Convex Finance $1.708 24h -0.453%
Since its inception, CVX saw a significant rise in the price of around 1.71% in return on investments or ROI. Currently, the rise in ROI for this asset is also reflected in its CoinMarketCap (CMC) rankings. Convex Finance, at press time held the 152 rank by market capitalization among all the cryptocurrencies.
If you are looking for the most accurate Convex Finance market forecast and price action analysis or prediction, you are in the right place. Our advanced price prediction tools let you understand better where the price of Convex Finance CVX may go in the future.
Convex Finance Price Action Overview
Through our data-driven approach, we aim to simplify complex crypto concepts related to price action for everyone in the web3 space. We cover an asset’s price action from scratch assessing, predicting, and decoding price action and indicators for users.
Convex Finance since its inception has been a key part of the larger web3 ecosystem. Referring to the data and metrics given below for this crypto could help anyone paint a reliable picture of its future.
Currently, Convex Finance traded at $1.708 and saw a price change of -0.11077382% in the last hour.
Convex Finance - Explained
Convex Finance came into being on May 18, 2021, 12:00 am, after which the crypto garnered significant attention. CVX has a maximum supply of ?. The asset’s current price is $1.708
Convex Finance (CVX) is a DeFi protocol launched in May 2021 to provide bounties to staked Curve Finance tokens (CRV) holders.
This came after the formation of a group of CRV token holders who did not reach conditions for the 2.5 x rewards for locking funds in the Curve.fi platform.
Convex Finance founders are Ricardo Rosales, the CEO of Stanford Blockchain Club, and its members.
CVX protocol allows Curve liquidity providers to gain from trading fees by staking on Convex while benefiting from liquidity mining rewards.
As a result, a competitive nature has been built on the Curve Finance stablecoin exchange as the CRV token holders try to gain much of the interest rates on Curve.
Curve wars are the battle for liquidity in the Curve Finance pool (Total Value Locked or TVL) and are achieved by platforms like Convex Finance, which attract users who bring in funds to benefit from the rewards of the Curve pool.
Curve Liquidity Providers (LPs) put their funds in Curve to earn rewards, and they combine with Convex holders, who are small investors, to maximize rewards.
With a total supply of 100 million CVX minted to cvxCRV at a 1:1 ratio for every CRV staked, CVX holders can engage in decision-making in the Convex Finance protocol.
Convex Finance - Historical Price Data: A Look into the Past Performance
In the ever-so volatile and turbulent world of cryptocurrencies, we will be diving into Convex Finance history price data looking at major highs and lows throughout the years.
Given below is a price chart of Convex Finance that shows the open price, close price, high price, and low price over a certain time period. The chart aims to highlight the volatility and price change in Convex Finance accurately.
Convex Finance - Price Action: Key Indicators
Convex Finance price action is affected by multiple factors, but there are certain metrics that help us analyze CVX price in a clearer manner. Given below are a few fundamental indicators that provide a clearer idea of how price action can be affected based on volumes, supply, distribution, sentiment, and other metrics.
Daily Metrics (change):
Trading Volume (USD): The trading volume of CVX was 17693169. An asset’s daily trading volume represents the number or amount of assets traded on a specific day.
Daily Active Addresses: The 375 is the number of addresses that have been part of a transaction on Convex Finance in the last 24 hours. Convex Finance ‘s total active address count is around 374.
Supply Distribution On Exchanges: In the last 24 hours 2687210.8126423 CVX are currently held on exchanges. A higher supply on exchanges points towards liquidity and potential for trading activity among retailers.
Supply on exchanges can often be higher during sudden bull market or bear market situations where traders might want to buy or sell assets.
Supply Distribution Outside Exchanges: In the last 24 hours, 80649789.187358 CVX were held outside exchanges. Supply distribution outside exchanges usually represents assets that could be held for a longer term in cold storage/wallet.
A higher supply outside exchange or a sudden increase in this supply often indicates longer-term holders strengthening their portfolios and pointing towards a long-term bullish trend for the asset.
Transaction Volume Change (1D): The transaction volume of an asset is the volume of inflow or outflow in the past 24 hours. The transaction volume of Convex Finance changed by 2330.0530773058 in the last 24 hours.
Mostly, a higher transaction volume suggests more activity in the market or higher optimism among users/traders.
Number Of Transactions (24h): Convex Finance number of transactions in the last 24 hours shows the daily number of transactions completed on the Convex Finance network.
