Convex Finance CVX

What CVX actually is on-chain

Convex Finance is an ERC-20 deployed on Ethereum, at contract address 0x4e3fbd56cd56c3e72c1403e103b45db9da5b9d2b. That address, not the ticker CVX, is what uniquely identifies this asset: anyone can deploy a second token calling itself CVX, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, CVX is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in CVX itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For CVX the project publishes a whitepaper, a public source repository and an active account as @convexfinance. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where CVX sits in the market

#221 places Convex Finance in the upper mid-cap band. This is where continuous two-sided quoting stops being guaranteed. CVX still prints regularly, but the depth behind each print thins out through the session, and the same order that barely registers in the morning can set the day's high in a quieter hour.

CryptoPingAi is currently streaming 5 live CVX order books (Binance, Bybit, OKX, Gate.io, HTX). That is coverage in line with a #221 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. None of the books we see for CVX are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

CVX against its all-time high

CVX is down more than 95% from its $60.09 peak (on 2022-01-01), leaving a 32.9x gap to reclaim. A drawdown this deep strips the record of analytical use: the supply structure, the holder base and usually the market cycle behind that print no longer exist. For CVX the informative reference is the downside, which makes the range section below more relevant than this one. It was set 5 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

CVX across its historical range

The recorded range runs 44.2x, from $1.36 to $60.09 — wide by the standards of traditional assets, moderate for this one's class.

CVX trades within 34.2% of the all-time low of $1.36 set on 2025-10-10. Below that mark the chart is blank — no prior trading means no support level to cite, no volume shelf and no cluster of cost basis to lean on. That low is recent, so this is an active downtrend rather than an old floor holding: each fresh low retires the previous one as a reference.

CVX supply structure

Of a capped 100.0 million CVX, 90.4 million is circulating — 90.4% issued, with 9.6 million still to be created. The remaining issuance is small enough that emission is a second-order influence on price, but the schedule still matters for anyone modelling multi-year supply.

What kind of asset CVX is

Convex Finance is a DeFi protocol token, which ties it to total value locked and to the interest-rate environment on-chain. These assets carry a beta to the market plus a second exposure that is easy to miss: protocol risk. A contract exploit or an oracle failure repriced instantly and independently of any market move, and that tail is a real component of holding the token.

CoinGecko files CVX under 8 categories, including Decentralized Finance (DeFi), Yield Farming, Yield Aggregator, Ethereum Ecosystem, Metagovernance. CoinGecko also records deployments on Ethereum (3,072 tracked tokens), so its on-chain liquidity and its user base move with that network.

How to set a Convex Finance alert that is worth receiving

Convex Finance is the ERC-20 at 0x4e3f…9d2b on Ethereum — quoted on 5 venues we stream — high dated 2022-01-01 — rank #221. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →