Convex Finance
Market Open
9 Jun, 18:33
$
1. 208000
-0.043
-3.4373%
$
209,528 Volume
$ 1.251
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CVXUSD Overview
CVXUSD denotes the market price of Convex Finance (CVX) quoted in United States dollars. It reflects the value one USD can buy of CVX or, conversely, how many USD are required to acquire a unit of the token.
Convex Finance’s CVX token is an ERC‑20 cryptocurrency launched in 2021 by the Convex development team to support its Curve-focused yield optimization platform. Built on Ethereum, the token is native to a decentralized protocol that aggregates Curve liquidity provider positions and redistributes rewards; CVX also plays a role in governance and in capturing platform fees under the protocol’s tokenomics.
The CVXUSD rate is formed by market forces across centralized exchanges and decentralized trading venues. Liquidity in AMM pools, on‑chain staking and locking behavior, secondary‑market order flow, investor sentiment and broader crypto and macroeconomic developments all influence supply and demand, producing continuous price discovery.
CVXUSD is monitored by traders and investors to measure exposure to Convex’s ecosystem, to size staking and yield strategies, and to implement short‑term trading or arbitrage between venues. Its price serves as a reference for portfolio valuation and risk management.
As a mid‑cap DeFi token, CVX can show elevated volatility and liquidity dispersion across platforms; spreads, slippage and gas costs may materially affect execution.
Convex Finance’s CVX token is an ERC‑20 cryptocurrency launched in 2021 by the Convex development team to support its Curve-focused yield optimization platform. Built on Ethereum, the token is native to a decentralized protocol that aggregates Curve liquidity provider positions and redistributes rewards; CVX also plays a role in governance and in capturing platform fees under the protocol’s tokenomics.
The CVXUSD rate is formed by market forces across centralized exchanges and decentralized trading venues. Liquidity in AMM pools, on‑chain staking and locking behavior, secondary‑market order flow, investor sentiment and broader crypto and macroeconomic developments all influence supply and demand, producing continuous price discovery.
CVXUSD is monitored by traders and investors to measure exposure to Convex’s ecosystem, to size staking and yield strategies, and to implement short‑term trading or arbitrage between venues. Its price serves as a reference for portfolio valuation and risk management.
As a mid‑cap DeFi token, CVX can show elevated volatility and liquidity dispersion across platforms; spreads, slippage and gas costs may materially affect execution.
CVXUSD Chart
CVXUSD FAQ
What is the current Convex Finance price?
The current price is $1.208000, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.043 (-3.4373%), showing how much the asset has moved compared to the previous close.
What is the previous close for Convex Finance?
The previous close was $1.251000, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-3.4373%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($1.155000) and highest ($1.255000) prices traded during the selected period, helping assess volatility.
Why is Convex Finance (CVX) moving today?
Price movements in Convex Finance are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($1.208000) is below the previous close ($1.251000), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Convex Finance?
You can view real-time charts, price updates, and market data for Convex Finance (CVX) directly on this page.
