Share this article
Crypto Volatility Index 2.0 Rolled Out With USDC Support
Users can now open USDC positions and stake CVI USDC through the index.
Updated Sep 14, 2021, 1:32 p.m. Published Jul 29, 2021, 12:30 p.m.
Fintech platform COTI revamped the Crypto Volatility Index (CVI) to offer a set of new features including USDC support for staking.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
- The gauge is designed to indicate the level of implied volatility in the crypto market through a decentralized index from crypto options prices. It is similar to the VIX volatility index, often called the fear index, on the S&P 500.
- "A challenge is the creation of a platform and ecosystem to trade the index," a COTI spokesperson told CoinDesk. "The problem here is what works for the VIX cannot work for crypto markets, since the market would always be off balance and illiquid. We solved this by creating an AMM [automated market maker] and [self-adjusting] volatility tokens."
- Staking is fundamental to how the index works because users must be incentivized to make it work, the spokesperson told CoinDesk.
- With the enhancement, users can open USDC positions and stake CVI USDC through the index, an emailed announcement Thursday said.
- Introduced in October 2020, the index initially supported trades and deposits in either ether or tether.
- Volatility tokens have also been introduced as part of CVI 2.0 to be used as a hedging tool by investors.
- The first such token is USDC-ETH, which can be be traded on all Ethereum-based decentralized exchanges.
- CVI 2.0 also includes margin trading on the Polygon network, allowing users to access greater sums of capital.
Read more: First Decentralized Exchange Launches on Polkadot and Kusama Ecosystem
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
These Three Metrics Show Bitcoin Found Strong Support Near $80,000
Onchain data shows multiple cost basis metrics confirm heavy demand and investor conviction around the $80,000 price level.
What to know:
- Bitcoin rebounded from the $80,000 region after a sharp correction from its October all time high, with price holding above the average entry levels of key metrics.
- The convergence of the True Market Mean, U.S. ETF cost basis, and the 2024 yearly cost basis around the low $80,000 range highlights this zone as a major area of structural support.
Top Stories
