Convex Finance vs Dai — how do they compare? Convex Finance trades at Rp22,158 (market cap Rp2,18T, Rp95,52M 24h volume), while Dai trades at Rp17,251 (market cap Rp92,41T, Rp1,28T 24h volume). The key difference: Dai is far larger — about 42.4× Convex Finance's market cap, and Convex Finance's circulating supply is 98,7M CVX versus 5,4B DAI for Dai. Which is the better fit depends on your goals — on Pluang, investors hold Convex Finance for 29 Days and Dai for 29 Days on average.
| CVX | DAI | |
|---|---|---|
Market Cap | Rp2,18T | Rp92,41T |
Volume (24h) | Rp95,52M | Rp1,28T |
Circulating Supply | 98,7M CVX | 5,4B DAI |
Typical Hold Time | 29 Days | 29 Days |
Convex Finance is a DeFi protocol that allows Curve liquidity providers to earn a share of trading fees on Curve without staking liquidity there.
Read more on CVX →DAI is an Ethereum-based stablecoin managed by the Maker Protocol and MakerDAO. Its value is soft-pegged to the U.S. dollar and backed by various cryptocurrencies stored in smart contract vaults. DAI provides a decentralized way to hold a stable digital asset, with options like Multi-Collateral DAI for flexible backing and the DAI Savings Rate for earning interest.
Read more on DAI →