Convex is the dominant Curve veCRV aggregator: deposit Curve LP tokens to earn boosted CRV+CVX rewards, or wrap CRV into liquid cvxCRV instead of personally locking it for four years.
Convex is the dominant aggregator on top of Curve. It pools veCRV voting power and hands users liquid, boosted exposure to Curve rewards without locking.
CRV deposited into Convex is locked as veCRV forever (a rolling 4-year max-lock). You receive liquid cvxCRV 1:1 and can stake or trade it — Convex keeps the voting power.
Live signals detected by Sentinel monitors across all five risk classes.
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Curve Finance rewards LPs with a 2.5x CRV boost only if they personally lock CRV as veCRV for up to 4 years — most users either accept the unboosted 1x rate or lock illiquid capital for years.
Convex collectively locks CRV into a single VoterProxy that captures the maximum boost for every depositor, issuing liquid cvxCRV (for CRV stakers) and routing boosted CRV+CVX rewards back to LPs without any individual lockup.
Original veToken aggregator and category definer; dominant veCRV holder by a wide margin (~45–50% of all veCRV); federated 3/5 multisig with signers from four independent ecosystem teams (Convex, Frax, Votium, Llama Airforce); has never been hacked across 5 years of operation.
Convex Finance is a Yield protocol operating on Ethereum, Arbitrum, Polygon, Optimism, Base. Convex is the dominant Curve veCRV aggregator: deposit Curve LP tokens to earn boosted CRV+CVX rewards, or wrap CRV into liquid cvxCRV instead of personally locking it for four years.
DeFi Sentinel rates Convex Finance A with a safety score of 77/100, indicating low-to-moderate risk. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. Convex Finance has 7 audits on record. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.
Convex Finance has a DeFi Sentinel safety score of 77/100 (rating A), last updated May 21, 2026. The score is computed across smart contract & technical risk (30%), economic design & market risk (25%), governance & centralization (20%), sustainability & competitive position (15%), and reputation & social trust (10%).
Convex Finance is deployed on Ethereum, Arbitrum, Polygon, Optimism, Base.
Yes. Convex Finance has 7 audit reports on record from firms including MixBytes, PeckShield, PeckShield. Audit reports and dates are linked under the Resources tab on this page.
