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Convex Finance

Convex Finance

Boosting CRV Rewards for Curve Liquidity Providers

Launch Year
2021
Consensus
Proof of Stake
Max Supply
100,000,000 CVX
Block Time
~12 seconds
CVX
CVX
Convex Finance
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap CVX Now
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Convex Finance Price Chart

CVX / USD
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About Convex Finance

Convex Finance (CVX) is a DeFi protocol that allows Curve Finance (CRV) liquidity providers and CRV stakers to maximize their yields without needing to lock CRV as veCRV. By pooling veCRV, Convex boosts CRV rewards for depositors and distributes those boosted yields plus CVX token emissions. CVX holders can lock tokens as vlCVX to vote on Curve gauge weights — a powerful governance position known as the 'Curve Wars' because controlling Convex means controlling where billions in CRV emissions flow. Convex accumulated the single largest veCRV position, making it central to Curve's governance and yield ecosystem.

History

2021
Convex Finance launches and quickly accumulates the largest veCRV position; 'Curve Wars' begin.
2021
Convex grows to over $15 billion TVL; vlCVX voters determine Curve gauge weights for hundreds of pools.
2022
Votium bribe marketplace emerges for CVX voters; protocols pay CVX holders to direct CRV emissions their way.
2023
Convex expands to support FXS (Frax) staking, becoming a multi-protocol booster platform.
2024
Convex maintains dominant position in Curve ecosystem; continues as primary CRV yield optimization layer.

How to Swap CVX

Exchanging Convex Finance (CVX) on SyntheticSwap is straightforward and requires no registration or identity verification. CVX is an ERC-20 token built on Ethereum, so you can use MetaMask, Coinbase Wallet, Trust Wallet, or any other Ethereum-compatible wallet to send and receive it. Select CVX in the SyntheticSwap interface, choose your destination coin, enter a receiving address, and confirm the rate. Your swap processes automatically — the destination token arrives in your wallet once the Ethereum transaction is confirmed.

How to Store CVX

CVX (ERC-20) is stored in MetaMask, Ledger, Trust Wallet, or any Ethereum wallet. For locking CVX as vlCVX to vote on Curve gauges and earn bribes, visit the Convex app at convexfinance.com.

Frequently Asked Questions