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Convex Finance

CVX

Rank #177
$ 4.77
+ 10.19%
24H Low$4.2
24H High$5
24H Volume
41.53M
All-Time High(ATH)
$60.09
All-Time Low(ATL)
$1.9
Market Cap
389.71M
Fully Diluted Valuation
472.55M
Market Cap/FDV
0.8247
Circulating Supply
81.99M CVX
Total Supply
99.42M CVX
Max Supply
100M CVX
Market Sentiment
--
* Data from 3rd parties

Convex Finance (CVX) Price Trends

Time period
Change amount
% Change
1H
$ -0.02713
-0.57%
24H
$ 0.4859
10.19%
7D
$ 1.65
34.56%
14D
$ 2.51
52.57%
30D
$ 3.07
64.31%
1Y
$ -1.13
-23.63%

Live Convex Finance (CVX) Price Update

Convex Finance price today is $4.77 with a 24-hour trading volume of 41.53M, and as such Convex Finance has a market cap of 389.71M, giving it a market dominance of 0.02%. The Convex Finance price moved 10.19% in the last 24 hours.

Convex Finance reached its highest price on 2022-01-01 when it was trading at its all-time high of $60.09, while its lowest price was recorded on 2021-07-20 when it was trading at its all-time low of $1.9. The current lowest price since the last cycle high was $1.9, and the highest price since the last cycle low was $60.09. The social sentiment of Convex Finance is currently Positive.

The current circulating supply of Convex Finance is 81.99M CVX. In terms of market cap, Convex Finance is currently ranked 177.

About Convex Finance (CVX)

CVX is the native platform token of convex finance. Platform fees can be obtained by pledging CVX. The pledged CVX will receive part of its platform fee in the form of cvxcrv (token vecrv). CVX rewards CRV subscribers and curve in proportion according to the CRV generated by the platform Fi liquidity pool.

FAQs

1. What determines the price movement of Convex Finance?

There are two schools of thought in determining the price of Convex Finance.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Convex Finance, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Convex Finance from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Convex Finance on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Convex Finance as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Convex Finance and the cryptocurrency market as a whole.

Date
Market Cap
Volume
Open
Close
2024-03-03
$9.81M$411.9M$5.03N/A
2024-03-02
$7.66M$418.63M$5.1$5.03
2024-03-01
$12.28M$408.45M$4.98$5.1
2024-02-29
$12.27M$411.64M$5.03$4.98
2024-02-28
$25.6M$415.14M$5.06$5.03
2024-02-27
$7.94M$405.14M$4.93$5.06
2024-02-26
$7.45M$406.71M$4.96$4.93