Convex Finance Coin Price & Market Data
Convex Finance price today is $10.68 with a 24-hour trading volume of $12,343,868. CVX price is up 4.6% in the last 24 hours. It has a circulating supply of 26 Million CVX coins and a total supply of 67.5 Million. If you are looking to buy or sell Convex Finance, Sushiswap is currently the most active exchange.
Convex is a protocol that simplifies Curve boosting experience in order to maximize yields. Convex allows Curve liquidity providers to earn trading fees and claim boosted CRV without locking CRV themselves. Liquidity providers can receive boosted CRV and liquidity mining rewards with minimal effort.
If you would like to stake CRV, Convex lets users receive trading fees as well as a share of boosted CRV received by liquidity providers. This allows for a better balance between liquidity providers and CRV stakers as well as better capital efficiency.
Curve liquidity providers can deposit their LP tokens into Convex to maximize their CRV earnings with a more efficient boost.
Curve DAO token stakers will be able to earn additional boosted CRV and CVX tokens through the protocol.