Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.05% | 2.99% | 6.70% | 2.09% | 25.01% | 17.05% |
Revenue & Burn
Protocol income
$441.48KBuyback funds
$431.33KBurn funds
--Buyback ratio
97.7%Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Oct 2026 | $441.48K | $431.33K | -- | 97.7% |
| Sep 2026 | $1.21M | $1.17M | -- | 96.8% |
| Aug 2026 | $760.27K | $732.98K | -- | 96.4% |
| Jul 2026 | $556K | $531.54K | -- | 95.6% |
| Jun 2026 | $592.8K | $559.49K | -- | 94.4% |
| May 2026 | $663.48K | $636.82K | -- | 96.0% |
Comparison
Tokenomics
Unlock Progress
Data source: CoinGecko
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| Convex Finance: CVX Locker V2 (b86e) |   CVX | 46,669,623.6 | 46.67% | $91M |
| Convex Finance: Treasury Vault (1bb7) | CVX | 5,943,987.22 | 5.94% | $11.59M |
| Convex Finance: CVX Rewards (9332) | CVX | 5,891,231.67 | 5.89% | $11.48M |
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | HHTXCEX | CVX/USDT | $1.72 | $3,607 | $9,267 | $1,217,201 | 29.23% |
| 2 | PPhemexCEX | CVX/USDT | $1.72 | $17,967 | $18,289 | $496,673 | 11.93% |
| 3 | CVX/USD | $1.72 | $28,996 | $18,232 | $209,566 | 5.03% | |
| 4 | BBingXCEX | CVX/USDT | $1.72 | $16,084 | $43,377 | $84,160 | 2.02% |
| 5 | OOKXCEX | CVX/USDT | $1.72 | $6,047 | $10,323 | $49,000 | 1.18% |
| 6 | CVX/CRV | $1.71 | $3,253 | $3,243 | $23,947 | 0.58% | |
| 7 | CVX/CRV | $1.73 | $5,995 | $5,977 | $15,638 | 0.38% | |
| 8 | CVX/CRV | $1.73 | $5,995 | $5,977 | $15,638 | 0.38% | |
| 9 | BBitgetCEX | CVX/USDT | $1.72 | $7,923 | $7,770 | $15,099 | 0.36% |
| 10 | CVX/USDC | $1.87 | $2,357 | $2,349 | $553 | 0.01% |
Follow Updates
Follow Lists
People
About Convex Finance
Convex Finance is a DeFi meta-protocol built on Curve, acting as a yield and governance aggregator. Its core business lets Curve liquidity providers (LPs) deposit their LP tokens into Convex to earn boosted CRV rewards without needing to lock CRV themselves, while CRV holders can deposit CRV to receive cvxCRV, a liquid tradable receipt. CVX is the protocol's governance token, staked to share in platform fee revenues.
The market pain point it solves is the high barrier of Curve's vote-escrow (veCRV) model, which requires long lockups for maximum rewards and voting power, creating illiquidity and complexity. Convex abstracts this away, offering simplified access to boosted yields and governance influence.
Its core competitive advantage is the concentration of veCRV voting power. By pooling user deposits, Convex controls a significant share of Curve governance, enabling it to direct CRV emissions and earn bribes from other protocols, creating a reflexive flywheel that strengthens its position.
Over the past six months (2026-03-01 to 2026-09-01), Convex has focused on cross-chain expansion. It completed official bridge audits for Optimism and Arbitrum, and is evaluating a zkSync deployment. The protocol also introduced LST (Liquid Staking Token) pools like stETH and rETH, and moved toward a dynamic fee structure. However, TVL remains below $1 billion, and daily active addresses are low, reflecting its institutional-oriented user base. Regulatory uncertainty around CVX's security-like characteristics persists, and the protocol faces competitive pressure from other ve-token aggregators.
Convex Finance launched in May 2021 as a yield optimizer for Curve, allowing users to deposit CRV for cvxCRV while earning boosted rewards without locking. Within months, it accumulated a dominant share of veCRV voting power, becoming the core hub of Curve governance and liquidity direction. In 2022, it expanded to Frax's veFXS system and deployed on Arbitrum, broadening its cross-protocol and cross-chain footprint. A DNS attack in June 2023 compromised its website, but the team swiftly recovered and compensated affected users, highlighting operational resilience. In 2024, Coinbase listed CVX for New York users, marking a regulatory milestone. The community rejected a proposal to reduce PYUSD holdings, demonstrating governance independence. After the CRV liquidation event, CVX emerged as a whale accumulation target, reflecting its perceived value as a leveraged proxy for CRV. These milestones underscore Convex's evolution from a Curve-centric optimizer into a multi-protocol governance layer.
Over the past six months (2026-03-16 to 2026-09-16), Convex Finance moved all governance fully on-chain from July 27, 2026, improving transparency and auditability for CVX holders (cryptoupdate.io). CVX traded around $1.60–$1.80 with a market cap under $200M, ~97% below its ATH; emissions are near the 100M cap, with over 40% of circulating CVX locked as vlCVX (web3wagmi.com). However, Votium bribe revenue continued declining—the latest six rounds totaled $1.15M, down 77.9% YoY—and the next CRV emission cut on 2026-08-12 reduced CRV inflation by 15.9%, pressuring CVX's bribe economics (tokendossier.com).
Winthorpe: Co-founder of Convex Finance, based in San Francisco, crypto investor.
C2tP: Co-founder of Convex Finance.