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Convex Finance Stock

Convex Finance

CVX

Price

2.01
Today +/-
+0
Today %
+0 %

Convex Finance Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
HTXCVX/USDT2.471,137.121,593.542.64 M0.14cex2187/9/2025, 6:23 AM
CEEX exchangeCVX/USDT2.47519.78756.081.9 M0.15cex17/9/2025, 6:21 AM
BinanceCVX/USDT2.4725,726.2160,2301.08 M0.01cex529.477/9/2025, 6:23 AM
BiboxCVX/USDT2.616,535.357,467.15607,929.870.23cex1037/9/2025, 6:21 AM
BitgetCVX/USDT2.47115,056.33126,618.77572,371.230.03cex4817/9/2025, 6:24 AM
BTCCCVX/USDT2.46276,930.63480,624.51565,089.80.11cex4187/9/2025, 6:18 AM
GateCVX/USDT2.4618,659.6249,860.68534,151.560.02cex4497/9/2025, 6:23 AM
HotcoinCVX/USDT2.473,119.263,577.3515,395.540.07cex1917/9/2025, 6:23 AM
LBankCVX/USDT2.4737,548.8881,793.91475,490.310.02cex4567/9/2025, 6:21 AM
CoinUp.ioCVX/USDT2.4729,415.2734,446.56409,236.970.02cex2767/9/2025, 6:18 AM
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Convex Finance FAQ

What is Convex Finance (CVX)?

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.

Who Founded Convex Finance?

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.

### What Distinguishes Convex Finance? 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.

What is the Circulating Supply of Convex Finance (CVX) Coins?

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.

What Mechanisms Are Employed to Secure the Convex Finance Network?

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.

Where can you purchase Convex Finance (CVX)?

CVX is listed on Binance, OKX, Bitget, Mandala Exchange, and Hotcoin Global.

Investors interested in Convex Finance are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.