,395.54 | 0.07 | cex | 191.00 | 7/9/2025, 6:23 AM |
| LBank | CVX/USDT | 2.47 | 37,548.88 | 81,793.91 | 475,490.31 | 0.02 | cex | 456.00 | 7/9/2025, 6:21 AM |
| CoinUp.io | CVX/USDT | 2.47 | 29,415.27 | 34,446.56 | 409,236.97 | 0.02 | cex | 276.00 | 7/9/2025, 6:18 AM |
Convex Finance FAQ
Convex Finance is a decentralized finance (DeFi) protocol enabling Curve liquidity providers to earn a portion of trading fees on Curve without directly staking liquidity there. Liquidity providers (LPs) can instead stake their tokens with Convex and obtain enhanced CRV and liquidity mining rewards. This structure enhances capital efficiency for CRV stakers and solidifies Convex Finance as a significant entity in the Curve wars. Convex is engaged in a competitive endeavor to acquire as much control as possible over the Curve Finance stablecoin exchange. The number of CRV tokens a protocol holds correlates with its influence over interest rates on Curve, the largest decentralized exchange (DEX) globally by total value locked (TVL). As a result, the "Curve wars" represent an ongoing competition for dominance over what is arguably the most vital protocol in DeFi.
Convex Finance was created by a team of anonymous developers. Despite its anonymous origins, Convex Finance is regarded as one of the most significant and influential protocols in the decentralized finance sector, making it a comparatively low-risk investment. For more details, you can find information on Eulerpool.
Convex Finance holds a significant position in the Curve wars due to its innovative incentive structure. Its primary objective is to gather as much Total Value Locked (TVL) as possible to maximize its influence over Curve Finance. Essentially, Convex Finance focuses on CRV holders and Curve liquidity providers, utilizing two main strategies: 1. CRV holders receive cvxCRV in exchange for staking their CRV. 2. Curve liquidity providers (LPs) receive enhanced rewards when they stake their LP tokens with Convex. Within Curve Finance, staked CRV results in veCRV (vote-escrowed CRV), which liquidity providers earn as a reward. In summary, veCRV refers to time-locked CRV tokens with increased voting power and rewards, which depend on the lock-up period of the original CRV. CRV rewards can reach up to 2.5 times the original rewards, but achieving maximum rewards becomes more challenging with higher liquidity deposits. In other words, it is nearly impossible for a single entity to stake sufficient liquidity to gain the maximum boost, which is where Convex Finance becomes valuable. Convex operates as a collective that pools the assets of individual stakers, leveraging their combined liquidity. Even small investors can stake their Curve Finance LPs through Convex and obtain enhanced rewards not otherwise accessible. They receive: * The interest rate on their supplied liquidity. * A share of the Curve trading fees. * The enhanced rewards from Convex. * CVX tokens Additionally, by staking CRV tokens and receiving cvxCRV, you gain access to: * veCRV rewards * Convex trading fees * CVX tokens * Airdrops for veCRV token holders For detailed information, please visit Eulerpool.
CVX has a total supply of 100 million CVX, distributed as follows: * 50% for Curve LP rewards: Rewarded pro-rata for CRV received on Convex. * 25% for liquidity mining: Distributed over four years, involving incentive programs such as CVX/ETH and cvxCRV/CRV. * 9.7% for the treasury: Vested over one year, intended for future incentives or other community-driven activities. * 1% for veCRV holders: Instantly claimable airdrop. * 1% for veCRV holders who vote to whitelist Convex: Instantly claimable airdrop. * 3.3% for investors: Vested over one year. All investment funds are used to pre-seed boost and are locked permanently (no cvxCRV minted). * 10% for the Convex team: Vested over one year. CvxCRV tokens are minted at a 1:1 ratio for each CRV staked. CVX tokens are utilized for participating in proposals within the Convex Finance protocol. For additional information, visit Eulerpool.
Convex Finance underwent an audit conducted by MixBytes, with the results available here. The security of its treasury is maintained through a 3 of 5 multisignature wallet composed of the following entities: * C2tP - Convex Finance * Winthorpe - Convex Finance * Charlie - Curve Finance * Tommy - Votium * Sam - Frax Finance In early March 2022, a bug was discovered in one of the smart contracts, necessitating the team to redeploy the vote-locking contract, which resulted in a decrease in the CVX price.
CVX is listed on Binance, OKX, Bitget, Mandala Exchange, and Hotcoin Global.
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