What is CVI(GOVI)?

Basic information about GOVI

Coin name:

CVI

Coin symbol:

Coin introduction:

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: https://cvi.finance/ 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.

Current Price:

$0.002280More coin details

All-time high:

$7.67

All-time low:

$0.001832

GOVI Supply Info and Tokenomics

Circulating supply:

15,439,655

Total supply:

32,000,000

Max supply:

32,000,000

Market cap:

$35.21K

Fully diluted valuation:

$72.97K

What is the outlook and future value of GOVI?

The current market cap of GOVI is $35.21K, ranked 8643 in the market, showing that the market already recognizes the value of GOVI. When a bull market arrives, the market cap of GOVI may continue to grow.

Moreover, if GOVI can play a greater role in real-world applications—such as if the Monero developers can fully empower GOVI and establish partnerships with more business partners to expand its user base—then the long-term value of GOVI will be further enhanced.

What is the price of GOVI in 2027?

According to the historical price performance prediction model of GOVI, the price of GOVI is expected to reach $0.002394 at 2027.

Note: As with any crypto investment, investors should closely monitor GOVI’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get GOVI?

Purchasing GOVI with cash is not the only way to obtain GOVI. If you have enough time, you can get GOVI for free.

Learn how to get Hot rewards for free with GOVI.

Earn free GOVI by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get GOVI airdrops for free.

All crypto airdrops and rewards can be exchanged for GOVI through LBank spot trading.

Buy GOVI starting from $1

What is GOVI used for and how to use it?

The use cases for GOVI may grow with the development of the crypto market and project progress. Currently, you can use GOVI to:

Arbitrage trading of GOVI

GOVI is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many GOVI trading pairs to suit your needs.

Earn yield with GOVI

You can also lend out GOVI or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your GOVI gains.

Send or pay with GOVI

If you want to pay someone with GOVI, you can easily and quickly send GOVI to them using their receiving address.

You can also visit the official website of CVI to learn more use cases of GOVI, such as whether the CVI project supports community/eco apps or buying physical or virtual goods with GOVI.