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Convex Finance CVX |
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£1.79 |
2.46 % (24h) |
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Marketcap |
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£172,527,446 |
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Volume 24h |
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£10,254,866 |
Description
Convex Finance (CVX) is a decentralized finance (DeFi) protocol that optimizes yield farming strategies on the Curve Finance platform. Launched in 2021, Convex allows users to earn additional rewards by providing liquidity and participating in governance without locking up their assets. CVX, the platform's native token, is used for governance, staking, and fee distributions. Convex Finance aims to maximize the returns for liquidity providers and create a more efficient and rewarding DeFi ecosystem.