Convex Finance (CVX)
Details about Convex Finance cryptocurrency
€273,792,666 ( -14.8732%)
€10,264,200
99,477,739
81,990,704
46.016
Unknown
https://www.convexfinance.com/
@convexfinance
4336x
€14482
Convex Finance price charts
CVX exchanges
Convex Finance, the crypto
Convex Finance (CVX) is a decentralized finance (DeFi) platform built on the Ethereum blockchain. It is designed to optimize yield farming by letting users earn more rewards by staking their tokens in Curve pools. The platform aims to enable users to reduce gas fees and increase their earnings by reducing the number of transactions required when interacting with Curve's pool.
The point
The main point of Convex Finance is to optimize yield farming on Curve. It aims to simplify the process of interacting with Curve's pool and help users get more rewards by reducing gas fees and the number of transactions required to stake their tokens. Its goal is to make yield farming more accessible and profitable for all users.
The problem
Convex Finance (CVX) tries to solve the problem of gas fees and complexity of yield farming on Curve. By simplifying the process and reducing the number of transactions required, it aims to make yield farming more profitable for users. It also seeks to create a more efficient and sustainable DeFi ecosystem by reducing the amount of gas required to interact with Curve's pools.
Compare CVX and BTC performance
Timeframe | CVX | BTC |
---|---|---|
1h change | -1.88405 % | 0.00428742 % |
24h change | -14.87 % | -3.29087 % |
7 day change | -25.16 % | -8.53433 % |
14 day change | -30.31 % | -3.99038 % |
30 day change | -4.34 % | 27.0338 % |
200 day change | 32.69 % | 151.257 % |
Year change | -34.91 % | 138.244 % |