Convert Polygon MATIC to Convex Finance CVX
MATIC to CVX: 1 Polygon converts to 0.0738 CVX as of September 17 at 1:04 PM
About MATIC and CVX
Polygon is falling, while Convex Finance is climbing this week. The current MATIC to CVX conversion rate is 0.0738. Inversely, this means that if you convert 1 CVX you will get 13.55 MATIC. The conversion rate of MATIC/CVX has decreased by 0.73% in the last hour (CVX/MATIC increased by 0.73%). In the last 24 hours, MATIC/CVX shrunk by 3.98%, while CVX/MATIC grew by the same amount.
The exchange rate of Polygon is decreasing. The current value of 1 MATIC is 0.0738 CVX. In other words, to buy 5 Polygon, it would cost you 0.3689 CVX. Inversely, 1 CVX would allow you to trade for 13.55 MATIC while 50 CVX would convert to 677.70 MATIC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.93%. Meanwhile, in the last 24 hours, the rate has changed by 4.16%, and that the highest exchange rate of 1 MATIC to CVX was 0.0773 CVX and the lowest 24 hour value was 1 MATIC for 0.0720 CVX. Last month, 1 MATIC was worth 0.0587 CVX. Today, it's up 20.46%. Looking back a year, Polygon has changed by 0.19 CVX. That means that in a single year, the value of Polygon has shrank by 162.2%.
Polygon Market Stats
Polygon was formerly called Matic Network. Polygon (MATIC) is an Ethereum token that powers the Polygon Network, a scaling solution for Ethereum. Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain. Users can deposit Ethereum tokens to a Polygon smart contract, interact with them within Polygon, and then later withdraw them back to the Ethereum main chain. The MATIC token is used to pay transaction fees and participate in proof-of-stake consensus.
Convex Finance Market Stats
CVX is the ERC-20 utility token of Convex Finance, which permits Curve Finance liquidity providers to earn boosted rewards. CVX tokens function as Convex Finance’s governance token, and can be locked in exchange for a portion of the platform's earnings.