- Trade
- Products
- Markets
- More
Login
Sign Up
Sign Up
Login
Sign Up
Sign Up
Live CVX/INR Price
₹193.24
5.39%
Price Changes
₹10.42
5.39%
24h Low
₹193.24
24h High
₹204.24
Quantity
CVX
Price
INR
TRADE NOW
₹
₹
ADD ASSET TO COMPARE
Select a coin to compare
SHELL
Myshell
GALA
Gala
GENIUS
Genius terminal
USDS
Usds
ACN
Aitech cloud network
CHILLGUY
Just a chill guy
HAEDAL
Haedal protocol
HMSTR
Hamster kombat
PEAQ
Peaq
DRIFT
Drift
FORM
Four
HUMA
Huma finance
W
Wormhole
ZRX
0x
ALGO
Algorand
JUP
Jupiter
KAS
Kaspa
POL
Pol (ex-matic)
RENDER
Render
FIL
Filecoin
BNB
Binance coin
ATOM
Cosmos
D
Dar open network
VRA
Verasity
GMX
Gmx
ADX
Heyaura
GUN
Gunz
LINK
Chainlink
LIGHT
Bitlight
TLM
Alien worlds
ACT
Act i : the ai prophecy
X
X empire
NMR
Numeraire
PROM
Prom
SAFE
Safe
LPT
Livepeer
ERA
Caldera
1000CHEEMS
Cheems (cheems.pet)
MELANIA
Official melania meme
KSM
Kusama
RESOLV
Resolv
GAS
Gas
AERO
Aerodrome finance
INJ
Injective
RDNT
Radiant capital
YFI
Yearn.finance
COQ
Coq inu
ORDI
Ordi
ADA
Cardano
MEMEFI
Memefi
COOKIE
Cookie dao
RIF
Rootstock infra framework
MARSCOIN
Marscoin
RED
Redstone
HNT
Helium
STO
Stakestone
SNX
Synthetix network token
CKB
Nervos network
COW
Cow protocol
KAVA
Kava
THE
Thena
VINE
Vine coin
CFG
Centrifuge
XRP
Ripple
ZRO
Layerzero
APT
Aptos
RLC
Iexec rlc
ALPINE
Alpine f1 team fan token
KAITO
Kaito
AXL
Axelar
MAVIA
Heroes of mavia
TOWNS
Towns
TFUEL
Theta fuel
IO
Io.net
VTHO
Vethor token
AMP
Amp
DATA
Data network
DGB
Digibyte
BERA
Berachain
BANANAS31
Banana for scale
NEAR
Near protocol
SUSHI
Sushi
EDU
Open campus
RE
Re protocol
LINEA
Linea
BIO
Bio protocol
XLM
Stellar
USDC
Usd coin
STX
Stacks
NIGHT
Midnight
CAKE
Pancakeswap
PYTH
Pyth network
ETHFI
Ether.fi
TIA
Celestia
DASH
Dash
TURBO
Turbo
SPK
Spark
HPP
House party protocol
ALT
Altlayer
TREE
Treehouse
BABY
Babylon
ENJ
Enjin coin
TURTLE
Turtle
SOMI
Somnia
ACH
Alchemy pay
BCH
Bitcoin cash
NXPC
Nexpace
MUBARAK
Mubarak
BAN
Comedian
ASTR
Astar
WIN
Winklink
NOM
Nomina
MEGA
Megaeth
SOL
Solana
VET
Vechain
FLR
Flare
STRK
Starknet
CRV
Curve dao token
NEXO
Nexo
PYR
Vulcan forged (pyr)
UXLINK
Uxlink
TRB
Tellor
CELO
Celo
ZIL
Zilliqa
DYDX
Dydx
MOBILE
Helium mobile
ID
Space id
XVS
Venus
HOLO
Holoworld ai
POLYX
Polymesh
NKN
Nkn
BRETT
Brett (based)
ESP
Espresso
GPS
Goplus security
PNUT
Peanut the squirrel
LTC
Litecoin
BOME
Book of meme
XYO
Xyo
POPCAT
Popcat (sol)
PHA
Phala network
UNI
Uniswap
TOSHI
Toshi
XNO
Nano
ALLO
Allora
ANKR
Ankr
