Logo of Convex FinanceConvex Finance(CVX)
Total Value Locked$476.6m

TVL by Chain

Ethereum$468.83m

Fraxtal$5.8m

Arbitrum$1.74m

Polygon$232,413.08

Key Metrics

Fees (Annualized)$19.33m
Fees 30d$807,909

Ethereum$807,909

Fees 7d$124,182

Ethereum$124,182

Fees 24h$323,257

Ethereum$323,257

Cumulative Fees$371.42m

Ethereum$371.42m

Revenue (Annualized)$18.91m
Revenue 30d$753,652

Ethereum$753,652

Revenue 7d$76,061

Ethereum$76,061

Revenue 24h$276,619

Ethereum$276,619

Cumulative Revenue$259.47m

Ethereum$259.47m

Holders Revenue (Annualized)$18.62m
Holders Revenue 30d$747,101

Ethereum$747,101

Holders Revenue 7d$76,061

Ethereum$76,061

Holders Revenue 24h$276,619

Ethereum$276,619

Cumulative Holders Revenue$258.77m

Ethereum$258.77m

Incentives 1y$2.4m

$76,132.55

$1,930.22

$23

$970.19m

Earnings (Annualized)$16.51m

$677,519.45

$74,130.78

$276,596

-$710.72m

Market Cap$139.75m

$CVX Price$1.5

All Time High$60.09

All Time Low$1.04

View $CVX token page

$149.93m

$145.3m

$CVX Volume 24h$4.79m

CEX Volume$2.62m

DEX Volume$2.32m(48.51% of total)

Staked$79.01m(56.53% of mcap)

$CVX Liquidity$24.25m

Curve DEX$22.63m

Uniswap V3$1.11m

SushiSwap$509,566

Treasury$12.44m

$672,605.07

Stablecoins$1.9m

Own Tokens$9.54m

Others$328,168.17

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 Tracked193

Average Supply APY6.07%

User Activity

Active Addresses (24h)33

New Addresses (24h)0

Transactions (24h)40

Gas Used (24h)0.01 ETH

Gas Cost (24h)$13.19

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?

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

What is Convex Finance's TVL?

Convex Finance currently has $476.6m in total value locked. TVL has decreased 3.6% over the past 30 days.

What chains does Convex Finance operate on?

Convex Finance operates on 4 chains: Ethereum, Polygon, Arbitrum, and Fraxtal. Ethereum holds the largest share at 98.4%.

How much has Convex Finance generated in fees and revenue?

Over the past 30 days, Convex Finance generated $807,909 in fees. Of that, $753,652 was protocol revenue. Based on the trailing year, the annualized rate is $19.33m in fees and $18.91m in revenue.

What is the CVX token price and valuation?

CVX is currently trading at $1.5. Its circulating market capitalization is $139.75m, ranking it #280. Its fully diluted valuation is $149.93m. Supply currently stands at 93.19m circulating, 99.99m total supply, 100m maximum supply.

How has CVX performed recently?

CVX is down 12.7% over the past 7 days and up 23.9% over the past 30 days. Its all-time high is $60.09, reached on Jan 1, 2022. The token is currently 97.5% 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 $4.379b across 560 protocols, and Convex Finance accounts for 10.9% of that total. Other leading protocols include Pendle, Spark, and Huma Finance V2.

How many yield pools does Convex Finance have?

DefiLlama tracks 193 Convex Finance yield pools with an average APY of 6.1%.

Does Convex Finance have a treasury?

Convex Finance has a tracked treasury currently valued at $12.44m. Its holdings include $1.9m in stablecoins, $672,605.07 in major assets, $9.54m in its own tokens, $328,168.17 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.