⌘KTry LlamaAI

Ask about Convex Finance

Convex Finance(CVX)

Total Value Locked$572.36m

TVL by Chain

Ethereum$564.6m

Fraxtal$6.35m

Arbitrum$1.18m

Polygon$235,817

Key Metrics

Fees 30d$2.49m

Fees 30d by chain

Ethereum$2.49m

Fees 7d$427,923

Ethereum$427,923

Fees 24h$338,368

Ethereum$338,368

Cumulative Fees$1.056b

Ethereum$1.056b

Revenue 30d$943,967

Revenue 30d by chain

Ethereum$943,967

Revenue 7d$75,746

Ethereum$75,746

Revenue 24h$308,797

Ethereum$308,797

Cumulative Revenue$181.37m

Ethereum$181.37m

Holders Revenue 30d$894,167

Holders Revenue 30d by chain

Ethereum$894,167

Holders Revenue 7d$60,879

Ethereum$60,879

Holders Revenue 24h$308,096

Ethereum$308,096

Cumulative Holders Revenue$175.72m

Ethereum$175.72m

Incentives 1y$120,317

Incentives 30d$9,896

Incentives 7d$2,350

Incentives 24h$136.22

Cumulative Incentives$879.51m

Earnings (Annualized)$13.27m

Earnings 30d$934,071

Earnings 7d$73,396

Earnings 24h$308,661

Cumulative Earnings-$698.14m

Market Cap$178.71m

$CVX Price$1.92

All Time High$60.09

All Time Low$1.04

View $CVX token page

Fully Diluted Valuation$191.75m

Outstanding FDV$186.72m

$CVX Volume 24h$3.82m

CEX Volume$1.92m

DEX Volume$2.03m(53.04% of total)

Staked$98.96m(55.37% of mcap)

Treasury$15.1m

Majors$914,738

Stablecoins$2.12m

Own Tokens$11.59m

Others$474,732

Protocol Information

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

Website GitHub X/Twitter

Category:Yield

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol Fees: 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.Revenue: Sum of protocol revenue and holders' revenue Holders 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 bribes

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 Tracked188

Average Supply APY5.92%

User Activity

Active Addresses (24h)41

New Addresses (24h)2

Transactions (24h)54

Gas Used (24h)0.01 ETH

Gas Cost (24h)$29.84

Hacks

Date: Jun 24, 2022

Amount: $14,000

Classification: Frontend & Infrastructure

Technique: DNS Hijack

Chains: Ethereum

Target Type: DeFi Protocol

Competitors

Stake DAO Yield ($144.43m)Aura ($10.04m)Napier ($107,685)Toros ($6.51m)Sushi BentoBox ($2.48m)VaultCraft ($546,233)Surf Liquid ($196,646)Adamant Finance ($169,338)Volmex ($131,770)iZUMi LiquidBox ($121,703)

