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Convex is a protocol that simplifies Curve boosting experience in order to maximize yields.
The first fractional-algorithmic stablecoin
FOR CONTEXT
$217.48M compared to the worldAbout this comparison
This page compares the market capitalizations of Convex Finance (CVX) and Legacy Frax Dollar (FRAX). With Convex Finance currently at $2.19 per coin and a market cap of $204.55M, and Legacy Frax Dollar at $0.9916 with a market cap of $217.48M, applying Legacy Frax Dollar's market cap to Convex Finance's circulating supply produces a hypothetical CVX price of $2.33 — a 1.07x move from current.
Convex Finance: Convex is a protocol that simplifies Curve boosting experience in order to maximize yields.
Legacy Frax Dollar: The first fractional-algorithmic stablecoin
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If Convex Finance had Legacy Frax Dollar's market cap, what would the price be?
If Convex Finance (CVX) had Legacy Frax Dollar's (FRAX) current market cap of $217.48M, each CVX would be worth approximately $2.33 based on the circulating supply of 93,194,518 CVX. That is 1.07x the current CVX price of $2.19.
What is the current market cap of Convex Finance?
Convex Finance (CVX) currently has a market cap of $204.55M, ranking #172 by market capitalization. Each CVX trades at $2.19.
What is the current market cap of Legacy Frax Dollar?
Legacy Frax Dollar (FRAX) currently has a market cap of $217.48M, ranking #168 by market capitalization. Each FRAX trades at $0.9916.
How does CVX compare to FRAX?
Convex Finance's market cap of $204.55M sits slightly above Legacy Frax Dollar's $217.48M. For CVX to reach FRAX's current valuation, the price would need to move 1.07x from its current level.
Is this comparison financial advice?
No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Convex Finance's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.