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Convex Finance(CVX)

Total Value Locked$589.3m

TVL by Chain

Ethereum$581.65m

Fraxtal$6.23m

Arbitrum$1.18m

Polygon$250,845

Key Metrics

Fees 30d$2.43m
Fees 30d by chain

Ethereum$2.43m

Fees 7d$713,526

Ethereum$713,526

Fees 24h$139,261

Ethereum$139,261

Cumulative Fees$1.057b

Ethereum$1.057b

Revenue 30d$936,149
Revenue 30d by chain

Ethereum$936,149

Revenue 7d$371,034

Ethereum$371,034

Revenue 24h$23,528

Ethereum$23,528

Cumulative Revenue$181.44m

Ethereum$181.44m

Holders Revenue 30d$887,550
Holders Revenue 30d by chain

Ethereum$887,550

Holders Revenue 7d$362,868

Ethereum$362,868

Holders Revenue 24h$20,756

Ethereum$20,756

Cumulative Holders Revenue$175.78m

Ethereum$175.78m

Incentives 1y$126,951

Incentives 30d$17,341

Incentives 7d$9,538

Incentives 24h$0

Cumulative Incentives$879.52m

Earnings (Annualized)$12.8m

Earnings 30d$918,808

Earnings 7d$361,496

Earnings 24h$23,528

Cumulative Earnings-$698.08m

Market Cap$205.32m

$CVX Price$2.20

All Time High$60.09

All Time Low$1.04

View $CVX token page

Fully Diluted Valuation$220.31m

Outstanding FDV$213.97m

$CVX Volume 24h$11.89m

CEX Volume$7.36m

DEX Volume$5.01m(42.15% of total)

Staked$116.44m(56.71% of mcap)

Treasury$17.02m

Majors$900,524

Stablecoins$2.28m

Own Tokens$13.36m

Others$480,888

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Protocol Information

Convex simplifies your Curve-boosting experience to maximize your yields.

Category:Yield

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All CRV and FXS harvested through Convex: the protocol's own fee take (cvxCRV/cvxFXS stakers and CVX lockers) plus LP rewards, harvest incentives and treasury fees, plus reUSD locker revenue and Votium bribes.View code on GitHubRevenue: Sum of protocol revenue and holders' revenueView code on GitHubHolders Revenue: CRV/CVX/FXS flowing to CVX lockers and cvxCRV/cvxFXS stakers, the CRV platform fee sent to vlCVX lockers before 2023-01-09, plus Votium bribesView code on GitHub

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Treasury: Value of tokens owned by the protocol

Yields

Pools Tracked186

Average Supply APY7.1%

User Activity

Active Addresses (24h)26

New Addresses (24h)3

Transactions (24h)28

Gas Used (24h)0 ETH

Gas Cost (24h)$9.39

Hacks

Date: Jun 24, 2022

Amount: $14,000

Classification: Frontend & Infrastructure

Technique: DNS Hijack

Chains: Ethereum

Target Type: DeFi Protocol

Competitors

Convex Finance history

TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from May 17, 2021 to Oct 20, 2026.

All-time high TVL: $21.167b on Jan 5, 2022. All-time low TVL: $68.88m on May 17, 2021.

Daily TVL, Sep 21, 2026 to Oct 20, 2026

DateTVL
Sep 21, 2026$600.13m
Sep 22, 2026$618.6m
Sep 23, 2026$612.34m
Sep 24, 2026$590.68m
Sep 25, 2026$600.36m
Sep 26, 2026$605.43m
Sep 27, 2026$602.02m
Sep 28, 2026$603.85m
Sep 29, 2026$614.7m
Sep 30, 2026$614.36m
Oct 1, 2026$623.54m
Oct 2, 2026$619.03m
Oct 3, 2026$612.33m
Oct 4, 2026$620.25m
Oct 5, 2026$622.25m
Oct 6, 2026$617.66m
Oct 7, 2026$613.29m
Oct 8, 2026$615.52m
Oct 9, 2026$582.54m
Oct 10, 2026$586.08m
Oct 11, 2026$586.36m
Oct 12, 2026$595.66m
Oct 13, 2026$577.97m
Oct 14, 2026$577.86m
Oct 15, 2026$567.66m
Oct 16, 2026$577.7m
Oct 17, 2026$577.8m
Oct 18, 2026$574.05m
Oct 19, 2026$577.71m
Oct 20, 2026$579.94m

