What is CVI (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.
How does CVI work?
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.
What is CVI used for?
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.
Where can you buy CVI?
CVI (GOVI) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for GOVI sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting GOVI, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of CVI (GOVI)?
The reported 24-hour trading volume of CVI is $17.50. Volume is a live reading of how much GOVI changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for CVI (GOVI)?
CVI reached an all-time high of $7.67 on May 12, 2021, and an all-time low of $0.001729 on May 12, 2026. It is currently trading -99.98% from its peak and +0.83% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where GOVI sits in its long-run price range.
What is the market cap of CVI (GOVI)?
CVI's market capitalization is currently $26.92K, and it is ranked #8276 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (15.44 million GOVI are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of CVI (GOVI)?
The fully diluted valuation (FDV) of CVI is $55.80K. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of CVI compare against its peers?
Over the past 24 hours, CVI has moved -. Over the past seven days, the change is -13.04%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether GOVI is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare CVI against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store CVI?
Like any crypto asset, the right way to store GOVI depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
