What Convex Finance governs
Convex Finance (CVX) is a DeFi protocol governance token, currently ranked 166th by market capitalization among the assets we track. Convex Finance is the governance token of a DeFi protocol: holding it is less like owning a currency and more like owning a vote over how the protocol runs — and, in some designs, a share of the fees it collects.
Convex Finance (CVX) is a platform built on the Ethereum blockchain that allows users to earn rewards by providing liquidity to Curve Finance and participating in their tokenomics. It enhances Curve users' yields while facilitating governance through the CVX token.
How value is supposed to accrue
Usage drives everything here: more deposits and more volume mean more fees, and the token's value depends on whether those fees flow back to CVX rather than evaporating to liquidity providers alone.
Background & fundamentals
In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20) and Solana (SOL) Token.
Where Convex Finance sits in the market
With CVX near $1.28, Convex Finance carries a market capitalization of $105.34M. Around $6.01M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 5.71% of the float — a healthy level of activity for an asset this size.
Convex Finance carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. CVX remains -98% beneath its all-time high of $60.51, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Across timeframes, CVX shows 24-hour +6.97%, 7-day +17.72%, 30-day -12.60%, 1-year -44.97%. Within its stored 365-day daily history, CVX mounted a low-to-high run of roughly 175% at its strongest stretch.
Volatility profile
Recent action puts Convex Finance in the High-volatility band — it has been actively trading, with daily moves that would be unusual in traditional equities. Over the last 30 days the move totals -12.60%, a useful input for stop placement and position sizing.
How to evaluate a DeFi token like Convex Finance
A grounded read on CVX comes down to three questions:
- Protocol revenue — fees the application actually earns, and whether any of it reaches CVX holders.
- Total value locked — how much capital trusts the protocol — and how sticky it is versus mercenary yield.
- Token utility — whether CVX is load-bearing (governance over real value, fee rights) or decorative.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
