coin_name

Convex Finance Price in India (CVX)

₹0

arrow_icon

NaN%

1D

1W

1M

6M

1Y

ALL

1D

1W

1M

6M

1Y

ALL

CVX to INR Converter

As per last price at 00:00:00, 01/01/70

INR

CVX

TRADE CVX NOW

chevron_right_black

CVX Performance

24H Low

-

24H High

-

Price Change 24H

-%

Price Change 7D

-%

CVX Market Information

Popularity

-

Market Cap

-

24H Volume

-

Circulation Supply

-

CVX Price Today

The live price of Convex Finance is ₹ 0 per (CVX / INR) with a current market cap of INR. 24-hour trading volume is ₹ INR. CVX to INR price is updated in real-time. Convex Finance is +0% in the last 24 hours with a circulating supply of .

About Convex Finance (CVX)

What is Convex Finance (CVX)?

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.

Who founded Convex Finance (CVX)?

Convex Finance was founded in May 2021 by a pseudonymous founder/founders who goes by the name ‘C2tp.’

Primary features of Convex Finance (CVX)

• 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.

Is CVX a promising cryptocurrency?

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.

How do I use 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.

Pros & Cons of Convex Finance (CVX)

Pros

• 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.

Cons

• 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.

How to trade in Convex Finance (CVX) on CoinSwitch?

• 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.

Convex Finance (CVX) ICO summary

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. 

Bitcoin Resources

1. How do I buy Convex Finance?

chevron_down

To buy Convex Finance, do the following steps:

Step 1:

Sign in to your CoinSwitch app using your registered mobile number. Enter the OTP sent to your phone, then input your CoinSwitch PIN to access your account.

If you don't have an account, click here to register: new account.

Step 2:

After logging in, you'll find your CoinSwitch dashboard. Look at the top right corner for a search icon. Use it to find Convex Finance.

Step 3:

Once you find Convex Finance and are ready to buy, click on the Buy button at the bottom of the screen and follow the instructions to make your purchase.

2. What is the price of Convex Finance?

chevron_down

The price of 1 Convex Finance is ₹0.

Note: Convex Finance prices are subject to change in the future based on market trends.

3. What is the price of Convex Finance today?

chevron_down

The current price of 1 Convex Finance is ₹0.

Note: Convex Finance prices are subject to change in the future based on market trends.

4. Can I buy Convex Finance for ₹100?

chevron_down
Yes! You can buy Convex Finance for as low as ₹100 on the CoinSwitch app.

5. How much is 1 Convex Finance in rupees?

chevron_down
The current value of 1 CVX is ₹0.

6. What is the current trend in Convex Finance?

chevron_down
CVX has been NaN% in the last 24 hours.

Related Articles

article

Income Tax Slabs Rate FY 2023-2024 (AY 2024-25)

Simply put, income tax is levied by the central government on the income earned by individuals and businesses in a financial year.

article

10 Cheapest Cryptocurrencies To Invest in India

The crypto market is not just about Bitcoin and Ethereum. There are numerous crypto projects that have strong growth potential and have been known to give investors good returns.

article

Spot Trading vs. Futures Trading in Crypto: How Are They Different?

In crypto trading, traders use two popular methods—spot trading and futures trading. Both methods have their characteristics and benefits but they also come with risks.

article

Bitcoin Price Prediction & Forecast 2024-2050

Bitcoin, the first decentralized crypto, operates as a digital and decentralized form of currency. It enables peer-to-peer transactions without the need for intermediaries like banks or financial institutions.

CVX to INR Converter

As per last price at 00:00:00, 01/01/70

INR

CVX

TRADE CVX NOW

chevron_right_black
price_banner