Generally, an increased demand for the asset or more optimism in the space for the project can lead to a rise in the number of transactions thereby acting positively for the native currency.
Number Of Transactions (7D): Convex Finance number of transactions in the last 7 days represents the number of transactions completed on the Convex Finance network in the last 7 days.
Usually, increased demand for the asset or more optimism in the space for the project can lead to a rise in the number of transactions, a weekly trend shows a more sustained bullish or bearish trend for the asset.
Market Cap USD Change (1D): The change in market capitalization reflects the shift in the overall valuation of Convex Finance. In the last 24 hours, the market cap change was around 0.016988618851.
Total Value Locked: The total value locked or allows investors to determine the total value (usually in USD) of a particular asset locked, or staked, on its blockchain.
A higher TVL signifies a more secure and valuable network and more confidence from participants in the project. The total TVL of Convex Finance currently stands at 0.18197725.
Convex Finance - How to analyze price action?
Convex Finance price action is often in news due to the volatile nature of cryptocurrencies. Many analysts, websites and traders constantly aim to decode crypto price action analyzing various trends, indicators and metrics.
Through the wide range of indicators and their descriptions, we will aim to better understand where this crypto’s price action can move.
Currently, Convex Finance price is $1.708. The crypto had an all time low price of $1 at the moment while the all time high price of this crypto as of now was $?.
A look at the asset’s addresses in loss and profit shows us the total number of addresses in profit and their percentage as well as the total number of addresses in loss and their percentage. This also gives the idea that the break-even price is generally a price at which an investor suffers no profit or loss. The break-even price is usually the buying price of the asset
Convex Finance - Price Analysis Indicators
Convex Finance price forecasts and predictions in the market often rely on technical, fundamental, and on-chain analysis, a deep understanding of the crypto market, and an educated guesswork. Given below is Convex Finance's future price prediction trajectory based on market analysis and estimated ROIs over the last couple of years.
Convex Finance - Users and Social Sentiment Analysis
The social sentiment of an asset is key in assessing the psychology of the crowd around that crypto and the positions they hold in the market. Social sentiments indicate the ‘vibe’ of the crypto on social media platforms. It indicates the sentiment or general feeling around Convex Finance at a certain time.
Active Users: The number of users currently engaging on various social media platforms for Convex Finance was {social_active_users}. A higher number of active users represents more optimism in the crowds for that crypto.
Fear and Greed Index: The fear and greed index measures the sentiment in the market among holders and users. Generally, when the indicator points towards ‘fear’, it means that price action is either bearish or has undergone some sell-offs, while too much ‘greed’ reflects euphoria in the market and buying sentiment amid traders/investors. Currently, the fear and greed index for Convex Finance is at 69.
Social Volume Changes (1D): The change in social volume reflects the shift in the social audience in the past 24 hours. It reflects upon the content that mentions Convex Finance on different social media platforms.
The 24-hour social volume change is 0. If social volumes go lower it means that crowds are losing interest in the project or crypto while an increase in the same suggests heightened interest in it.
Total Positive Sentiment: The Total Positive Sentiment indicator highlights all the optimistic conversations around an asset on all social media combined. At the moment the total positive sentiment for Convex Finance was around 0.718137383461.
Social volume Reddit: The social volumes on Reddit signify the total number of content that mentions or talks about Convex Finance on Reddit.
At the moment, Convex Finance ‘s social volume on Reddit was around {social_volume_reddit}. Higher volumes on social media usually indicate more conversation around the asset or hype for that crypto on a particular platform.
Convex Finance - Holders and Distribution Analysis
Number of holders: This indicator represents the number of people/organizations holding or investing in a particular crypto at the moment. In this case, the total number of entities holding Convex Finance currently is about 9. A higher number of holders is usually a long-term bullish sign and indicates investors/traders' confidence in the project.
Circulation: The circulation metric reflects the number of unique coins or tokens being used during the said time period. So the one-day circulation would show the number of unique coins or tokens that were transacted during that particular day. Currently, the 1-day circulation for CVX was 922184.58903072.
Gini Index: The Gini index assesses or measures the distribution of wealth or coins within the cryptocurrency’s ecosystem. Thus, looking at the distribution of the crypto’s holdings among addresses or users, the indicator provides an interesting insight into the concentration of wealth within the ecosystem between different cohorts. At the moment, the Gini index of Convex Finance was at 0.994240086526.
