Convex Finance vs Walrus — how do they compare? Convex Finance trades at Rp22,119 (market cap Rp2,18T, Rp94,06M 24h volume), while Walrus trades at Rp548.19 (market cap Rp1,34T, Rp67,89M 24h volume). The key difference: Convex Finance is the larger of the two by market cap, and Walrus's supply is capped (2,5B / 5B WAL (50%)) while Convex Finance's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Convex Finance for 29 Days and Walrus for 22 Days on average.
| CVX | WAL | |
|---|---|---|
Market Cap | Rp2,18T | Rp1,34T |
Volume (24h) | Rp94,06M | Rp67,89M |
Circulating Supply | 98,7M CVX | 2,5B / 5B WAL (50%) |
Typical Hold Time | 29 Days | 22 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 →Walrus is a decentralized data storage protocol and application development platform that enables apps to manage large data files and rich media content like videos, images, and audio. Built on Sui, it allows for the handling of both on-chain and off-chain data using Move-based smart contracts. Developed by Mysten Labs, Walrus is the first network that permits storage of any data size on-chain at scale. This capability enhances how Web3 projects use their data, supporting the development of diverse on-chain businesses.
Read more on WAL →