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.
Where is Convex Finance available for purchase?
You can exchange CVX tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Convex Finance is HTX, notably the CVX/USDT pair, which saw a trading volume of $ 7,94 MLN. in the past day. Additionally, Binance and Coinbase Exchange are popular alternatives for trading tokens.
What is the highest value Convex Finance (CVX) has ever reached?
Convex Finance (CVX) reached its peak price at 60.09 $ on 01 January 2022, approximately 4 years ago ago. Presently, the current price is -93.14% lower than this all-time high.
What is the historical minimum price for Convex Finance (CVX)?
The minimum price reached for Convex Finance (CVX) was 1.44 $, documented on 04 November 2024, more than 9 months ago. In comparison, the current price is 186.11%, it above this historical low.
What is the fully diluted valuation of Convex Finance (CVX)?
The fully diluted valuation (FDV) of Convex Finance (CVX) stands at $ 439,20 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 100,000,000 CVX tokens. The realization of this FDV might take several years depending on the emission schedule of CVX tokens.
How to add Convex Finance (CVX) to MetaMask?
By integrating Convex Finance (CVX) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import CVX as a token. You can either manually import CVX by copying its contract address (0x4e3fbd56cd56c3e72c1403e103b45db9da5b9d2b) or use MetaMask's Chrome extension to add CVX with a single click through P.CASH.
How to add Convex Finance (CVX) to TrustWallet?
Incorporating Convex Finance (CVX) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include CVX, you can either manually import it using the contract address (0x4e3fbd56cd56c3e72c1403e103b45db9da5b9d2b) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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