Convex Finance

Today's state: Convex Finance is trading at $1.20 with a $0.1 billion market capitalization (rank #200). The price moved +3.08% over the past 24 hours and is +8.01% over 7 days; the 30-day move stands at -9.66% and the 90-day at +0.00%.

Position vs cycle: A drawdown of more than 70% from the last cycle high puts the asset firmly in deep-bear territory, where recoveries have historically required a fresh demand catalyst rather than mere mean-reversion.

Volatility and structure: 30-day realized volatility of 70.4% annualized is high for an asset this size. Our composite multi-horizon Price Strength reads Neutral (51/100), with the timeframes pulling in different directions and no clean directional read.

To place CVX in the wider market, its 90-day return correlations against the two other largest layer-1s show whether it trades as crypto-market beta or on its own drivers. The Pearson figures across daily log returns:

• Bitcoin reference: +0.33 — a weak positive relationship.
• Ethereum reference: +0.38 — a weak positive relationship.
• Solana reference: +0.40 — a moderate positive relationship.

High correlation across several references usually means the asset is mostly crypto-market beta: when BTC, ETH and SOL move, it moves too, and independent alpha is hard to find. Low or negative readings point to its own drivers — project-specific news, intra-crypto sector rotation or narrative shifts — that can decouple it from the broad market.

Convex Finance (CVX) is a cryptocurrency, traded on global digital-asset markets. It trades at $1.20 as of the latest update, with a 24-hour move up 3.08%, placing it at rank #249 by market capitalisation among all listed digital assets. Convex Finance's current market cap stands at $109.96M, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking Convex Finance across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

Convex Finance (CVX) is a cryptocurrency traded on global digital-asset markets. Its specific role depends on the protocol and ecosystem built around it — the data and market sections on this page describe what can be measured directly from on-chain and exchange activity.

Convex Finance currently ranks #200 by market capitalisation, making it a mid-cap asset in the broad top 250. About 92% of the maximum CVX supply is in circulation today (91.85M of 100.00M), leaving a moderate emission stream still to come. It currently trades about 98% below its all-time high of $60.51 set in January 2022.

Convex Finance settles on a public blockchain, with ownership recorded against cryptographic addresses rather than personal identities. Its supply schedule and core parameters are defined in software and changed only by coordination among the people who run the network — there is no central operator.

Convex Finance currently ranks #200 by market capitalisation, making it a mid-cap asset in the broad top 250. About 92% of the maximum CVX supply is in circulation today (91.85M of 100.00M), leaving a moderate emission stream still to come. It currently trades about 98% below its all-time high of $60.51 set in January 2022.

Convex Finance is used for value transfer, on-chain settlement, and access to whatever application or ecosystem its protocol supports. Because utility varies widely across projects of this kind, the most reliable read on the asset is its market data — liquidity, supply dynamics, and price behaviour — shown elsewhere on this page.

Daily volume runs at about 4.7% of market capitalisation ($5.17M in the last 24 hours), in the normal band for a coin of this size and supportive of orderly entries and exits.

Convex Finance's tokenomics combine its supply schedule, current circulating supply, and the relationship between circulating market cap and fully-diluted valuation. At 91.8% of maximum supply already issued, the remaining issuance is a relatively small fraction of total potential supply. Sell pressure from future issuance is therefore limited. The fully diluted valuation (FDV) of $0.1 billion stands at 1.1× the current circulating market cap of $0.1 billion. The wider this ratio, the more issuance overhang the asset faces — a structural headwind on valuation that mature assets like Bitcoin do not face but that early-cycle assets typically do.

Whether the tokenomics help or hurt comes down to value accrual versus dilution — fee burns, reinvested staking yield and TVL growth on one side, scheduled emissions on the other. A favourable balance lets price grind higher without hype; an unfavourable one means the asset must keep attracting demand just to absorb issuance.

At the macro level, the variables that move this asset class most are the direction of US interest rates, the supply of dollar liquidity, and the state of global risk appetite. Crypto has behaved like a long-duration, high-beta risk asset: it tends to rally when real yields fall and the dollar softens, and to sell off when liquidity tightens.

Several traditional markets serve as useful cross-checks: a strong dollar (DXY) has tended to weigh on crypto; rising 10-year Treasury yields raise the cost of holding risk; gold occasionally trades as a parallel hard-money hedge; and US equities frequently move in sympathy with crypto when the driver is liquidity rather than fundamentals.

For Convex Finance specifically, the macro variable that has empirically led price most often is global crypto-market liquidity — proxied by stablecoin total supply, futures open interest, and exchange volumes. When these expand, CVX tends to follow; when they contract, the relationship typically reverses. With a comparatively loose 90-day BTC correlation of +0.33, CVX has shown more idiosyncratic price behaviour than the average large-cap — its own catalysts can matter as much as the broad liquidity tide.

General crypto risks apply: high volatility (double-digit daily moves are common), regulatory uncertainty, exchange and custody risk, and project-specific execution risk. With a smaller or less-established asset, liquidity can be thin — meaning larger orders move the price more, and exits during stress can be costly. Size positions accordingly and never commit more than you can afford to lose.