Ask about Convex Finance · freeTotal Value Locked$568.64m
TVL by Chain
Ethereum$561.08m
Fraxtal$6.17m
Arbitrum$1.16m
Polygon$235,823
Key Metrics
Fees 30d$2.44m
Fees 30d by chain
Ethereum$2.44m
Fees 7d$709,974
Ethereum$709,974
Fees 24h$28,259
Ethereum$28,259
Cumulative Fees$1.057b
Ethereum$1.057b
Revenue 30d$937,300
Revenue 30d by chain
Ethereum$937,300
Revenue 7d$375,303
Ethereum$375,303
Revenue 24h$4,663
Ethereum$4,663
Cumulative Revenue$181.4m
Ethereum$181.4m
Holders Revenue 30d$888,484
Holders Revenue 30d by chain
Ethereum$888,484
Holders Revenue 7d$360,853
Ethereum$360,853
Holders Revenue 24h$4,098
Ethereum$4,098
Cumulative Holders Revenue$175.75m
Ethereum$175.75m
Incentives 1y$127,608
Incentives 30d$17,777
Incentives 7d$10,166
Incentives 24h$0
Cumulative Incentives$879.52m
Earnings (Annualized)$12.83m
Earnings 30d$919,523
Earnings 7d$365,137
Earnings 24h$4,663
Cumulative Earnings-$698.12m
Market Cap$181.99m
$CVX Price$1.95
Fully Diluted Valuation$195.28m
Outstanding FDV$189.65m
$CVX Volume 24h$7.44m
CEX Volume$4.78m
DEX Volume$3.25m(43.67% of total)
Staked$102.35m(56.24% of mcap)
Treasury$15.18m
Majors$888,199
Stablecoins$2.1m
Own Tokens$11.71m
Others$476,275
Protocol Information
Convex simplifies your Curve-boosting experience to maximize your yields.
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 GitHubIncentives: 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 protocolYields
Pools Tracked186
Average Supply APY6.16%
User Activity
Active Addresses (24h)38
New Addresses (24h)7
Transactions (24h)53
Gas Used (24h)0.01 ETH
Gas Cost (24h)$24.93
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 18, 2026.
All-time high TVL: $21.167b on Jan 5, 2022. All-time low TVL: $68.88m on May 17, 2021.
Daily TVL, Sep 19, 2026 to Oct 18, 2026
| Date | TVL |
|---|---|
| Sep 19, 2026 | $594.01m |
| Sep 20, 2026 | $595m |
| 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 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| 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 18, 2026 (latest) | $574.05m |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| 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
| Month | Fees | Revenue | Holders 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) | $1.32m | $475,663 | $449,050 |
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 18, 2026, Convex Finance has $568.64m 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 $2.44m in fees. Of that, $937,300 was protocol revenue. Based on the trailing year, the annualized rate is $31.14m in fees and $12.96m in revenue.
What is the CVX token price and valuation?
CVX is currently trading at $1.95. Its circulating market capitalization is $181.99m, ranking it #278. Its fully diluted valuation is $195.28m. Supply currently stands at 93.19m circulating, 100m total supply, 100m maximum supply.
How has CVX performed recently?
CVX is down 5.8% over the past 7 days and up 0.8% over the past 30 days. Its all-time high is $60.09, reached on Jan 1, 2022. The token is currently 96.8% 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 $4.745b across 569 protocols, and Convex Finance accounts for 12% of that total. Other leading protocols include Stake DAO Yield, Aura, Napier, Toros, Sushi BentoBox, VaultCraft, Surf Liquid, Adamant Finance, Volmex, and iZUMi LiquidBox.
How many yield pools does Convex Finance have?
DefiLlama tracks 186 Convex Finance yield pools with an average APY of 6.2%.
Does Convex Finance have a treasury?
Convex Finance has a tracked treasury currently valued at $15.18m. Its holdings include $2.1m in stablecoins, $888,199 in major assets, $11.71m in its own tokens, $476,275 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.