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
Nov 30, 2024$1.103b
Dec 31, 2024$1.235b
Jan 31, 2025$1.307b
Feb 28, 2025$843.58m
Mar 31, 2025$824.49m
Apr 30, 2025$996.33m
May 31, 2025$1.142b
Jun 30, 2025$1.044b
Jul 31, 2025$1.446b
Aug 31, 2025$1.362b
Sep 30, 2025$1.12b
Oct 31, 2025$974.76m
Nov 30, 2025$946.37m
Dec 31, 2025$919.96m
Jan 31, 2026$849.16m
Feb 28, 2026$697.18m
Mar 31, 2026$643.31m
Apr 30, 2026$602.44m
May 31, 2026$554.83m
Jun 30, 2026$463.65m
Jul 31, 2026$468.49m
Aug 31, 2026$544.66m
Sep 30, 2026$614.36m
Oct 20, 2026 (latest)$579.94m

TVL at each year end, Dec 31, 2021 to Dec 31, 2025

DateTVL
Dec 31, 2021$19.189b
Dec 31, 2022$3.001b
Dec 31, 2023$1.857b
Dec 31, 2024$1.235b
Dec 31, 2025$919.96m

Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026

MonthFeesRevenueHolders revenue
Nov 2024$4.63m$1.84m$1.78m
Dec 2024$11.93m$3.97m$3.79m
Jan 2025$9.74m$3.48m$3.33m
Feb 2025$5.46m$2.02m$1.94m
Mar 2025$5.09m$1.64m$1.56m
Apr 2025$7.05m$2.99m$2.89m
May 2025$7.66m$2.71m$2.6m
Jun 2025$6.84m$2.73m$2.38m
Jul 2025$7.91m$2.81m$2.58m
Aug 2025$8.54m$3.02m$2.83m
Sep 2025$6.65m$2.59m$2.43m
Oct 2025$6.28m$3.01m$2.88m
Nov 2025$4.06m$1.8m$1.7m
Dec 2025$3.37m$1.28m$1.2m
Jan 2026$3.57m$1.57m$1.51m
Feb 2026$2.14m$1.03m$984,624
Mar 2026$1.99m$777,760$742,280
Apr 2026$2.21m$1.1m$1.07m
May 2026$1.95m$673,731$636,827
Jun 2026$1.74m$599,929$559,491
Jul 2026$1.64m$563,785$531,548
Aug 2026$2.03m$769,746$732,983
Sep 2026$2.74m$1.22m$1.18m
Oct 2026 (to date)$1.53m$510,588$479,901

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/convex-finance

Frequently asked questions

What is Convex Finance's TVL?

As of Oct 20, 2026, Convex Finance has $589.3m in total value locked. TVL has decreased 1% over the past 30 days.

What chains does Convex Finance operate on?

Convex Finance operates on 4 chains: Ethereum, Fraxtal, Arbitrum, and Polygon. Ethereum holds the largest share at 98.7%.

How much has Convex Finance generated in fees and revenue?

Over the past 30 days, Convex Finance generated $2.43m in fees. Of that, $936,149 was protocol revenue. Based on the trailing year, the annualized rate is $30.97m in fees and $12.93m in revenue.

What is the CVX token price and valuation?

CVX is currently trading at $2.20. Its circulating market capitalization is $205.32m, ranking it #265. Its fully diluted valuation is $220.31m. Supply currently stands at 93.19m circulating, 100m total supply, 100m maximum supply.

How has CVX performed recently?

CVX is up 14.1% over the past 7 days and up 12.1% over the past 30 days. Its all-time high is $60.09, reached on Jan 1, 2022. The token is currently 96.3% below that level.

How does Convex Finance's TVL compare to similar protocols?

Among Yield protocols tracked by DefiLlama, Convex Finance ranks #3 by TVL. The category holds $4.763b across 566 protocols, and Convex Finance accounts for 12.4% of that total. Similar protocols include Stake DAO Yield, Aura, Napier, Toros, Sushi BentoBox, VaultCraft, Surf Liquid, Adamant Finance, Volmex, and Resonate Finance.

How many yield pools does Convex Finance have?

DefiLlama tracks 186 Convex Finance yield pools with an average APY of 7.1%.

Does Convex Finance have a treasury?

Convex Finance has a tracked treasury currently valued at $17.02m. Its holdings include $2.28m in stablecoins, $900,524 in major assets, $13.36m in its own tokens, $480,888 in other assets.

Has Convex Finance ever been exploited?

Convex Finance has 1 recorded security incident. The most recent incident occurred on Jun 24, 2022 and involved $14,000. It was classified as Frontend & Infrastructure.