Ask about Convex Finance · freeTotal Value Locked$562.8m
TVL by Chain
Ethereum$555.38m
Fraxtal$6.14m
Arbitrum$1.06m
Polygon$221,478
Key Metrics
Fees 30d$2.42m
Fees 30d by chain
Ethereum$2.42m
Fees 7d$419,653
Ethereum$419,653
Fees 24h$125,531
Ethereum$125,531
Cumulative Fees$1.057b
Ethereum$1.057b
Revenue 30d$935,380
Revenue 30d by chain
Ethereum$935,380
Revenue 7d$74,603
Ethereum$74,603
Revenue 24h$20,713
Ethereum$20,713
Cumulative Revenue$181.49m
Ethereum$181.49m
Holders Revenue 30d$886,749
Holders Revenue 30d by chain
Ethereum$886,749
Holders Revenue 7d$59,690
Ethereum$59,690
Holders Revenue 24h$18,202
Ethereum$18,202
Cumulative Holders Revenue$175.82m
Ethereum$175.82m
Incentives 1y$124,265
Incentives 30d$15,304
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$879.52m
Earnings (Annualized)$12.74m
Earnings 30d$920,076
Earnings 7d$74,603
Earnings 24h$20,713
Cumulative Earnings-$698.03m
Market Cap$215.37m
$CVX Price$2.31
Fully Diluted Valuation$231.1m
Outstanding FDV$224.78m
$CVX Volume 24h$9.43m
CEX Volume$5.5m
DEX Volume$3.75m(39.79% of total)
Staked$120.21m(55.81% of mcap)
Treasury$17.06m
Majors$867,404
Stablecoins$2.13m
Own Tokens$13.62m
Others$442,184
Protocol Information
Convex simplifies your Curve-boosting experience to maximize your yields.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All CRV and FXS harvested through Convex: the protocol's own fee take (cvxCRV/cvxFXS stakers and CVX lockers) plus LP rewards, harvest incentives and treasury fees, plus reUSD locker revenue and Votium bribes.View code on GitHubRevenue: Sum of protocol revenue and holders' revenueView code on GitHubHolders Revenue: CRV/CVX/FXS flowing to CVX lockers and cvxCRV/cvxFXS stakers, the CRV platform fee sent to vlCVX lockers before 2023-01-09, plus Votium bribesView code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Treasury: Value of tokens owned by the protocolYields
Pools Tracked186
Average Supply APY6.25%
User Activity
Active Addresses (24h)28
New Addresses (24h)2
Transactions (24h)39
Gas Used (24h)0.01 ETH
Gas Cost (24h)$18.85
Hacks
Date: Jun 24, 2022
Amount: $14,000
Classification: Frontend & Infrastructure
Technique: DNS Hijack
Chains: Ethereum
Target Type: DeFi Protocol
Competitors
Convex Finance history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from May 17, 2021 to Oct 27, 2026.
All-time high TVL: $21.167b on Jan 5, 2022. All-time low TVL: $68.88m on May 17, 2021.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $603.85m |
| Sep 29, 2026 | $614.7m |
| Sep 30, 2026 | $614.36m |
| Oct 1, 2026 | $623.54m |
| Oct 2, 2026 | $619.03m |
| Oct 3, 2026 | $612.33m |
| Oct 4, 2026 | $620.25m |
| Oct 5, 2026 | $622.25m |
| Oct 6, 2026 | $617.66m |
| Oct 7, 2026 | $613.29m |
| Oct 8, 2026 | $615.52m |
| Oct 9, 2026 | $582.54m |
| Oct 10, 2026 | $586.08m |
| Oct 11, 2026 | $586.36m |
| Oct 12, 2026 | $595.66m |
| Oct 13, 2026 | $577.97m |
| Oct 14, 2026 | $577.86m |
| Oct 15, 2026 | $567.66m |
| Oct 16, 2026 | $577.7m |
| Oct 17, 2026 | $577.8m |
| Oct 18, 2026 | $574.05m |
| Oct 19, 2026 | $577.71m |
| Oct 20, 2026 | $579.94m |
| Oct 21, 2026 | $596.64m |
| Oct 22, 2026 | $605.72m |
| Oct 23, 2026 | $579.75m |
| Oct 24, 2026 | $574.96m |
| Oct 25, 2026 | $574.95m |
| Oct 26, 2026 | $564.51m |
| Oct 27, 2026 | $563.39m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $1.103b |
| Dec 31, 2024 | $1.235b |
| Jan 31, 2025 | $1.307b |
| Feb 28, 2025 | $843.58m |
| Mar 31, 2025 | $824.49m |
| Apr 30, 2025 | $996.33m |
| May 31, 2025 | $1.142b |
| Jun 30, 2025 | $1.044b |
| Jul 31, 2025 | $1.446b |
| Aug 31, 2025 | $1.362b |
| Sep 30, 2025 | $1.12b |
