Convex Finance Token (CVX) Up 23.88% in 24 Hours
Convex Finance Token (CVX) has gained 23.88% in 24 hours and is now trading at $2.54, according to data.
According to RootData, a Web3 asset data platform, Convex Finance is a DeFi protocol that allows Curve liquidity providers to earn a portion of the transaction fees on the Curve without having to pledge liquidity on the Curve. At the same time, liquidity providers can use Convex Finance to invest and earn higher CRV and liquidity mining rewards. This provides better capital efficiency for CRV pledgers and positions Convex Finance as a key player in the Curve war.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crude oil is "coming back", but refined oil is "not coming back"; the global refining gap is widening.
According to Goldman Sachs, global refined oil exports have declined by about 6 million barrels per day year-on-year, with the Gulf region and Russia contributing three-quarters of the decrease. Unlike crude oil, which can be rerouted, damaged refineries cannot be relocated, and the Gulf region's refined oil exports have only recovered to 40% of pre-war levels. Goldman Sachs expects global refinery utilization rates to recover only by the second half of 2027; based on this, it has more than doubled its forecast for diesel profit margins in 2027.
Data: Detected an outflow of 35.11 million USDT from a certain exchange
SK Hynix CEO: Memory chip shortage will persist until 2030
Crypto prices
More