Convex Finance - Volatility and Returns Analysis
Age Consumed: The age consumed indicator shows the total amount of tokens changing addresses at a given time, multiplied by the time since they last moved. At the moment the total age consumed of Convex Finance is around 93606905.268563. Spikes on the graph signal a large amount of tokens moving after being idle for an extended period of time.
Annual inflation rate: The annual inflation rate metric gives the percentage change in the price of an asset over a given time period vs the change in the asset over the same time a year ago. This metric gives an idea of the price change on an annual basis. The annual inflation rate of Convex Finance at the time is 0.536926530656%.
A look at the historical price volatility data and major price movements of Convex Finance, suggests that price can move. Convex Finance has given an ROI of 1.71%% since its inception.
If one held CVX one year ago to this date, they might have achieved a return of 1.71%%. However, with the fluctuating market landscapes, the highlighted volatility of CVX's price hints towards an increase to N/A, by the end of 2026.
Convex Finance Price Prediction
The average price of CVX in 2026 is estimated to be around $1.85. On an optimistic note, Convex Finance could go as high as $N/A. On the lower circuit, CVX is not expected to go below $N/A.
Convex Finance - A Technical Overview
Based on the current sentiment analysis of Convex Finance we can spot that the market is currently pivoting towards Greed. Fear & Greed Index was at 69.
The price of Convex Finance has changed by -0.11077382% in the last 1-hour. The change in price over the last one day or 24 hours has been -0.45263777% while the week-on-week price change of the asset is around 0%.
The 24-hour volume depicts the daily trade volumes of Convex Finance which were about 11838605.797369 currently. The change in volume since yesterday is around 45.5438. A rise in volume usually points towards more vibrant markets and higher trading among retailers, while slower market days usually see a lot fewer trade volumes.
At the moment, indicators are predicting a move towards the $1.81 price level over the next quarter. In the next six months, we can expect Convex Finance to climb towards $1.913 if all goes well.
Convex Finance Price Prediction Indicators
Price action indicators provide essential data and metrics used to conduct fundamental, technical, and on-chain analysis. It is pivotal to consider these indicators to forecast Convex Finance’s future performance. These indicators include Convex Finance's, market capitalization, current price, trading volume, circulating supply, and other indicators.
Convex Finance coin/token is also often referred to as CVX. The current price of the asset oscillated at $2 while the market capitalization stood at $274077711. Currently, the crypto ranked 152 in the overall crypto market with a fully diluted market cap $170705601.57.
Trading volume, a key characteristic of market volatility, was around $17693169 in the last 24 hours. On a more vibrant day when traders are active (due to bullish or bearish factors), we can spot more activity in the market. This can be further broken down into exchange volumes for a better understanding of market dynamics.
Further, the circulating supply and maximum supply also have a direct impact on Convex Finance price, its own price prediction, and its scarcity and demand. CVX has a fixed/no fixed supply of ? CVX while the circulating supply stands at 97,622,866.98 CVX.
Convex Finance Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| September | $1.600 | $2 | $2.400 | 17.1% |
| October | $1.600 | $2 | $2.400 | 17.1% |
| November | $1.600 | $2 | $2.400 | 17.1% |
| December | $1.600 | $2 | $2.400 | 17.1% |
Based on technical analysis, on-chain analysis, and other variables that we monitor, the estimated high for 2026 is N/A while the estimated low for the year is N/A. CVX is likely to be near $2 by the end of the year. CVX price prediction for 2024 is dependent on several factors, the primary ones include price history, regulatory actions, and geo-political issues.
Note: These values are estimated using past data and are not absolute predictions. The tables are updated regularly as new data unfolds, so it's advisable to check back frequently for the more recent figures.
Convex Finance Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| January | $2.400 | $3 | $3.600 | 75.6% |
| February | $2.400 | $3 | $3.600 | 75.6% |
| March | $2.400 | $3 | $3.600 | 75.6% |
| April | $1.600 | $2 | $2.400 | 17.1% |
| May | $1.600 | $2 | $2.400 | 17.1% |
| June | $1.600 | $2 | $2.400 | 17.1% |
| July | $1.600 | $2 | $2.400 | 17.1% |
| August | $1.600 | $2 | $2.400 | 17.1% |
| September | $1.600 | $2 | $2.400 | 17.1% |
| October | $1.600 | $2 | $2.400 | 17.1% |
| November | $1.600 | $2 | $2.400 | 17.1% |
| December | $1.600 | $2 | $2.400 | 17.1% |
For 2025, the estimated high is N/A and the low is N/A. The average CVX price is likely to hover around the N/A mark. Notwithstanding these estimates, CVX price will be near $2 by the end of 2027. CVX price prediction 2027 will depend on mid-long-term market conditions, price history, and other factors.
