Convex Finance vs UMA — how do they compare? Convex Finance trades at Rp22,176 (market cap Rp2,18T, Rp94,06M 24h volume), while UMA trades at Rp6,682 (market cap Rp606,04M, Rp49,01M 24h volume). The key difference: Convex Finance is far larger — about 3597.1× UMA's market cap, and Convex Finance's circulating supply is 98,7M CVX versus 91,7M UMA for UMA. Which is the better fit depends on your goals — on Pluang, investors hold Convex Finance for 29 Days and UMA for 71 Days on average.
| CVX | UMA | |
|---|---|---|
Market Cap | Rp2,18T | Rp606,04M |
Volume (24h) | Rp94,06M | Rp49,01M |
Circulating Supply | 98,7M CVX | 91,7M UMA |
Typical Hold Time | 29 Days | 71 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 →UMA, or Universal Market Access, is a protocol for the creation of synthetic assets based on the Ethereum (ETH) blockchain. UMA allows counterparties to digitize and automate any real-world financial derivatives, such as futures, contracts for differences (CFDs) or total return swaps.
Read more on UMA →