Convex Finance - CVX token valuation Background Convex Finance is launched in May 2021 and since then it has become one of the top 5 of all Defi projects in terms of total TVL of $18.1 billion (December 22, 2021). Defi allows crypto asset holders to generate passive income by providing liquidity to a decentralized AMM. One example is Curve Finance, a decentralized exchange that incorporates an AMM into its protocol to allow the permissionless exchange of crypto tokens. Anyone can add his/her ...