Convex Finance saw its CVX token rise 22% to $260 million, while trading volume approached $26.66 million. The number of token holders reached a record 32,410, with 500 new holders joining between October 12 and 21, and Token Holder Income totaled roughly $499,000 this month. The protocol’s Total Value Locked increased by about $30 million over the same period, while generated fees rose from $25,626 to approximately $137,430. CVX’s perpetual market funding rate remained positive at 0.021%, indicating that traders are maintaining long positions in anticipation of further gains.
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