Income statement for Convex Finance

YearlyQuarterlyMonthlyCumulative

	Q4 2026*	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021
Gross Protocol Revenue	$1.14M	$6.41M	$5.89M	$7.71M	$13.71M	$23.1M	$21.55M	$20.29M	$20.85M	$10.57M	$16.84M	$23.26M	$24.39M	$27.26M	$39.13M	$45.05M	$38.15M	$62.36M	$100.85M	$193.11M	$234.78M	$93.68M	$26.37M
CRV Revenue	$823.36K	$4.59M	$4.18M	$5.12M	$8.97M	$17.19M	$15.34M	$15.36M	$14.66M	$8.76M	$15.13M	$20.36M	$20.26M	$23.68M	$34.63M	$39.97M	$32.78M	$55.74M	$84.05M	$166.66M	$205.88M	$88.48M	$26.37M
Others Revenue	$6.47K	$26.41K	$26.54K	$46.09K	$128.23K	$231.61K	$256.24K	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Bribes Rewards	$303.02K	$1.77M	$1.66M	$2.49M	$4.48M	$5.34M	$5.64M	$4.6M	$5.44M	$1.11M	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
FXS Revenue	$3.24K	$18.85K	$26.93K	$47.27K	$137.76K	$345.29K	$317.16K	$331.6K	$753K	$702.23K	$1.71M	$2.9M	$4.13M	$3.58M	$4.5M	$5.08M	$5.37M	$6.62M	$16.8M	$26.45M	$28.89M	$5.2M	$0
Cost of Revenue	$690.74K	$3.85M	$3.51M	$4.32M	$7.63M	$14.69M	$13.12M	$13.15M	$12.96M	$7.92M	$13.96M	$19.54M	$20.62M	$23.12M	$33.05M	$38.44M	$32.91M	$53.44M	$87.4M	$166.45M	$201.83M	$80.06M	$22.41M
CRV Revenue	$683.39K	$3.81M	$3.47M	$4.25M	$7.45M	$14.27M	$12.73M	$12.75M	$12.17M	$7.27M	$12.56M	$16.9M	$16.82M	$19.65M	$28.75M	$33.17M	$27.21M	$46.26M	$69.77M	$138.33M	$170.88M	$73.98M	$22.15M
Harvest Incentives	$4.12K	$22.95K	$20.89K	$25.61K	$44.85K	$85.94K	$76.71K	$76.78K	$73.3K	$43.79K	$75.64K	$101.81K	$101.31K	$118.38K	$173.17K	$211.4K	$327.82K	$557.38K	$840.54K	$1.67M	$2.06M	$884.8K	$262.74K
FXS Revenue	$3.23K	$18.83K	$26.78K	$47.02K	$137.55K	$335.96K	$309.89K	$324.74K	$720.63K	$608.2K	$1.33M	$2.54M	$3.7M	$3.35M	$4.13M	$5.05M	$5.37M	$6.62M	$16.8M	$26.45M	$28.89M	$5.2M	$0
Gross Profit	$445.35K	$2.56M	$2.38M	$3.38M	$6.09M	$8.42M	$8.43M	$7.14M	$7.89M	$2.65M	$2.88M	$3.73M	$3.77M	$4.14M	$6.09M	$6.61M	$5.25M	$8.92M	$13.45M	$26.67M	$32.94M	$13.61M	$3.95M
CRV Revenue	$119.39K	$665.35K	$605.69K	$742.71K	$1.3M	$2.49M	$2.22M	$2.23M	$2.13M	$1.27M	$2.19M	$2.95M	$2.94M	$3.43M	$5.02M	$5.81M	$4.92M	$8.36M	$12.61M	$25M	$30.88M	$13.27M	$3.95M
Others Revenue	$6.47K	$26.41K	$26.54K	$46.09K	$128.23K	$231.61K	$256.24K	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Bribes Revenue	$303.02K	$1.77M	$1.66M	$2.49M	$4.48M	$5.34M	$5.64M	$4.6M	$5.44M	$1.11M	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
CRV Platform Fees To vlCVX	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$23.11K	$327.82K	$557.38K	$840.54K	$1.67M	$2.06M	$341.05K	$0
CRV Treasury Fees	$16.47K	$91.78K	$83.54K	$102.44K	$179.42K	$343.74K	$306.83K	$307.12K	$293.2K	$175.15K	$302.57K	$407.2K	$405.24K	$473.53K	$692.67K	$753.16K	$0	$0	$0	$0	$0	$0	$0
FXS Revenue	$6.19	$21.16	$149.05	$250.14	$208.47	$9.33K	$7.27K	$6.86K	$32.37K	$94.02K	$386.72K	$366.13K	$425.43K	$235.55K	$371.19K	$30.56K	$0	$0	$0	$0	$0	$0	$0
Incentives	$4.62K	$27.11K	$26.23K	$33.23K	$37.34K	$77.22K	$117.19K	$129.67K	$216.71K	$253.28K	$389.37K	$824.21K	$1.05M	$1.6M	$3.13M	$10.18M	$14.46M	$25.76M	$114.79M	$253.53M	$323.77M	$98.24M	$30.86M
MasterChef LP Farming	$0	$32.95	$0	$0.024	$0	$13.25	$0	$0	$0	$0	$0	$0	$117.49	$0	$0	$4.08M	$6.79M	$7.95M	$33.72M	$35.11M	$41.69M	$10.53M	$6.9M
Curve LP Reward Mints	$4.62K	$27.08K	$26.23K	$33.23K	$37.34K	$77.21K	$117.19K	$129.67K	$216.71K	$253.28K	$389.37K	$824.21K	$1.05M	$1.6M	$3.13M	$6.1M	$7.67M	$17.81M	$81.07M	$218.42M	$282.08M	$87.72M	$23.95M
Earnings	$440.73K	$2.53M	$2.35M	$3.35M	$6.05M	$8.34M	$8.31M	$7.01M	$7.67M	$2.4M	$2.49M	$2.9M	$2.72M	$2.54M	$2.95M	-$3.56M	-$9.21M	-$16.84M	-$101.34M	-$226.87M	-$290.83M	-$84.63M	-$26.9M
Token Holder Net Income	$422.41K	$2.44M	$2.27M	$3.23M	$5.78M	$7.84M	$7.87M	$6.83M	$7.59M	$2.47M	$2.58M	$3.32M	$3.36M	$3.67M	$5.39M	$5.86M	$5.25M	$8.92M	$13.45M	$26.67M	$32.94M	$13.61M	$3.95M
CRV Revenue	$119.39K	$665.35K	$605.69K	$742.71K	$1.3M	$2.49M	$2.22M	$2.23M	$2.13M	$1.27M	$2.19M	$2.95M	$2.94M	$3.43M	$5.02M	$5.81M	$4.92M	$8.36M	$12.61M	$25M	$30.88M	$13.27M	$3.95M
Bribes Revenue	$303.02K	$1.77M	$1.66M	$2.49M	$4.48M	$5.34M	$5.64M	$4.6M	$5.44M	$1.11M	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
CRV Platform Fees To vlCVX	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$23.11K	$327.82K	$557.38K	$840.54K	$1.67M	$2.06M	$341.05K	$0
FXS Revenue	$6.19	$21.16	$149.05	$250.14	$208.47	$9.33K	$7.27K	$6.86K	$32.37K	$94.02K	$386.72K	$366.13K	$425.43K	$235.55K	$371.19K	$30.56K	$0	$0	$0	$0	$0	$0	$0

