Convex Finance
Liquidity · Vaults · CVX
Convex lets Curve LPs and CRV holders earn boosted rewards without locking CRV themselves. It aggregates veCRV voting power to maximize gauge boosts and auto-compounds CRV/CVX rewards for depositors.
Boosted Curve yield without locking CRV yourself.
CVX price
$1.18
+2.3% 24h
Latest data · 15 min delay
Competitors
Ranked top→bottom — who competes with Convex Finance and how they differ.
| # | Competitor | Positioning | Similarities | Differentiator |
|---|---|---|---|---|
| 1 | Aura Finance | The direct analogue of Convex, built on Balancer instead of Curve. | Aggregates veBAL (via auraBAL) and vote-locks its token into vlAURA to control Balancer gauge weights, mirroring Convex's cvxCRV/vlCVX model and boost-without-locking value proposition. | Operates on Balancer's veBAL rather than Curve's veCRV, and controls a smaller share (~29%) of its underlying vote-escrow supply than Convex does of veCRV. |
| 2 | Yearn Finance | Long-standing yield aggregator and a peer veCRV holder competing for Curve boost. | Also accumulates veCRV (via yveCRV/yCRV) and auto-compounds Curve/Convex yields for depositors; a rival for control of Curve emissions. | A broad multi-strategy vault platform rather than a Curve/Convex-specific boost aggregator; often routes strategies through Convex itself rather than competing purely head-to-head. |
| 3 | StakeDAO | Liquid-locker competitor holding the third-largest veCRV position. | Offers liquid-locker wrappers (sdCRV) and directs an accumulated veCRV bloc over Curve gauges, competing directly for the same veCRV mindshare. | Holds a materially smaller veCRV share than Convex and spans multiple vote-escrow ecosystems (Balancer, Frax, Angle) via its liquid-locker suite. |
| 4 | Beefy | Multi-chain auto-compounding yield optimizer. | Both in Liquidity (Vaults). | One of the broadest multi-chain vault footprints in DeFi (20+ chains), with fully on-chain, community-audited auto-compounding strategies. |
| 5 | Arrakis Finance | On-chain market making and LP infrastructure. | Both in Liquidity (Vaults). | Tokenless LP-management infrastructure used by protocols/DAOs to run professional, on-chain market-making vaults. |
| 6 | Maverick Protocol | Dynamic-distribution AMM with automated liquidity modes. | Both in Liquidity (Vaults). | Automated liquidity 'modes' move concentrated positions with price, blending CLMM efficiency with hands-off LPing. |