Convex Finance review

Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Convex Finance suits DeFi holders who already hold CRV, CVX or cvxCRV and want to keep control of their keys. It is a non-custodial, liquid staking option covering CRV, CVX and cvxCRV, with vote-locked CVX committed for a minimum period while LP tokens can be withdrawn at any time.

Key facts

Best for
Holders of the Convex ecosystem who want self-custody and flexible LP withdrawals.
Supported assets
CRV, CVX, CvxCRV, FXS, FXN↗
Lock-up terms
16 weeks minimum for vote-locked CVX; LP tokens withdraw anytime↗
Custody
Non custodial↗
Support channels
Email, Help-centre, Community↗
Features
Liquid staking
Official website
convexfinance.com

Facts checked September 26, 2026, 2 sources

Pros and cons

Pros

  • Custody stays with you: the wallet is non-custodial, so the protocol does not hold your funds
  • Liquid staking is the core feature, and LP tokens can be withdrawn at any time
  • Covers CRV, CVX and cvxCRV in one place
  • Support runs through email, help centre and community

Cons

  • Vote-locked CVX carries a minimum lock-up period, while LP tokens can be withdrawn at any time, so only part of a position stays locked
  • Asset coverage is limited to CRV, CVX and cvxCRV rather than a wide coin list
  • Support runs on email, help centre and community only, so live chat and phone help are not among the options
Convex Finance

Ready to try Convex Finance?

Who it suits

  • You already hold CRV or CVX and want to put it to work inside DeFi
  • You prefer to keep your own keys rather than hand custody to a company
  • You can accept a lock-up on the vote-escrowed part of your position

Who should look elsewhere

  • VaultLeap, if you want a simpler stablecoin setup and hold USDC instead of CRV, CVX and cvxCRV
  • Bit2Me, if you want a broader coin list including BTC and ETH alongside CRV, CVX and cvxCRV
  • bunq Crypto Spain, if you want a long staking list of proof of stake coins with a banking app

Frequently asked questions

Is my money held by Convex Finance?+

No. Custody is non-custodial, so your assets stay in your own wallet and the protocol does not take them into a company account. That places the security of your funds on your own keys and on the contracts you interact with.

How long do I have to lock my CVX?+

Vote-locked CVX is committed for a minimum period, so that portion of your position is not free to move on demand. Liquidity provider tokens are different: they can be withdrawn at any time, which gives you a clear exit when you need one.

What can I earn on with Convex Finance?+

The supported assets are CRV, CVX and cvxCRV. Those tokens are what the protocol accepts for its liquid staking and liquidity pools, so a wider coin list is not part of what this product covers.

What kind of product is this?+

The feature set is built around liquid staking, which lets you keep a liquid position while still putting tokens to work. It is a DeFi protocol, so you interact with it through your own wallet rather than an account with a company.

How do I get help if something goes wrong?+

Support runs through email, help centre and community. There is a help centre for reading answers and a community channel for questions, plus email for direct contact. Those are the channels listed for this service.

Is Convex Finance regulated?+

This profile carries no regulator or licence entry, so there is no named authority or protection scheme to point to. The non-custodial design means your funds are not held by a licensed company, and the risks sit with the protocol and the chain.

How does this compare with a custodial earn account?+

A custodial earn product, such as Bit2Me, holds your coins for you and supports coins like BTC and ETH. Here custody is non-custodial and the asset set is CRV, CVX and cvxCRV, so you trade company custody for direct control and narrower coverage.

Sources

Compiled from 2 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Yield.

Convex Finance

Convex Finance

Holders of the Convex ecosystem who want self-custody and flexible LP withdrawals.

See alternatives