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CVI - The Crypto Volatility Index
CVI Finance operates the Crypto Volatility Index, a decentralized DeFi platform for measuring and trading cryptocurrency market volatility. Its services include volatility trading, liquidity provision, volatility tokens, Theta Vaults, and GOVI staking.
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CVI Finance
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Description
Crypto Volatility Index (CVI) is a platform that allows users to trade volatility tokens, participate in trading competitions, provide liquidity, and earn fee rebates. It offers features like leveraged trading, staking, and a leaderboard for tracking performance.TVL: $115K
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CVI V4
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Description
CVI V4 is an upgraded decentralized crypto volatility trading platform. Its documented innovations include the Hedged Theta Vault for balancing liquidity-pool exposure and reducing funding rates, Ultra CVI, a derivative amplifying the base CVI index by three times, leverage of up to 16x with a compounded potential of up to 48x relative to the base index, and Chainlink low-latency oracles for real-time position management and trade execution.Category: Derivatives
Theta Vault
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Description
Theta Vault, introduced in CVI v3 and built on the CVI AMM, is the sole gateway for adding and removing liquidity from that AMM. It deposits liquidity as collateral, mints and burns volatility tokens, and places them on decentralized exchanges. Because it owns both AMM and DEX liquidity, it receives DEX swap fees, minting and burning fees, time-decay fees, and P&L from CVI index decrement, operating as a structured product for liquidity providers and volatility-token traders.Category: Uncategorized
CVI Platform AMM
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Description
CVI Platform AMM uses provided liquidity to sell volatility according to the CVI value and serves as the counterparty to traders. It accounts for current market demand for volatility and liquidity-provider risk-management metrics.Category: Decentralised Exchange
Volatility Tokens
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Description
CVI’s Volatility Tokens are tokenized long positions designed as composable DeFi primitives. They are pegged to their respective volatility indexes through the CVI platform’s AMM, backed by counterparty liquidity, maintain full or leveraged index exposure, and account for time decay through daily negative rebases using the ElasticToken interface. The platform supports CVI, which tracks the CVI index and trades on Arbitrum and Polygon, and UCVI, a 3x leveraged CVI token.Category: Derivatives
CVI V3
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Description
CVI V3 is the live third version of the CVI platform on the Arbitrum network. It introduces the Theta Vault to provide sustainable and scalable liquidity for CVI volatility tokens across secondary markets and decentralized exchanges, and supports swapping, liquidity deposits and withdrawals, and minting and burning of volatility tokens.Category: Derivatives