CVI

GOVI Price

What is CVI about?

CVI is a full-scale decentralized ecosystem that introduces a sophisticated "market fear index" to the crypto market. Built on Ethereum and Polygon, it features an index tracking the 30-day implied volatility of Bitcoin and Ethereum. The index ranges from 0 to 200 and is derived using a Black-Scholes option pricing model. This model calculates the implied volatility of cryptocurrency option prices while analyzing the market's expectations of future volatility.

What makes CVI unique?

CVI operates as a permissionless and open-source protocol, enabling any user to contribute to the network's development. The GOVI token serves as the platform's governance token. By staking their GOVI tokens, holders can earn a share of the fees generated by the CVI platform, which are distributed as rewards.

What can CVI be used for?

The index provides insights into market expectations, similar to traditional markets using the VIX. It allows users to understand expected market volatility, develop short-term trading strategies, and hedge portfolios against price fluctuations.

Where can you buy CVI?

GOVI tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade CVI is Uniswap V2 (Ethereum), where the most active trading pair GOVI/WETH has a trading volume of $136.85 in the last 24 hours.

What is the daily trading volume of CVI (GOVI)?

The trading volume of CVI (GOVI) is $138.02 in the last 24 hours, representing a -99.10% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for CVI (GOVI)?

CVI (GOVI) reached an all-time high of $7.67 and an all-time low of $0.001056. It’s now trading -100.00% below that peak and 78.60% above its lowest price.

What is the market cap of CVI (GOVI)?

Market capitalization of CVI (GOVI) is $60,327.50 and is ranked #6862 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of GOVI tokens (32 Million tokens are tradable on the market today).

What is the fully diluted valuation of CVI (GOVI)?

The fully diluted valuation (FDV) of CVI (GOVI) is $60,327.50. This is a statistical representation of the maximum market cap, assuming the maximum number of 32 Million GOVI tokens are in circulation today. Depending on how the emission schedule of GOVI tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of CVI compare against its peers?

With a price increase of 7.40% in the last 7 days, CVI (GOVI) is underperforming the global cryptocurrency market which is up 9.60%, while underperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are up 15.30%.

How to add CVI (GOVI) to MetaMask?

Adding CVI (GOVI) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import GOVI as a token. You can copy GOVI’s contract address (0xeeaa40b28a2d1b0b08f6f97bb1dd4b75316c6107) and import it manually, or if you've installed MetaMask's chrome extension, add GOVI to MetaMask with one click on CoinGecko.

Add GOVI to MetaMask.