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Convex Finance Bug Causes CVX Token to Sink on Forced Token Unlock

After a smart contract exploit, locked CVX tokens flooded the market, dragging down prices.

Updated May 11, 2023, 6:08 p.m. Published Mar 4, 2022, 10:06 p.m.
Convex users are battling through excess liquidity. (Jeff J Mitchell/Getty Images)
Convex users are battling through excess liquidity. (Jeff J Mitchell/Getty Images)