Try Quests to earn cryptoParagraph
Paragraph
The next chart shows engagement metrics on Convex Finance. Included are unique addresses having interacted with any of the following contracts:
- CVX Rewards : these users are staking CVX, getting rewards or withdrawing CVX.
- cvxCRV Rewards : these users are staking cvxCRV, getting rewards or withdrawing cvxCRV.
- Booster Contract : user deposits to the Booster contract.
- User deposits to the Convex Finance CRV Depositor Contract.
- Users claiming ZapRewards on ClaimZap New or ClaimZap Old.
- Users locking CVX on the new or old contracts.
- Users locking FRAX in the cvxFRAX contract
Percentage of users relocking their CVX tokens
Monthly Unique Users
More than 45% of addresses who have locked CVX once have re-locked the tokens again. In fact, the average number of re-lockings for these users is over 5.
The next chart shows monthly total transactions against the contracts previously listed. The price of the CVX token is also shown.
Total Value Locked USD
The overall value of crypto assets deposited in the protocol. How should the Total Value Locked (TVL) of this protocol be calculated?
$13,3 billion TVL according to website.
Monthly Swaps on Sushiswap
The price of CVX does not seem to be correlated with monthly active users and transactions.
The blue bars represent monthly swap volumes (in USD) on the Sushiswap CVX-wETH pool.
The blue line shows the monthly number of swaps on that same pool.
In the last year, monthly unique convex users have slowly decreased.
The light bars show monthly swap volumes (in USD) on the Sushiswap cvxCRV-CRV pool.
The red line shows the monthly number of swaps on the pool.
Paragraph
Paragraph
could do cvx airdrop claims: https://etherscan.io/address/0x2E088A0A19dda628B4304301d1EA70b114e4AcCd
Could do rewards claimed: https://docs.convexfinance.com/convexfinance/guides/claiming-rewards
Source: convexfinance.com