BAND
Band protocol
G
Gravity
AVAX
Avalanche
MASK
Mask network
SYN
Synapse
SSV
Ssv.network
NIL
Nillion
ELIZAOS
Elizaos
TRUMP
Official trump
SEI
Sei
RAY
Raydium
PENGU
Pudgy penguins
FET
Artificial superintelligence
VIRTUAL
Virtuals protocol
PHB
Phoenix
AVNT
Avantis
NOT
Notcoin
SUI
Sui
CC
Canton
SCR
Scroll
REQ
Request
PEOPLE
Constitutiondao
BARD
Lombard
MOG
Mog coin
C
Chainbase
MOODENG
Moo deng (moodengsol.com)
GRAM
Gram (prev. toncoin)
MEW
Cat in a dogs world
ME
Magic eden
MAGIC
Treasure
RPL
Rocket pool
LISTA
Lista dao
PROVE
Succinct
IOTX
Iotex
UMA
Uma
MOVE
Movement
HBAR
Hedera
XEM
Nem
AT
Apro
MANTA
Manta network
COTI
Coti
WAVES
Waves
GIGGLE
Giggle fund
LAYER
Solayer
SAHARA
Sahara ai
OPEN
Openledger
REZ
Renzo
MEME
Memecoin
METIS
Metis
LUNA2
Terra 2.0
NEIRO
First neiro on ethereum
TAO
Bittensor
XPL
Plasma
PENDLE
Pendle
FF
Falcon finance
XTZ
Tezos
LDO
Lido dao
SPX
Spx6900
IMX
Immutablex
1MBABYDOGE
Baby doge coin
SUN
Sun (new)
TRX
Tron
OP
Optimism
BLUR
Blur
CTSI
Cartesi
OPG
Opengradient
EUL
Euler
POWR
Power ledger
VANA
Vana
ZORA
Zora
MMT
Momentum
SKL
Skale
XAUT
Tether gold
SHIB
Shiba inu
ETH
Ethereum
CATI
Catizen
SIGN
Sign
ARKM
Arkham
FRAX
Frax (prev. fxs)
HYPER
Hyperlane
IOST
Iost
CPOOL
Clearpool
MANTRA
Mantra
INIT
Initia
ENA
Ethena
HIGH
Highstreet
KNC
Kyber network
MTL
Metal
EDEN
Openeden
MITO
Mitosis
ILV
Illuvium
API3
Api3
YGG
Yield guild games
GMT
Stepn
AUCTION
Bounce token
SOLV
Solv protocol
ZBT
Zerobase
AUDIO
Audius
PARTI
Particle network
DEGEN
Degen
QNT
Quant
AAVE
Aave
VANRY
Vanar chain
CETUS
Cetus protocol
OGN
Origin protocol
FOGO
Fogo
HOME
Defi app
AEVO
Aevo
ONE
Harmony
CGPT
Chaingpt
WOO
Woo
DOGS
Dogs
USUAL
Usual
CELR
Celer network
ONDO
Ondo
KITE
Kite
GNO
Gnosis
BAT
Basic attention token
CFX
Conflux
KAIA
Kaia
GRT
The graph
MON
Monad
BONK
Bonk
AR
Arweave
JTO
Jito
EIGEN
Eigenlayer
SYRUP
Maple finance
ENS
Ethereum name service
JASMY
Jasmycoin
FLOKI
Floki
COMP
Compound
KMNO
Kamino finance
AKT
Akash network
RUNE
Thorchain
BCUT
Bitscrunch
BIGTIME
Big time
BANK
Lorenzo protocol
PUMP
Pump.fun
DOT
Polkadot
DIA
Dia
ZKC
Boundless
CHR
Chromia
PIXEL
Pixels
LQTY
Liquity
AIXBT
Aixbt by virtuals
BREV
Brevis
LA
Lagrange
WLD
Worldcoin
ASTER
Aster
MYRO
Myro
FIDA
Solana name service
XAI
Xai
GIGA
Gigachad
USDT
Tether
PAXG
Pax gold
WLFI
World liberty financial
QKC
Quarkchain
TNSR
Tensor
WCT
Walletconnect token
BICO
Biconomy
GTC
Gitcoin
MNT
Mantle
ICP
Internet computer
MIRA
Mira
TUT
Tutorial
