Liquidity providers (LPs) deposit funds into Convex Finance and receive a return on investment (supply-side fees).

Convex Finance is an asset management and staking protocol built on Ethereum. Convex Finance launched in May 2021.

CVX tokenholders own and govern the protocol. They currently take a cut of the total yield generated (revenue).

governance

github

twitter

discord

etherscan

website

Asset management

Convex Finance

# Convex Finance Maximum token supply Methodology

## 1. Overview

The Convex Finance token supply maximum metric represents the theoretical maximum number of CVX tokens that can ever exist according to the protocol's tokenomics design. This metric answers the business question "What is the hard cap on CVX token supply?" and provides a reference point for calculating metrics like token supply utilization or remaining mintable tokens. The calculation uses hardcoded values based on the protocol's official tokenomics specifications rather than being derived from on-chain data.

## 2. Data sources

The metric relies on the following data sources:
- **Protocol documentation**: Convex Finance's official tokenomics specifications and whitepaper
- **Token contract specifications**: The maximum supply parameters defined in the CVX token contract
- **Launch date information**: Official protocol launch date from governance or documentation sources

## 3. Step-by-step calculation

### Component A: Maximum supply specification
- **Purpose**: Define the hard-coded maximum token supply and launch date for Convex Finance
- **Logic**: The methodology sets a fixed maximum supply of 100,000,000 CVX tokens based on the protocol's tokenomics design. The token launch date is established as May 17, 2021, marking when the CVX token became active
- **Key fields**: The `token_supply_maximum` field contains the value 100,000,000, the `timestamp` field is set to '2021-05-17 00:00:00.000000 UTC', and the `timestamp_grain` is set to 'day' for daily reporting granularity

### Final aggregation
- **Combining components**: Since this metric uses hardcoded values, there are no components to combine - the maximum supply value remains constant
- **Currency conversion**: No currency conversion is needed as this metric represents token quantity, not monetary value
- **Time aggregation**: The metric uses a fill-forward strategy, meaning the maximum supply value of 100,000,000 is propagated to all dates from the launch date (May 17, 2021) forward
- **Final calculation**: The final metric value is simply the hardcoded maximum supply of 100,000,000 CVX tokens, with metadata indicating this represents Convex Finance's token supply maximum with daily granularity and fill-forward time series handling

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Maximum number of tokens that can exist under the current token economics.

Convex FinanceCVX

Maximum token supply

Maximum token supply

Competitive landscape