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.
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Market Stats
Market Cap
$605.01K
0.96%
FDV
$641.42K
Circ. Supply
30M GOVI
Max Supply
32M GOVI
Total Supply
32M GOVI
Diluted Valuation
$641.49K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$75.52K
-7.84%
Volume (7D)
$529.57K
Volume (30D)
$2.34M
All time high
$7.91
Price Change (1Y)
-85.19%
Additional details
Market details
GOVI vs markets
↘ 90.75%
GOVI vs BTC
↘ 91.76%
GOVI vs ETH
↘ 86.11%
Tags
defi
derivatives
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xeEAA40B28A2d1b0B08f6f97bB1DD4B75316c6107 | |
Polygon | 0x43Df9c0a1156c96cEa98737b511ac89D0e2A1F46 | |
Arbitrum | 0x07E49d5dE43DDA6162Fa28D24d5935C151875283 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0200 | ↗ 0.94% |
1 Day | $0.0199 | ↗ 0.94% |
1 Week | $0.0161 | ↗ 24.62% |
1 Month | $0.0092 | ↗ 118.89% |
1 Year | $0.14 | ↘ 85.19% |
Coinbase insights
Recent trends
The latest GOVI price is $0.0200. Compared to Govi's value of $0.02 from 24 hours ago, there's been a 1% increase, while the current price is 25% up from $0.02 which was recorded one week ago. Govi's all time high is $7.91, which was reached on May 12, 2021. This is a -100% change from its price today.
The current circulating supply of Govi is 30,183,479. This is 94% of its max supply of 32,000,000 GOVI and 94% of its total supply of 32,000,000. The market cap is currently $605.01K, which is a result of multiplying the current price of Govi($0.02) by the total supply(32,000,000 GOVI). The fully diluted valuation of Govi is $641.42K. The diluted valuation of Govi is $641.42K.
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 USD currency in real-time. Get the live price of Govi on Coinbase.
The current market cap of Govi is $605.01K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Govi is $7.91. 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 $75.52K.
Assets that have a similar market cap to Govi include GAMER, Cocos-BCX, stabble, 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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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#4340
Contributors
17
Posts
31
% About Govi
0.002%
Hold times
0 days
X (Twitter)
97.87% bullish
Sentiment
5.0 ★
Highlights
17 unique individuals are talking about Govi and it is ranked #4,340 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Govi has an average sentiment score of 100 out of 5. Finally, Govi is becoming less newsworthy, with 0 news articles published about Govi.
On Twitter, people are mostly bullish about Govi. There were 97.87% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Govi. 2.13% of tweets were neutral about Govi. These sentiments are based on 29 tweets.
On Reddit, Govi was mentioned in 1 Reddit posts and there were 0 comments about Govi. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.