Note: These values are estimated using past data and are not absolute predictions. The tables are updated regularly as new data unfolds, so it's advisable to check back frequently for the more recent figures.
Convex Finance Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| September | $1.600 | $2 | $2.400 | 17.1% |
| October | $1.600 | $2 | $2.400 | 17.1% |
| November | $1.600 | $2 | $2.400 | 17.1% |
| December | $1.600 | $2 | $2.400 | 17.1% |
Projections based on past data show that in 2026, CVX could go as high as N/A or as low as N/A. At the same time, the average price in 2026 is expected to be near N/A. For (2026), CVX price predictions will display significant influence from the broader global market, not just the US crypto market.
Convex Finance Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| January | $1.600 | $2 | $2.400 | 17.1% |
| February | $1.600 | $2 | $2.400 | 17.1% |
| March | $1.600 | $2 | $2.400 | 17.1% |
| April | $1.600 | $2 | $2.400 | 17.1% |
| May | $1.600 | $2 | $2.400 | 17.1% |
| June | $1.600 | $2 | $2.400 | 17.1% |
| July | $1.600 | $2 | $2.400 | 17.1% |
| August | $1.600 | $2 | $2.400 | 17.1% |
| September | $1.600 | $2 | $2.400 | 17.1% |
| October | $1.600 | $2 | $2.400 | 17.1% |
| November | $1.600 | $2 | $2.400 | 17.1% |
| December | $1.600 | $2 | $2.400 | 17.1% |
In 2027 CVX could climb as high $2 or could plummet to $2.000 on the other end of the spectrum, if bears take control. We expect CVX to flirt with the $2.000 throughout that year. CVX price predictions for 2027 will likely be influenced by analysts’ overall mid to long-term take on market conditions.
Convex Finance Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| January | $1.600 | $2 | $2.400 | 17.1% |
| February | $1.600 | $2 | $2.400 | 17.1% |
| March | $1.600 | $2 | $2.400 | 17.1% |
| April | $2.400 | $3 | $3.600 | 75.6% |
| May | $2.400 | $3 | $3.600 | 75.6% |
| June | $2.400 | $3 | $3.600 | 75.6% |
| July | $2.400 | $3 | $3.600 | 75.6% |
| August | $2.400 | $3 | $3.600 | 75.6% |
| September | $2.400 | $3 | $3.600 | 75.6% |
| October | $2.400 | $3 | $3.600 | 75.6% |
| November | $2.400 | $3 | $3.600 | 75.6% |
| December | $2.400 | $3 | $3.600 | 75.6% |
In 2028, CVX could rise to $3 with the average price at around $3.000. On the other hand, we expect CVX to hit the lower price range of $2.000 if bearish tones set in. The CVX 2028 price prediction could incorporate a long-term outlook of the crypto and traditional finance market. Note that the next US presidential elections are likely to be held in 2028 and could have a significant impact on price action.
Convex Finance Prediction Table
| Month | Minimum price | Average price | Maximum price | Potential ROI |
|---|---|---|---|---|
| January | $2.400 | $3 | $3.600 | 75.6% |
| February | $2.400 | $3 | $3.600 | 75.6% |
| March | $2.400 | $3 | $3.600 | 75.6% |
| April | $2.400 | $3 | $3.600 | 75.6% |
| May | $2.400 | $3 | $3.600 | 75.6% |
| June | $2.400 | $3 | $3.600 | 75.6% |
| July | $2.400 | $3 | $3.600 | 75.6% |
| August | $3.200 | $4 | $4.800 | 134.2% |
| September | $3.200 | $4 | $4.800 | 134.2% |
| October | $3.200 | $4 | $4.800 | 134.2% |
| November | $3.200 | $4 | $4.800 | 134.2% |
| December | $3.200 | $4 | $4.800 | 134.2% |
For the year 2029, according to our prediction, CVX could witness a high of $4. While it could also dip to a low of $3.000. The average price in 2029 is expected to hover around the $3.000 mark. CVX’s 2029 price prediction is a long-term forecast dependent on market conditions and the aftermath of the political activity of the preceding year.
Note: These values are estimated using past data and are not absolute predictions. The tables are updated regularly as new data unfolds, so it's advisable to check back frequently for the more recent figures.
