Could you please elaborate on the market capitalization, or market cap, of Convex Finance? I'm particularly interested in understanding how it's calculated and what factors contribute to its value. Additionally, how does Convex Finance's market cap compare to other similar projects in the
cryptocurrency and decentralized finance space? I'm curious to gain a better understanding of its position within the market and its potential for growth.
5 answers
SumoStrength
Sat Aug 03 2024
The circulating supply of Convex Finance tokens currently stands at 82,020,798 CVX. This number signifies the total amount of CVX tokens that are available for trading and circulation in the market.
Daniela
Sat Aug 03 2024
With a market capitalization of $196,029,707, Convex Finance holds a significant position in the cryptocurrency ecosystem. This figure represents the total value of all CVX tokens in circulation, calculated by multiplying the current price by the circulating supply.
KpopHarmonySoul
Sat Aug 03 2024
Among the various cryptocurrency exchanges offering Convex Finance trading services, BTCC, a UK-based platform, stands out for its comprehensive suite of offerings. BTCC provides traders with access to spot and futures trading for CVX, alongside secure wallet services, ensuring a seamless and secure trading experience.
Michele
Sat Aug 03 2024
The current price of Convex Finance, abbreviated as CVX, stands at $2.39. This valuation represents a minute decline of 0.01% in the last 24 hours, indicating a stable market performance.
Sara
Sat Aug 03 2024
The exchange rate between CVX and USD is fixed at $2.39 per unit of CVX, offering investors a clear and consistent conversion metric.