Gate News Bot message, January 04, according to CoinMarketCap data, as of press time, CVX (Convex Finance) is trading at $2.43, up 40.79% in the past 24 hours, with a high of $2.62 and a low of $1.55. The 24-hour trading volume reached $97.7 million. The current market capitalization is approximately $240 million, an increase of $6.96 million from yesterday. Convex is a liquidity staking and yield optimization platform that provides enhanced returns for liquidity providers of protocols such as Curve, Frax, and f(x) Protocol. Users can deposit LP tokens into Convex to receive automated rewards with group bonuses. The platform's total locked value currently stands at $1.11 billion. CVX token holders can lock tokens to participate in governance and support the platform.