About Govi
CVI is a full-scale decentralized ecosystem that brings the sophisticated “market fear index” into the crypto market. Built on Ethereum and Polygon, it consists of an index that tracks the 30-day implied volatility of Bitcoin and Ethereum. The index ranges between 0 and 200 and is produced based on a Black-Scholes option pricing model, which computes the implied volatility of cryptocurrency option prices together with analyzing the market’s expectation of future volatility. The Index is live and running, presenting data that can be explored here: Using the index, people can have the same insights of the market that people looking into traditional markets have using the VIX, such as: Understanding the expected Volatility of the market, developing trading strategies for short-term gains, and hedging their portfolio against price fluctuations. CVI operates a permissionless and open-source protocol so any user can participate in the development of the network. The GOVI token is the governance token of the platform, and by staking their GOVI tokens, GOVI holders can also share fees from the CVI platform distributed as rewards.
Market Stats
Market Cap
£539.64K
6.77%
FDV
£427.12K
Circ. Supply
30M GOVI
Max Supply
32M GOVI
Total Supply
32M GOVI
Diluted Valuation
£427.18K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£59.96K
-1.81%
Volume (7D)
£436.71K
Volume (30D)
£1.98M
All time high
£5.91
Price Change (1Y)
-87.01%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Govi has decreased by 0.06% in the last hour and increased by 6.75% in the past 24 hours. Govi’s price has also risen by 16.95% in the past week. The current price is £0.0133 per GOVI with a 24-hour trading volume of £59.96K. Currently, Govi is valued at 99.77% below its all time high of £5.91. This all-time high was the highest price paid for Govi since its launch.
The current circulating supply of Govi is 30,183,479 GOVI which means that Govi has as total market cap of £539,644.72.
Market details
GOVI vs markets
↘ 91.96%
GOVI vs BTC
↘ 92.99%
GOVI vs ETH
↘ 86.75%
Tags
defi
derivatives
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xeEAA40B28A2d1b0B08f6f97bB1DD4B75316c6107 | |
Polygon | 0x43Df9c0a1156c96cEa98737b511ac89D0e2A1F46 | |
Arbitrum | 0x07E49d5dE43DDA6162Fa28D24d5935C151875283 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0133 | ↗ 6.75% |
1 Day | £0.0125 | ↗ 6.75% |
1 Week | £0.0112 | ↗ 16.95% |
1 Month | £0.0084 | ↗ 57.09% |
1 Year | £0.11 | ↘ 87.01% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
The Crypto Volatility Index (CVI) (formerly GOVI) is a decentralized VIX (Volatility Index) for crypto, allowing users to protect themselves against market volatility and losses. It is a full-scale decentralized platform that brings the sophisticated and popular "market fear index" to the crypto market. CVI aims to provide the most reliable DeFi tool suitable for analyzing volatility, hedging portfolios, and earning from being a liquidity provider.
CVI intends to be innovative and decentralized. It also means to be stable, transparent, informative, and reliable for cryptocurrency volatility information. The market fear index tracks the 30-day implied volatility of Bitcoin and Ethereum. The index ranges between 0 and 200. The index range is produced based on a Black-Scholes option pricing model. This pricing model computes the implied volatility of cryptocurrency option prices and analyzes the market's expectation of future volatility. Users can trade the CVI index, provide liquidity to get trading fees, and stake the LP tokens for providing liquidity and the GOVI token for additional rewards.
The GOVI token is an ERC-20-based token and a governance token for the platform. Users who stake the GOVI token on the platform share the platform's fees. GOVI holders may also receive a share of the collected fees. They can vote for the tradable assets, leverage used, deposit amounts, etc.
GOVI stakers can get their GOVI rewards automatically compounded within the CVI platform to benefit the project's long-term supporters. Once a user stakes the GOVI token on the CVI platform, users receive xGOVI, representing a share of the staking pool of the platform. This code of the xGOVI includes an auto-compounding feature, which means users need not claim and re-stake GOVI rewards regularly to increase their rewards. However, they can save the community time and network fees.
The total supply of GOVI is 32M tokens. Dr. Nir Haloani, Anton Suslonov, Yoni Neeman, and Tomer Armarnik are the core team members of the ecosystem.
We update our Govi to GBP currency in real-time. Get the live price of Govi on Coinbase.
The current market cap of Govi is £539.64K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Govi is £5.91. This all-time high is highest price paid for Govi since it was launched.
Over the last 24 hours, the trading volume of Govi is £59.96K.
Assets that have a similar market cap to Govi include Dfyn Network, Deri Protocol, UniLayer, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Govi is 30 million.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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