OKX will list ALCX and CVX for spot trading
OKX is pleased to announce the listing of ALCX and CVX on our spot trading markets.
Trading of ALCX and CVX will start on OKX according to the following schedule:
1. ALCX and CVX deposits open at 7:00 am UTC on Nov. 26
2. Spot trading for ALCX/USDT and CVX/USDT opens at 9:00 am UTC on Nov. 26
3. ALCX and CVX withdrawals open at 10:00 am UTC on Nov. 29
Alchemix (ALCX)
Alchemix Finance is a decentralized finance protocol on the Ethereum network that lets users get advances on their yield-farming rewards. To represent the collateral deposited on Alchemix, the platform uses synthetic tokens — e.g., alUSD. ALCX, the native token of Alchemix, gives governance rights to those apart of the Alchemix decentralized autonomous organization.
Asset name: Alchemix
Ticker: ALCX
Total supply: 2,393,060
Circulating supply: 836,681
(Data from Nov. 26, source: CoinGecko)
Convex Finance (CVX)
Convex Finance is a decentralized finance protocol on the Ethereum network that offers users the opportunity to generate extra yield through Curve's boosted rewards system. CVX is the native token of Convex Finance and is currently used for staking rewards. In the future, CVX will also function as the platform's governance token.
Asset name: Convex Finance
Ticker: CVX
Total supply: 100,000,000
Circulating supply: 38,229,733
(Data from Nov. 26, source: CoinGecko)
Risk warning: Trading digital assets involves significant risk and may result in the loss of your invested capital. You should ensure that you fully understand the risks involved and take into consideration your level of experience, investment objectives, and seek independent financial advice if necessary.
For any inquiries regarding this listing, please feel free to contact us in the official OKX Telegram group or via the Support Center.
OKX,
Nov. 26, 2021