$CVX is one of the most important “yield routing” tokens in DeFi because it sits on top of Curve and helps direct where liquidity rewards go. When $CVX moves, it’s often a signal that traders are watching DeFi incentives, veCRV wars, and stablecoin liquidity again.

Why it can be pumping: rotation into DeFi blue chips, renewed Curve activity, and “yield season” narratives.

What to watch: Curve TVL trend, Convex revenue/fees, and any major gauge/bribe changes.

Risk: DeFi tokens can dump fast if liquidity dries up or if incentives cool off.

CVX is not a hype coin — it’s a “liquidity power” coin. If DeFi catches momentum, CVX usually shows up early.

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CVX

1.781

-6.16%