Convex is the protocol that turned Curve's boost math into public infrastructure: one of the largest holders of voting power in the Curve ecosystem since 2021, the venue where a majority of Curve liquidity actually stakes, and the reason an ordinary depositor earns the maximum boosted rate without locking a single CRV of their own.
The mechanism is collective and mechanical. Convex locks CRV permanently, pools the boost that lock earns, and passes it to every LP token staked through it, paying rewards in CRV and CVX on top of what the pool already pays. cvxCRV gives the locked position itself a liquid form that stakes for a share of platform revenue. Nothing about the payout is discretionary: reward rates are set by contracts, streamed per second, and readable by anyone, which is why billions in Curve liquidity has routed through it for years.
Streamed is not the same as received, and that is where the work lives. Rewards accrue every block but sit unclaimed until someone pays the gas, and the claim you postpone through three gas spikes quietly stops compounding. The rate on a pool decays as gauge votes move elsewhere, so the pool that led last month can be mid-pack when you next check. A cvxCRV stake keeps earning while its reward mix drifts. None of it fails loudly; it just underperforms the person who never looks away.
Every number Convex keeps about a position is a step in a plug: the staked balance in every reward pool, the rate each pool is paying this second, the exact rewards claimable right now, the tokens they arrive in. Deposits, stakes, withdrawals, and claims run when a condition is met rather than when a person is awake. A plug compounds a position the way the contracts stream it: continuously, by rule.
Rewards claimed the moment they outweigh the gas to collect them, and never before. A stake unwound when its rate decays below the alternative and redeployed in the same breath. Idle LP tokens staked the block they land instead of the week they are remembered. A cvxCRV position that compounds on a schedule no one has to keep.
The boost was always automatic; that was the whole point of Convex. The positions that outperform there extend the same principle one level up, and next to them a manually claimed position is just yield leaking on a timer.
Claim cvxCRV staking rewardsClaim cvxCRV staking rewardsClaims accrued CRV, CVX, and 3CRV rewards from the cvxCRV staking pool.Claims accrued CRV, CVX, and 3CRV rewards from the cvxCRV staking pool.
Claim rewardsClaim rewardsClaims accrued CRV, CVX, and extra rewards from a Convex pool.Claims accrued CRV, CVX, and extra rewards from a Convex pool.
Deposit and stakeDeposit and stakeDeposits Curve LP tokens into Convex and stakes them in one step.Deposits Curve LP tokens into Convex and stakes them in one step.
Get claimable CRVGet claimable CRVReads the CRV a Convex pool has accrued for the socket and not yet claimed.Reads the CRV a Convex pool has accrued for the socket and not yet claimed.
Get claimable staking CRVGet claimable staking CRVReads the CRV the cvxCRV staking pool has accrued for the socket and not yet claimed.Reads the CRV the cvxCRV staking pool has accrued for the socket and not yet claimed.
Get CRV reward rateGet CRV reward rateReads the pool-wide CRV emission rate per second of a Convex pool.Reads the pool-wide CRV emission rate per second of a Convex pool.
Get staked balanceGet staked balanceReads the Curve LP balance the socket has staked in a Convex pool.Reads the Curve LP balance the socket has staked in a Convex pool.
Get tokensGet tokensReads the staking token and reward token addresses of a Convex pool.Reads the staking token and reward token addresses of a Convex pool.
Stake cvxCRVStake cvxCRVStakes cvxCRV with Convex to earn CRV, CVX, and 3CRV rewards.Stakes cvxCRV with Convex to earn CRV, CVX, and 3CRV rewards.
Unstake cvxCRVUnstake cvxCRVUnstakes cvxCRV from Convex, claiming pending rewards on the way out.Unstakes cvxCRV from Convex, claiming pending rewards on the way out.
WithdrawWithdrawUnstakes from a Convex pool and unwraps back to Curve LP tokens, claiming rewards.Unstakes from a Convex pool and unwraps back to Curve LP tokens, claiming rewards.