Convex FinanceCVX

The token of Convex Finance, which pools CRV to boost Curve rewards and steers half of Curve's votes.

Rank #175Since May 2021

Price on 31 Oct 2026

C$2.85 +60.5% since 31 Jul 2026 · 96.2% below its all-time high

The short version

Convex Finance locks CRV permanently to boost rewards for Curve liquidity providers, and it controls about 50.5% of all vote-locked CRV. Holders who lock CVX (vlCVX) direct those votes and earn a share of the CRV Convex collects plus vote incentives. The team is pseudonymous with no disclosed legal entity, and all 100M CVX have been issued. On 31 Oct 2026 one CVX cost C$2.85. From 31 Jul 2026 to 31 Oct 2026 its price changed +60.5% in Canadian dollars, and it was 96.2% below its all-time high of C$75.95 set on 1 Jan 2022.^[1]

Checked 31 Oct 2026 · 11 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$3.67 (22 Oct 2026) · low C$1.51 (1 Jul 2026) · -7.7%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$2.85	US$2.04
30 Sep 2026	C$3.12	US$2.19
31 Aug 2026	C$3.04	US$2.19
31 Jul 2026	C$1.86	US$1.33
30 Jun 2026	C$1.56	US$1.10
31 May 2026	C$2.18	US$1.58
30 Apr 2026	C$2.32	US$1.71
31 Mar 2026	C$2.40	US$1.73
28 Feb 2026	C$2.52	US$1.84
31 Jan 2026	C$2.90	US$2.15
31 Dec 2025	C$2.30	US$1.68
30 Nov 2025	C$2.59	US$1.85

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$2.85^[1]
3-month change: +60.5% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 96.2% below its high of C$75.95 (1 Jan 2022)^[1]
Market rank: #175, market value about C$265.4M^[1]
Kind: Token · Ethereum (ERC-20)
Started: May 2021

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoAll 100M CVX, the documented maximum, have been minted^{[2, 3]}

Can anyone freeze or take coins from holders?NoNo blacklist, pause or balance-change function in the contract^[3]

Can the token's contract code be changed?NoFixed contract code on Ethereum, not a proxy^[3]

Is the supply capped?Yes100M maximum, fully emitted^{[2, 4]}

Any scheduled unlocks in the next 12 months?NoFully emitted; nothing left to unlock^[4]

Does a team or foundation hold over 10% of supply?Not disclosedTeam 10%, treasury 9.7% and investors 3.3% at launch; current holdings not published^[2]

Do network fees reach coin holders?YesLocked CVX earns 4.5% of CRV collected plus vote incentives^[5]

Main network hacked or halted in the past 2 years?NoLast incident was a Jun 2022 DNS hijack costing about US$14K^[6]

Is a regulator or court case targeting the coin itself?NoNo regulator or court case found^[7]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by: Pseudonymous team; no legal entity disclosed; on-chain governance since Jul 2026^{[2, 7]}
Curve votes: Convex holds 50.5% of veCRV (424.9M CRV), locked to Oct 2030^[8]
Token contract: Mint function owned by a contract; all 100M CVX already exist^[3]

Supply

In circulation: 93.19M CVX of a 100.00M maximum (93.2%)^[1]
Fully diluted value: 1.07 times its current market value^[1]
Maximum: 100M CVX, fully emitted; 99.99M circulating^[4]
Allocation: Curve LP rewards 50%, liquidity mining 25%, team 10%, treasury 9.7%, investors 3.3%, airdrops 2%^[2]

Use and fees

Fees: US$29.8M over the past year; US$11.6M to CVX holders^[9]
Fee split: Takes 17% of CRV earned: 10% to cvxCRV stakers, 4.5% to CVX stakers, 2% treasury, 0.5% caller^[5]

Trading

Daily trading: About C$11.6M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 3.58% of its market value changes hands each day^[1]
20-week average: 16.3% above its 20-week average price^[1]
1-year change: -9.8% in C$^[1]^[10]

History

Not a forecast

Coins ranked 51-200 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 4,050 cases, 612 coins

39% were higher a year later^[11]

Typical result: Median -25% after a year; 45% higher after two years
Lost half or more: 38% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

No red flags found

Convex's on-chain governance went live on 24-30 Jul 2026; voting requires locked CVX.^[7]
Convex's holder income comes from CRV earned by Curve liquidity providers, so it depends on Curve's emissions.^[5]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.