The Crypto Volatility Index ($GOVI) — Announcing V2
V1 — inception
We have released the CVI V1 beta version back in October 2020, and have been optimizing and improving it since, welcoming new users to the platform and gradually growing the total value locked, number of trades and all growth parameters. The CVI trading platform has been live on Ethereum mainnet since March and has been generating cash flow for $GOVI holders.
Volatility trading — a growing trend
CVI is the first decentralized platform to trade market volatility, the same way traders do on traditional markets with the VIX. Our belief is that Crypto Volatility trading will be just as big on crypto as volatility trading is huge on traditional finance. In fact, since we have launched the first platform, we noticed that this idea is taking shape, as the biggest crypto funds and investments arms, such as Alameda and Coinbase ventures, are seeking investments in volatility products coming later this year.