Logo of Convex FinanceConvex Finance(CVX)
Total Value Locked$573.33m

TVL by Chain

Ethereum$564.91m

Fraxtal$6.25m

Arbitrum$1.9m

Polygon$268,892.28

Key Metrics

Fees (Annualized)$18.67m
Fees 30d$1.16m

Ethereum$1.16m

Fees 7d$658,601

Ethereum$658,601

Fees 24h$77,852

Ethereum$77,852

Cumulative Fees$371.7m

Ethereum$371.7m

Revenue (Annualized)$18.03m
Revenue 30d$855,655

Ethereum$855,655

Revenue 7d$357,903

Ethereum$357,903

Revenue 24h$17,743

Ethereum$17,743

Cumulative Revenue$259.54m

Ethereum$259.54m

Holders Revenue (Annualized)$17.74m
Holders Revenue 30d$848,949

Ethereum$848,949

Holders Revenue 7d$351,197

Ethereum$351,197

Holders Revenue 24h$17,743

Ethereum$17,743

Cumulative Holders Revenue$258.83m

Ethereum$258.83m

Incentives 1y$2.4m

$76,430.02

$1,857.59

$39.95

$970.19m

Earnings (Annualized)$15.63m

$779,224.98

$356,045.41

$17,703.05

-$710.66m

Market Cap$206.1m

$CVX Price$2.21

All Time High$60.09

All Time Low$1.04

View $CVX token page

$221.12m

$214.11m

$CVX Volume 24h$8.13m

CEX Volume$5.25m

DEX Volume$3.15m(38.75% of total)

Staked$118.1m(57.3% of mcap)

$CVX Liquidity$24.25m

Curve DEX$22.63m

Uniswap V3$1.11m

SushiSwap$509,566

Treasury$17.9m

$879,457.19

Stablecoins$2.62m

Own Tokens$13.99m

Others$400,845.21

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 APY7.15%

User Activity

Active Addresses (24h)42

New Addresses (24h)11

Transactions (24h)48

Gas Used (24h)0.02 ETH

Gas Cost (24h)$46.79

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 $573.33m in total value locked. TVL has increased 20.1% over the past 30 days.

What chains does Convex Finance operate on?

Convex Finance operates on 4 chains: Ethereum, Polygon, Fraxtal, and Arbitrum. 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 $1.16m in fees. Of that, $855,655 was protocol revenue. Based on the trailing year, the annualized rate is $18.67m in fees and $18.03m in revenue.

What is the CVX token price and valuation?

CVX is currently trading at $2.21. Its circulating market capitalization is $206.1m, ranking it #242. Its fully diluted valuation is $221.12m. Supply currently stands at 93.19m circulating, 99.99m total supply, 100m maximum supply.

How has CVX performed recently?

CVX is up 42.6% over the past 7 days and up 66.5% 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 $4.636b across 584 protocols, and Convex Finance accounts for 12.4% of that total. Other leading protocols include Stake DAO, Aura, Napier, Toros, Sushi BentoBox, VaultCraft, Surf Liquid, Adamant Finance, Volmex, and iZUMi LiquidBox.

How many yield pools does Convex Finance have?

DefiLlama tracks 193 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 $17.9m. Its holdings include $2.62m in stablecoins, $879,457.19 in major assets, $13.99m in its own tokens, $400,845.21 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.