Convex Finance vs Spell Token — how do they compare? Convex Finance trades at Rp29,876 (market cap Rp2,96T, Rp140,85M 24h volume), while Spell Token trades at Rp1.39 (market cap Rp271,63M, Rp14,9M 24h volume). The key difference: Convex Finance is far larger — about 10897.2× Spell Token's market cap, and Convex Finance's circulating supply is 99,4M CVX versus 195,2B SPELL for Spell Token. Which is the better fit depends on your goals — on Pluang, investors hold Convex Finance for 29 Days and Spell Token for 44 Days on average.
| CVX | SPELL | |
|---|---|---|
Market Cap | Rp2,96T | Rp271,63M |
Volume (24h) | Rp140,85M | Rp14,9M |
Circulating Supply | 99,4M CVX | 195,2B SPELL |
Typical Hold Time | 29 Days | 44 Days |
What Pluang investors did over the last 30 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 →Spell Token is a reward token associated with abracadabra.money, a lending platform that uses interest-bearing tokens (ibTKNs) as collateral to borrow a USD-pegged stablecoin called Magic Internet Money (MIM). SPELL token can be farmed by providing liquidity in one of the different pools. SPELL can also be staked, and staked tokens accrue a share of the platform fees (interest, borrowing fees, and 10% of the liquidation fee for certain markets), which auto-compound.
Read more on SPELL →