Income flow visualization

YearlyQuarterlyMonthlyCumulative

Frequently asked questions

What is Convex Finance's TVL?

Convex Finance currently has $572.36m in total value locked. TVL has decreased 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 98.6%.

How much has Convex Finance generated in fees and revenue?

Over the past 30 days, Convex Finance generated $2.49m in fees. Of that, $943,967 was protocol revenue. Based on the trailing year, the annualized rate is $31.74m in fees and $13.39m in revenue.

What is the CVX token price and valuation?

CVX is currently trading at $1.88. Its circulating market capitalization is $174.98m, ranking it #290. Its fully diluted valuation is $187.75m. Supply currently stands at 93.19m circulating, 100m total supply, 100m maximum supply.

How has CVX performed recently?

CVX is down 8.7% over the past 7 days and down 5.1% over the past 30 days. Its all-time high is $60.09, reached on Jan 1, 2022. The token is currently 96.9% 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 $4.949b across 569 protocols, and Convex Finance accounts for 11.6% 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 188 Convex Finance yield pools with an average APY of 5.9%.

Does Convex Finance have a treasury?

Convex Finance has a tracked treasury currently valued at $15.1m. Its holdings include $2.12m in stablecoins, $914,738 in major assets, $11.59m in its own tokens, $474,732 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.