Convex Finance
Convex tokenomics
Convex has three main tokens. Each one has a different purpose, risk profile and reward stream.

● Live Convex data
CVX price
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Total value locked
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90-day change
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Data: DefiLlama · updates automatically
CVX
CVX is the protocol's governance and reward token with a maximum supply of 100 million. Most of it is emitted to liquidity providers alongside CRV rewards, with the rest allocated to treasury, team, investors and incentives.
cvxCRV
cvxCRV is created when you convert CRV into Convex. The CRV is locked permanently as veCRV, and you receive a liquid token in return. The conversion is one-way, but cvxCRV can be traded on a Curve pool.
vlCVX
vlCVX is CVX locked for 16 weeks. It cannot be transferred, but it gives voting power over how Convex directs its veCRV votes, and it earns a share of platform fees and vote incentives.
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