| Oct 31, 2025 | $974.76m |
| Nov 30, 2025 | $946.37m |
| Dec 31, 2025 | $919.96m |
| Jan 31, 2026 | $849.16m |
| Feb 28, 2026 | $697.18m |
| Mar 31, 2026 | $643.31m |
| Apr 30, 2026 | $602.44m |
| May 31, 2026 | $554.83m |
| Jun 30, 2026 | $463.65m |
| Jul 31, 2026 | $468.49m |
| Aug 31, 2026 | $544.66m |
| Sep 30, 2026 | $614.36m |
| Oct 27, 2026 (latest) | $563.39m |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $19.189b |
| Dec 31, 2022 | $3.001b |
| Dec 31, 2023 | $1.857b |
| Dec 31, 2024 | $1.235b |
| Dec 31, 2025 | $919.96m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $4.63m | $1.84m | $1.78m |
| Dec 2024 | $11.93m | $3.97m | $3.79m |
| Jan 2025 | $9.74m | $3.48m | $3.33m |
| Feb 2025 | $5.46m | $2.02m | $1.94m |
| Mar 2025 | $5.09m | $1.64m | $1.56m |
| Apr 2025 | $7.05m | $2.99m | $2.89m |
| May 2025 | $7.66m | $2.71m | $2.6m |
| Jun 2025 | $6.84m | $2.73m | $2.38m |
| Jul 2025 | $7.91m | $2.81m | $2.58m |
| Aug 2025 | $8.54m | $3.02m | $2.83m |
| Sep 2025 | $6.65m | $2.59m | $2.43m |
| Oct 2025 | $6.28m | $3.01m | $2.88m |
| Nov 2025 | $4.06m | $1.8m | $1.7m |
| Dec 2025 | $3.37m | $1.28m | $1.2m |
| Jan 2026 | $3.57m | $1.57m | $1.51m |
| Feb 2026 | $2.14m | $1.03m | $984,624 |
| Mar 2026 | $1.99m | $777,760 | $742,280 |
| Apr 2026 | $2.21m | $1.1m | $1.07m |
| May 2026 | $1.95m | $673,731 | $636,827 |
| Jun 2026 | $1.74m | $599,929 | $559,491 |
| Jul 2026 | $1.64m | $563,785 | $531,548 |
| Aug 2026 | $2.03m | $769,746 | $732,983 |
| Sep 2026 | $2.74m | $1.22m | $1.18m |
| Oct 2026 (to date) | $1.93m | $582,376 | $537,037 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/convex-finance
Frequently asked questions
What is Convex Finance's TVL?
As of Oct 27, 2026, Convex Finance has $562.8m in total value locked. TVL has decreased 6.5% over the past 30 days.
What chains does Convex Finance operate on?
Convex Finance operates on 4 chains: Ethereum, Fraxtal, Arbitrum, and Polygon. Ethereum holds the largest share at 98.7%.
How much has Convex Finance generated in fees and revenue?
Over the past 30 days, Convex Finance generated $2.42m in fees. Of that, $935,380 was protocol revenue. Based on the trailing year, the annualized rate is $30.59m in fees and $12.86m in revenue.
What is the CVX token price and valuation?
CVX is currently trading at $2.31. Its circulating market capitalization is $215.37m, ranking it #244. Its fully diluted valuation is $231.1m. Supply currently stands at 93.19m circulating, 100m total supply, 100m maximum supply.
How has CVX performed recently?
CVX is up 5.4% over the past 7 days and up 6% over the past 30 days. Its all-time high is $60.09, reached on Jan 1, 2022. The token is currently 96.2% below that level.
How does Convex Finance's TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Convex Finance ranks #3 by TVL. The category holds $4.618b across 569 protocols, and Convex Finance accounts for 12.2% of that total. Similar protocols include Stake DAO Yield, Aura, Napier, Toros, Sushi BentoBox, VaultCraft, Surf Liquid, Adamant Finance, Volmex, and Resonate Finance.
How many yield pools does Convex Finance have?
DefiLlama tracks 186 Convex Finance yield pools with an average APY of 6.3%.
Does Convex Finance have a treasury?
Convex Finance has a tracked treasury currently valued at $17.06m. Its holdings include $2.13m in stablecoins, $867,404 in major assets, $13.62m in its own tokens, $442,184 in other assets.
Has Convex Finance ever been exploited?
Convex Finance has 1 recorded security incident. The most recent incident occurred on Jun 24, 2022 and involved $14,000. It was classified as Frontend & Infrastructure.