ANIME
Animecoin
ARPA
Arpa
SAPIEN
Sapien
C98
Coin98
PEPE
Pepe
SKY
Sky
ROBO
Fabric protocol
GRIFFAIN
Griffain
JOE
Joe
ENSO
Enso
F
Synfutures
ALICE
My neighbor alice
NEWT
Newton protocol
GOAT
Goatseus maximus
TST
Test
HIPPO
Sudeng
BANANA
Banana gun
CAT
Simon's cat
MYRIA
Myria
PERP
Perpetual protocol
MIGGLES
Mr miggles
KAT
Katana
HEMI
Hemi
YB
Yieldbasis
OG
Og fan token
BMT
Bubblemaps
ORDER
Orderly network
LRC
Loopring
ARB
Arbitrum
MORPHO
Morpho
SUNDOG
Sundog
KERNEL
Kerneldao
DYM
Dymension
SOPH
Sophon
AI
Sleepless ai
SXT
Space and time
ETC
Ethereum classic
PONKE
Ponke
STORJ
Storj
DOLO
Dolomite
GNS
Gains network
OPN
Opinion
BB
Bouncebit
EPIC
Epic chain
VVV
Venice token
JST
Just
TRU
Truefi
VOXEL
Voxies
TWT
Trust wallet token
MET
Meteora
TRAC
Origintrail
HYPE
Hyperliquid
WIF
Dogwifhat
THETA
Theta network
CVX
Convex finance
ZEC
Zcash
ZAMA
Zama
AXS
Axie infinity
ZK
Zksync
A
Vaulta
MANA
Decentraland
TEL
Telcoin
NEO
Neo
BTC
Bitcoin
SAND
The sandbox
S
Sonic (prev. ftm)
GRASS
Grass
FARTCOIN
Fartcoin
CHZ
Chiliz
SENT
Sentient
APE
Apecoin
0G
0g
NPC
Non-playable coin
DEXE
Dexe
1INCH
1inch
AIOZ
Aioz network
XEC
Ecash
SUPER
Superverse
DEEP
Deepbook protocol
SFP
Safepal
DOGE
Dogecoin
PLUME
Plume
RSR
Reserve rights
GLM
Golem
ATH
Aethir
WAL
Walrus
EGLD
Elrond
ORCA
Orca
2Z
Doublezero
Convex Finance is a DeFi platform built on the Curve Finance network, a DEX for swapping stablecoins. It is designed to enhance the rewards for liquidity providers and takers on the Curve Finance platform. Put simply, the protocol allows users to earn staking rewards without locking CRV, enabling a secondary reward. Convex Finance is powered by its native token, CVX.
Convex Finance was founded in May 2021 by a pseudonymous founder/founders who goes by the name ‘C2tp.’
• CVX token: The CVX token is the backbone of the Convex Finance platform. CVX has both utility and governance functionality and is used to reward stakers.
• Fee sharing: Users who stake CVX earn a share of the fees generated from platform fees or Convex’s activities.
• Governance: CVX token holders can participate in the decision-making process via voting in Convex Finance and Curve Finance.
• Interaction with Curve Finance: Convex Finance was created with Curve Finance in mind so the two are very closely tied and leverage from interacting with the other. For example, users can deposit Curve Finance LP tokens into Convex Finance to receive rewards.
