Convex Finance · Ethereum

CVXCRV

Overview

The Convex Finance CVXCRV pool on Ethereum is a liquidity position token (LP token) that generates yield from providing liquidity to the Curve CRV gauge. Users earn rewards through staking their LP tokens in this protocol, which optimizes returns across various DeFi platforms. Total APY stands at 18.06%, entirely comprised of reward incentives with no base yield component. Over the past week, the APY has risen by 3.27% and over the last month it increased by 1.24%. This current rate is above the 30-day mean of 19.34%. TVL in this pool amounts to $34M with no reported change over the past week. The primary risk exposure here involves impermanent loss due to its multi-asset nature, which can occur if market conditions shift against the LP token's value. This liquidity depth supports a robust yield generation mechanism for users participating in Convex Finance’s reward programs.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Impermanent loss

  This pool holds multiple assets, so price divergence between them can reduce your USD value below what holding the assets separately would yield.

• Yield variability

  Current APY is 15.36%; 30-day mean is 22.88%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 56% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.