Convex Finance vs Orchid — how do they compare? Convex Finance trades at Rp22,033 (market cap Rp2,18T, Rp95,52M 24h volume), while Orchid trades at Rp164.34 (market cap Rp190,2M, Rp47,84M 24h volume). The key difference: Convex Finance is far larger — about 11461.6× Orchid's market cap, and Convex Finance's circulating supply is 98,7M CVX versus 997,2M OXT for Orchid. Which is the better fit depends on your goals — on Pluang, investors hold Convex Finance for 29 Days and Orchid for 42 Days on average.
| CVX | OXT | |
|---|---|---|
Market Cap | Rp2,18T | Rp190,2M |
Volume (24h) | Rp95,52M | Rp47,84M |
Circulating Supply | 98,7M CVX | 997,2M OXT |
Typical Hold Time | 29 Days | 42 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 →Orchid describes itself as the world’s first incentivized, peer-to-peer privacy network. Its aim is to overcome internet freedom limitations by using cryptocurrency payments to allow anyone to purchase bandwidth from any participating provider. This is done using so-called probabilistic nanopayments, which occur using OXT, an ERC-20 standard token on Ethereum.
Read more on OXT →