CVX is a promising cryptocurrency that has been around in the crypto market for over 3 years now. The token was launched in May 2021, with the aim of optimizing yield generation. CVX offers rewards for liquidity providers and stakers, making it attractive for yield farmers. The token ranks at #259, with a market cap of $179.19M as of October 2024. It is currently trading at $1.81, but the token’s all-time high (ATH) is $62.69. While the current price and the ATH seem to have a staggering difference, experts expect the token to trade at around $20.15 in 2030.
Download the CoinSwitch app to invest in CVX.
• CVX can be traded, bought, or sold to leverage the price movement.
• Stakers can earn a share of the platform’s revenue.
• Token holders can participate in the protocol’s governance.
• Users can provide liquidity to Convex Finance by depositing Curve LP tokens.
• Convex Finance boosts the rewards for liquidity providers and takers on the Curve Finance platform.
• It enables users to earn higher rewards on their Curve Finance liquidity without locking their tokens.
• Stakers of CVX receive a share of the platform fees.
• CVX is subject to market volatility.
• The co-relations between Convex Finance and Curve Finance might be confusing for some.
• Being built to cater to Curve Finance, Convex’s success is closely tied to it.
• To trade in CVX on CoinSwitch, download the app.
• You can start with as low as ₹100.
• Trade in CVX seamlessly on our easy-to-use and access platform.
The CVX was distributed through liquidity mining instead of a traditional Initial Coin Offering (ICO). Early adopters and users who provided liquidity to Curve Finance pools or staked Curve tokens (CRV) were rewarded with the CVX token. As per the tokenomics of Convex Finance, out of the 100M CVX tokens, the allocation includes 50% for Curve LP rewards, 25% for liquidity mining over four years, and smaller portions for the treasury, investors, the Convex team, and airdrops to veCRV holders.
MyShell
Convex FinanceMyShellPrice
₹0
₹0
24h Price Difference %
₹0
₹0
7d Price Difference %
₹0
₹0
Market Cap
-
-
24h Trade Volume
-
-
Circulating Supply
-
-
Market Rank
-
-
1. What is the Convex Finance (CVX) coin?
Convex Finance (CVX) is a decentralized finance (DeFi) protocol built on Ethereum that enhances the Curve Finance ecosystem by allowing users to earn rewards through staking and liquidity provision. The CVX token serves both utility and governance purposes, enabling holders to vote on platform decisions and share in platform fees. Users must vote-lock their CVX tokens to influence the allocation of Curve’s governance.
2. How does Convex Finance (CVX) cryptocurrency work?
Convex Finance (CVX) enhances the Curve Finance ecosystem by allowing users to stake their Curve (CRV) tokens for boosted rewards. CVX serves as a governance token, enabling holders to vote on platform decisions and proposals. Users can earn CVX by providing liquidity or staking, which incentivizes participation and governance within the platform. This mechanism optimizes yields for investors, making it an attractive option in decentralized finance (DeFi).
3. Is Convex Finance (CVX) safe?
Convex Finance (CVX) operates on the Ethereum blockchain, which offers a secure environment, but it is not without risks. Potential vulnerabilities include smart contract bugs, market volatility, and the threat of forking. Additionally, users face risks associated with liquidity provision and governance decisions. Overall, while CVX has security measures, users should conduct thorough research before investing.
4. Is Convex Finance (CVX) a good investment?
Convex Finance (CVX) has potential for growth, with predictions suggesting it could rise significantly by 2025. Current forecasts estimate a price increase from $2.28 to around $5.01 by the end of 2024. However, investment suitability depends on individual risk tolerance and market conditions. As with any crypto investment, thorough research is essential.
Highlight
Convex Finance is a DeFi platform designed to enhance the rewards for users participating in Curve Finance.
CVX Price Today
CVX Price
₹193.24
Price Change 24h
5.39%
Price Change 7d
4.54%
Market Rank
#141
Market Cap
₹1,858 Cr.
Trade Vol 24h
₹43 Cr
Circulating Supply
₹10 Cr. CVX
Trading Activity
75% Buy25% Sell
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.
