Convex Finance (CVX)

€ 5,04

-3,57 % € -0,18

Convex Finance Price in Euros

(CVX to EUR)

€ 5,04

Convex Finance Volume

(24h)

€ 7.93 M

Market Cap

(Convex Finance)

€339.79 M
BTC

What is Convex Finance

Convex Finance (CVX) is a DeFi protocol built on Curve Finance (CRV). This means that both technologies work closely together. Convex Finance ensures that all liquidity providers (LPs) and stakers of the CRV token are rewarded. This therefore makes Convex Finance an important protocol for generating yield over CRV tokens. In fact, it provides an additional boost over the yields you could generate from Curve Finance.

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How does Convex Finance work?

The success of Convex Finance is mainly in the simplicity of the protocol. You can use Convex Finance incredibly easily, quickly and simply. The protocol is only made for owners of the CRV tokens (of Curve Finance) and liquidity providers of this platform. Anyone could start using Convex Finance by simply navigating to the platform and linking a wallet.

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How to buy Convex Finance?

How to buy CVX? To easily buy CVX, you have already found the right page. Select your desired purchase amount in euros in the buy window. It will automatically show you how many coins you will receive for the amount you selected.

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How to buy Convex Finance?

How to buy CVX? To easily buy CVX, you have already found the right page. Select your desired purchase amount in euros in the buy window. It will automatically show you how many coins you will receive for the amount you selected. Hit the ‘buy’ button and confirm your purchase by selecting one of our nine payment methods, among which iDEAL, Bancontact, Giropay and SEPA. For a step by step tutorial, please watch this video: How to buy cryptocurrencies on Coinmerce.

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About Convex Finance

Convex Finance (CVX) is a DeFi protocol built on Curve Finance (CRV). This means that both technologies work closely together. Convex Finance ensures that all liquidity providers (LPs) and stakers of the CRV token are rewarded. This therefore makes Convex Finance an important protocol for generating yield over CRV tokens. In fact, it provides an additional boost over the yields you could generate from Curve Finance.

The success of Convex Finance is mainly in the simplicity of the protocol. You can use Convex Finance incredibly easily, quickly and simply. The protocol is only made for owners of the CRV tokens (of Curve Finance) and liquidity providers of this platform. Anyone could start using Convex Finance by simply navigating to the platform and linking a wallet.

The CVX token from Convex Finance is a utility token used for staking. You then receive a portion of the transaction fees that users pay with the CVX tokens. The more CVX you deploy for staking, the higher the revenue you will be able to receive. Thus, Convex Finance is an ideal protocol to use when you are eager to make money over the crypto coins you already own.

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Video Video
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Founder Ricardo Rosales
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Founded 2021
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Website Website
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Network CRV
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Rank 99
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Market Cap 339.79 M
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Trading volume 7.93 M
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Maximum coins 100 M
euro
Circulating 67.68 M
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Twitter Twitter
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Medium Medium