Convex Finance (CVX) Price

Convex Finance (CVX) is a DeFi cryptocurrency that powers the Convex Finance ecosystem, which operates primarily on the Ethereum blockchain. Currently ranked #238 with a price of $1.718, CVX has seen a -1.37% change in the last 24 hours. CVX serves as the governance token for the Convex platform, which optimizes yields for Curve Finance liquidity providers. Token holders receive a share of platform fees and can participate in governance decisions affecting the protocol. With a market cap of $155.24M and 24-hour trading volume of $8.68K, CVX has established itself as a significant player in the yield aggregator space. The token has a circulating supply of 90.36M CVX out of a total supply of 99.96M CVX. CVX tokens are minted proportionally for each CRV token claimed on the Convex platform, creating an interconnected ecosystem that rewards liquidity providers and stakeholders within the DeFi landscape.

Convex Finance (CVX) was created in May 2021. It was launched on the Ethereum platform as a DeFi protocol focused on boosting rewards for Curve Finance liquidity providers. Since its inception, Convex Finance has established itself as a significant player in the yield aggregator space within the Ethereum ecosystem. As of 2026-05-08, it has a market cap of $155.24M and is ranked #238 among all cryptocurrencies.

Convex Finance was founded by a team led by Charlie Noyes and Fred Ehrsam. Charlie Noyes is an investor and co-founder of Paradigm, a blockchain investment firm, while Fred Ehrsam is a well-known figure in the cryptocurrency space who co-founded Paradigm. The project launched in May 2021 as a yield optimizer platform built on top of Curve Finance, designed to boost rewards for liquidity providers. The founding team created Convex Finance with the vision of simplifying and maximizing DeFi yields while maintaining a fair distribution model for the CVX token.

Convex Finance works as a DeFi protocol that optimizes yield farming on Curve Finance. Users stake their Curve LP tokens on Convex Finance to earn enhanced rewards in both CRV and CVX tokens. The platform automatically converts and compounds rewards, eliminating manual claiming and re-staking. CVX token holders can lock their tokens to receive voting rights in the protocol's governance and earn a share of platform fees. The longer users lock their CVX, the more voting power they receive. Currently ranked #238 with a price of $1.718, Convex Finance has seen a -1.37% change in the last 24 hours. Convex Finance operates on the Ethereum blockchain and has expanded to the Solana ecosystem. With a market cap of $155.24M and 24-hour trading volume of $8.68K, Convex Finance continues to be a popular yield optimization solution in the DeFi space.

Convex Finance operates on a dual-blockchain architecture, primarily built on Ethereum with an ERC-20 token implementation (contract address: 0x4e3fbd56cd56c3e72c1403e103b45db9da5b9d2b) and also available on the Solana blockchain (address: BLvmrccP4g1B6SpiVvmQrLUDya1nZ4B2D1nm9jzKF7sz). The token functions within a yield optimization protocol that leverages Curve Finance's liquidity pools. Technically, Convex Finance uses a staking mechanism where users deposit Curve LP tokens to earn boosted CRV rewards without locking their assets. The architecture includes smart contracts for token distribution, reward claiming, and fee sharing. CVX tokens are minted proportionally to CRV tokens claimed on the platform, with a total supply cap of approximately 100 million tokens. The protocol also features a governance component where CVX holders can participate in decision-making regarding platform parameters and treasury management. The system's architecture prioritizes capital efficiency while maintaining security through audited smart contracts.

Convex Finance has a promising future with a comprehensive roadmap focused on enhancing its DeFi ecosystem. As a leading yield aggregator on Ethereum, Convex Finance plans to expand its protocol integrations, improve governance mechanisms, and optimize yield strategies by 2026-2027. Key upcoming developments include: • Enhanced cross-chain functionality beyond Ethereum and Solana • Improved tokenomics to increase CVX utility • New partnership initiatives with major DeFi protocols • Advanced security features and audits With Convex Finance's current market cap of $155.24M and growing TVL ratio, analysts project significant growth potential. The team aims to increase protocol revenue streams and boost CVX staking rewards, potentially driving $1.718 appreciation. The roadmap also includes UI/UX improvements to attract more users to the platform's yield optimization services.

Convex Finance is rising due to increased DeFi activity, significant inflows to veCRV token, and growing adoption in yield farming strategies. The token has seen a -1.37% increase, with strong momentum from its ecosystem expansion and platform upgrades.

Convex Finance is currently dropping due to market correction after a 46% surge over 60 days. The recent 21% decline in the past month reflects profit-taking and broader DeFi sector adjustments. Despite this dip, Convex Finance still shows strong fundamentals with $1.718 and significant TVL ratio.

Convex Finance has potential to reach $4.50 by 2027, with analysts projecting an average price of $3.53 for 2028. Current price is $1.718 with a market cap of $155.24M.

Convex Finance price movements depend on market conditions, DeFi adoption, and Ethereum ecosystem growth. Based on recent performance (+1.39% in 24h, +4.17% in 7d), CVX shows positive momentum. Potential catalysts include yield farming innovations and broader DeFi expansion in 2026.

The current price of Convex Finance (CVX) is $1.718. As the #238 cryptocurrency by market cap, CVX has seen a -1.37% change in the last 24 hours with a trading volume of $8.68K.

The highest price Convex Finance has ever reached was $60.32 on January 1, 2022, marking its all-time high since its launch.

The lowest price Convex Finance has ever reached was $1.360 on June 6, 2025, marking its all-time low since launch.

Currently, 1 CVX is worth $1.718.

Convex Finance is valuable as it powers a DeFi yield optimization platform, offering governance rights and boosted returns for liquidity providers. With a market cap of $155.24M and trading at $1.718, it enables users to maximize yields without active management.

Currently, there are 99,900,461 Convex Finance tokens in total supply with 97,670,403 CVX in circulation. The maximum supply is not specified.

No, CVX mining is not profitable as it's not mineable. Convex Finance operates on Ethereum platform and generates revenue through protocol fees rather than mining activities. Current price is $1.718 with $155.24M market cap.

Convex Finance was launched on May 17, 2021 on the Ethereum platform. It began trading shortly after its release and has since become a significant DeFi yield aggregator token.

Currently, one CVX costs $1.718.

You can buy Convex Finance through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy CVX at $1.718. Crypto ATMs also offer direct purchases.

To purchase CVX, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to CVX trading pair, enter purchase amount, and confirm your transaction. Store your CVX in a secure wallet for safekeeping.

Yes, Convex Finance is generally considered legitimate and safe. As a DeFi protocol on Ethereum with a 238 market cap ranking, CVX has established credibility since 2021. However, like all cryptocurrencies, it carries inherent risks and volatility. Always conduct your own research before investing.

Convex Finance is an ERC-20 utility token for the Convex Finance platform, currently ranked #238 with a price of $1.718. It has a total supply of 99.96M CVX and can be locked for a share of platform earnings. Convex Finance operates on the Ethereum blockchain and is used in DeFi yield optimization.

Convex Finance price prediction is challenging. Currently at $1.718, CVX shows -1.37% growth in 24h. With its DeFi utility and recent 62% 90-day growth, CVX could potentially reach higher levels by 2027 if market conditions remain favorable.

The all-time high of Convex Finance reached $60.090 on December 28, 2021, representing a significant peak in the token's price history.

Convex Finance works by allowing users to stake Curve LP tokens to earn boosted CRV rewards without locking CRV themselves. Convex Finance holders can stake their tokens to earn a share of platform fees and trading revenues, while also gaining voting power in Curve governance.