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Convex Finance surges as holders hit record 32,410 and TVL rises by $30M amid bullish market signs

Protocol Fundamentals
21 Oct 2026
AMBCrypto
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Bullish
Convex Finance surges as holders hit record 32,410 and TVL rises by $30M amid bullish market signs

Convex Finance (CVX) saw a 22% value increase to $260 million, driven by a record 32,410 token holders and a $30 million rise in Total Value Locked (TVL). Token Holder Income reached $499,000 this month, while protocol fees jumped to $137,430, indicating growing platform use. Positive Funding Rate at 0.021% suggests traders expect continued price gains, supporting a bullish outlook for CVX in the near term.

Convex Finance (CVX) is trading at Rp46,948 on Pluang as of Oct 22, 2026 06:21 WIB, showing a strong 10.25% gain in one day. The market cap stands at Rp4.73 trillion with a 24-hour trading volume of Rp543.96 million. Despite the recent rally, 73% of Pluang users are selling CVX, while 27% are buying, and the typical hold time is 30 days.

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