12/21/2024
BTC96,913.0
ETH3,911.51
USDT0.9999
XRP2.43
SOL225.51
BNB659.88
DOGE0.31367
USDC1.001
BUSD0.994955

Convex Finance (CVX) Price

CVX
4,3
$4.43
Market cap
363,756,652.0
Total volume
43,540,732
Circulating supply
81,990,703
Total supply
99,811,217
Convex revolutionizes the Curve boosting process, enhancing yield maximization effortlessly. This platform enables Curve liquidity providers to accrue trading fees and access enhanced CRV rewards without the need for direct CRV lock-ups. This convenience means liquidity providers can enjoy elevated CRV rewards and liquidity mining incentives with little to no hassle.
For those inclined to stake CRV, Convex offers a pathway to not only earn trading fees but also to share in the amplified CRV rewards distributed to liquidity providers. This structure fosters a more equitable distribution between liquidity providers and CRV stakers, leading to improved capital utilization.

By depositing LP tokens into Convex, Curve liquidity providers can elevate their CRV returns through an optimized boosting mechanism.

Additionally, stakers of Curve DAO tokens will have the opportunity to secure extra boosted CRV and CVX tokens via the platform.

How useful is this article for you?
Thank you for your review!

Converters CVX