cvxCRV is the OG of the derivatives. First of it's kind having been around the longest. I think with Yearn and Stake DAO both introducing some healthy competition, along with bear market, fud, fomo, etc, it come under a bit of pressure peg wise. Compounders being introduced helped a bit but it doesn't change the fact that there is essentially 285m cvxCRV wiht about 12m CRV in exit liquidity. We have seen that pool at 1:1, much lower, and around it's current 90% or so for quite a while. Convex is a smart team so no telling what else they may come up with to help support the peg and what other products they may introduce. sdCRV and yCRV both offer attractive yields right now and if they can maintain peg, will continue to be competitive products.
