Skip to main content

Glossary · Definition

Convex Finance (CVX)

Convex Finance is a layer built on top of Curve that takes people's CRV, locks it for the maximum term on their behalf, and hands back a liquid receipt plus its own CVX token.

Join CryptoBipto to view the full explanation.

The full entry for Convex Finance (CVX) covers the detailed definition, how it works, an example and the mistakes beginners make.

More terms about DeFi.

CryptoBipto is a crypto education platform. It does not buy, sell, hold or send cryptocurrency for anyone, and it does not give financial advice.