Convex CRV (CVXCRV) price, chart, coin profile and news
Find the latest Convex CRV (CVXCRV) price, coin profile, news and history to get you started with Convex CRV trading and investing.
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What is Convex CRV?
Convex CRV, or cvxCRV, is a cryptocurrency associated with the Convex Finance protocol. Convex Finance was developed to improve the level of rewards earned by those interacting with Curve Finance, a decentralised exchange (DEX). The Convex Finance protocol help to boost rewards for liquidity providers (LPs) and those holding Curve Finance’s native cryptocurrency, CRV.
As Curve Finance is becoming more popular, the native CRV token is becoming increasingly more valuable. However, for those that do not wish to hold on to CRV tokens, Convex Finance offers an increased set of rewards to combat the staking rewards offered by Curve. According to the project’s whitepaper, instead of locking CRV tokens into Curve and receiving the native veCRV, Convex offers users the option to stake CRV and receive cvxCRV. cvxCRV token holders are then entitled to veCRV rewards that would have been provided by the Curve Finance exchange with native staking, a proportion of all Convex Finance fees, CVX rewards (the native utility token of Convex Finance) and access to airdrops that veCRV holders are eligible for. As a result of utilising such a unique operational set-up, it is possible for liquidity providers to accumulate boosted CRV alongside lucrative liquidity mining rewards with little to no effort.
Convex CRV (CVXCRV) is in the top 1,000 cryptocurrencies in the world by market cap, valued at $273,105,560. The current price of Convex CRV is $1.638, which is 0.585% higher than yesterday. Prices have ranged between $1.666 and $1.5344 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 28, 2022 01:05 UTC.
Convex CRV (CVXCRV) priceUse our graph to track the performance of (CVXCRV) over time.
Convex CRV at a glance
|Total CVXCRV supply||232,484,077|
|All time high||AUD$12.698|
|All time high date||January 03, 2022|
Convex CRV price performance over time
Convex-crv in the news
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Disclaimer: Cryptocurrencies, including Convex CRV, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of CVXCRV is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Convex CRV or any other cryptocurrency discussed.
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