The CVI platform, the first decentralized Crypto Volatility Index for the digital asset market, has recently announced the addition of two new volatility tokens to its growing list of products.
CVI Launches ETHVOL and CVOL
In a Tuesday press release seen by CryptoPotato, the firm noted that the new volatility tokens – ETHVOL and CVOL – are currently available for trading on its platform and secondary marketplaces.
The first Volatility Token, ETHVOL, is pegged to the platform’s Ethereum volatility index, ETHVI, which tracks the implied volatility on ETH, allowing traders to benefit from the fluctuating price movements of the second-largest cryptocurrency.
Available on Uniswap and QuickSwap
ETHVOL is available on the native CVI platform and the Ethereum-based decentralized exchange (DEX) platform, Uniswap V2.
CVOL, on the other hand, is pegged to the CVI index, and it tracks the implied volatility of the two top coins, BTC and ETH. It is currently available on the Polygon-based DEX
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