Convex Finance's total value locked (TVL) increased by $28.98 million over six days, reaching $596.64 million on October 21, a 5.1% gain from October 15. Despite this rise, the TVL was still 4.3% below the $623.54 million recorded on October 1. The CVX token price also rose 9.2% to $2.62 on October 21, with a trading volume of $16.89 million. TVL reflects the dollar value of assets in Convex's smart contracts, influenced by both new deposits and asset price changes. CVX is used for staking and governance within Convex, offering earnings from Curve and Frax liquidity pools and requiring a minimum 16-week lock for vote-locking.
While Convex Finance's TVL rose by nearly $29 million over six days, the CVX token price on Pluang shows a contrasting 3.82% drop in one day to Rp44,854 as of Oct 22, 2026, 19:21 WIB. The market cap stands at Rp4.44 trillion with a 24-hour trading volume of Rp347.89 million, highlighting active trading despite recent price weakness. Notably, Pluang users show a strong sell bias with 73% of order activity selling CVX, contrasting the recent TVL gains reported in the news.
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, indica...
The real-world asset (RWA) sector saw the largest 24-hour gain of 5.93%, coinciding with Bitcoin rising above $83,000 and Ether exceeding $2,400. Bitcoin increased by 1.77% and Ether by 2.64% during this period. Other sectors like NFTs, meme tokens, ...
Bitcoin (BTC) climbed 0.89% to surpass $82,000, with Ether (ETH) also gaining 0.45% near $2,400. The crypto market showed mixed performance: Monero (XMR) and Zcash (ZEC) rose over 2%, while sectors like Layer 1 and CeFi advanced modestly. However, so...
