Ask about Convex Finance

Logo of Convex FinanceConvex Finance(CVX)

Total Value Locked$593.22m

TVL by Chain

Ethereum$584.52m

Fraxtal$6.5m

Arbitrum$1.96m

Polygon$240,929

Key Metrics

Fees 30d$2.39m
Fees 30d by chain

Ethereum$2.39m

Fees 7d$411,357

Ethereum$411,357

Fees 24h$34,139

Ethereum$34,139

Cumulative Fees$374.3m

Ethereum$374.3m

Revenue 30d$932,968
Revenue 30d by chain

Ethereum$932,968

Revenue 7d$66,500

Ethereum$66,500

Revenue 24h$5,077

Ethereum$5,077

Cumulative Revenue$260.52m

Ethereum$260.52m

Holders Revenue 30d$919,816
Holders Revenue 30d by chain

Ethereum$919,816

Holders Revenue 7d$59,963

Ethereum$59,963

Holders Revenue 24h$5,077

Ethereum$5,077

Cumulative Holders Revenue$259.8m

Ethereum$259.8m

Incentives 1y$124,027

$9,440

$1,913

$180.67

$879.51m

Earnings (Annualized)$15.73m

$923,528

$64,587

$4,896

-$618.99m

Market Cap$189.62m

$CVX Price$2.03

All Time High$60.09

All Time Low$1.04

View $CVX token page

$203.45m

$197.42m

$CVX Volume 24h$12.74m

CEX Volume$8.04m

DEX Volume$4.63m(36.33% of total)

Staked$107.03m(56.44% of mcap)

Treasury$15.76m

$958,250

Stablecoins$2.31m

Own Tokens$11.9m

Others$591,302

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 the LP share passed through to pool stakers, 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, 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 Tracked190

Average Supply APY6.88%

User Activity

Active Addresses (24h)40

New Addresses (24h)2

Transactions (24h)54

Gas Used (24h)0.02 ETH

Gas Cost (24h)$46.90

Hacks

Date: Jun 24, 2022

Amount: $14,000

Classification: Frontend & Infrastructure

Technique: DNS Hijack

Chains: Ethereum

Target Type: DeFi Protocol

Competitors

Frequently Asked Questions

What is Convex Finance's TVL?

Convex Finance currently has $593.22m in total value locked. TVL has increased 7.2% 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 98.5%.

How much has Convex Finance generated in fees and revenue?

Over the past 30 days, Convex Finance generated $2.39m in fees. Of that, $932,968 was protocol revenue. Based on the trailing year, the annualized rate is $17.98m in fees and $15.85m in revenue.

What is the CVX token price and valuation?

CVX is currently trading at $2.03. Its circulating market capitalization is $189.62m, ranking it #282. Its fully diluted valuation is $203.45m. Supply currently stands at 93.19m circulating, 99.99m total supply, 100m maximum supply.

How has CVX performed recently?

CVX is down 1.4% over the past 7 days and down 8.4% over the past 30 days. Its all-time high is $60.09, reached on Jan 1, 2022. The token is currently 96.6% 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 $4.584b across 578 protocols, and Convex Finance accounts for 12.9% 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 190 Convex Finance yield pools with an average APY of 6.9%.

Does Convex Finance have a treasury?

Convex Finance has a tracked treasury currently valued at $15.76m. Its holdings include $2.31m in stablecoins, $958,250 in major assets, $11.9m in its own tokens, $591,302 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.