Home / Convex Finance / Seasonality
Convex Finance seasonality: every month and weekday
Going by median return since 2021, Convex Finance's best month has been July (+19.6%, higher in 3 of 5 years) and its worst August (−16.4%, higher in 1 of 5). Across all 58 full months, it finished higher 31% of the time.
A handful of years per month is a small sample. The “by luck” column says how easily a record like that would turn up if the month were no different from any other.
By month
| Month | Years | Higher | Median | Average | Best | Worst | By luck |
|---|---|---|---|---|---|---|---|
| January | 5 | 2 of 5 | −11.5% | +3.7% | +83% (2023) | −45% (2022) | 100% |
| February | 5 | 2 of 5 | −7.5% | +1.1% | +70% (2024) | −33% (2025) | 100% |
| March | 5 | 2 of 5 | −6.0% | +3.5% | +49% (2022) | −16% (2024) | 100% |
| April | 5 | 1 of 5 | −6.1% | −6.3% | +41% (2025) | −43% (2024) | 68% |
| May | 5 | 1 of 5 | −7.5% | −14.6% | +14% (2024) | −55% (2022) | 68% |
| June | 5 | 1 of 5 | −14.6% | −18.6% | +23% (2024) | −58% (2022) | 68% |
| July | 5 | 3 of 5 | +19.6% | +28.4% | +78% (2025) | −14% (2023) | 33% |
| August | 5 | 1 of 5 | −16.4% | −3.1% | +76% (2026) | −32% (2022) | 68% |
| September | 5 | 1 of 5 | −2.7% | −0.7% | +12% (2023) | −9% (2025) | 68% |
| October | 5 | 1 of 5 | −8.7% | −11.9% | +8% (2022) | −31% (2025) | 68% |
| November | 4 | 2 of 4 | +4.8% | +30.6% | +134% (2024) | −21% (2022) | 59% |
| December | 4 | 1 of 4 | −9.6% | −5.5% | +21% (2024) | −23% (2022) | 100% |
By weekday
| Day (UTC) | Days | Higher | Median daily move | Average |
|---|---|---|---|---|
| Monday | 255 | 50% | −0.04% | +0.10% |
| Tuesday | 255 | 48% | −0.28% | +0.06% |
| Wednesday | 255 | 52% | +0.41% | +0.83% |
| Thursday | 255 | 33% | −1.78% | −1.58% |
| Friday | 256 | 55% | +0.46% | +0.23% |
| Saturday | 256 | 50% | −0.04% | +0.32% |
| Sunday | 255 | 44% | −0.55% | −0.04% |
A month's return runs from the open of its first daily candle to the close of its last (UTC). Only full months are counted. Daily moves are close to close.