Today: 2022-01-19 Disclaimer: This is not a financial advice

Is it a Good Time to Buy Convex Finance Right Now?

Current Price
$40.84
All Time High: $60.09

Convex Finance is down -31.96847% from its highest price on 2022-01-01.

2/5
Avarage Daily Volume: $11,158,423.00

Convex Finance has a daily trading volume of $11,158,423.00 which it will make it super easy for you to sell your holdings of Convex Finance

Community

Convex Finance has 39060 total followers in all its social media accounts.

2/5
Exchanges

Convex Finance is listed on 20 exchanges

2/5
Price Potential

Convex Finance price value has the potential to increase to $1732.34 in the next crypto bull run.
Which may take up to 5 years from now.

Overall Score

Our algorithm believes it's Not So Good time to invest in Convex Finance right now. We give it all overscore of

2.25/5

How to buy Convex Finance today

Open an account at the exchange below so you could buy Convex Finance today

gate io logopoloniex logo

Do you think it's a good time to buy Convex Finance right now?

Yea Nay


Be the first to vote for this coin!

Summary of Convex Finance(CVX):

Convex Finance(CVX) today price is $40.84, which is down -31.96847% from it's all time high. The avarage daily volume is $11,158,423.00 and you can trade Convex Finance on 20 exchanges.

39060 people are following Convex Finance in all social media accounts.

Our algorithm believes it's Not So Good time to invest in Convex Finance with confident score of 2.25 out of 5.

What is Convex Finance(CVX)?

Convex is a protocol that simplifies Curve boosting experience in order to maximize yields. Convex allows Curve liquidity providers to earn trading fees and claim boosted CRV without locking CRV themselves. Liquidity providers can receive boosted CRV and liquidity mining rewards with minimal effort. If you would like to stake CRV, Convex lets users receive trading fees as well as a share of boosted CRV received by liquidity providers. This allows for a better balance between liquidity providers and CRV stakers as well as better capital efficiency. Curve liquidity providers can deposit their LP tokens into Convex to maximize their CRV earnings with a more efficient boost. Curve DAO token stakers will be able to earn additional boosted CRV and CVX tokens through the protocol.