Index
#CVI (Crypto Volatility Index)
• Definition: CVI is a cryptocurrency volatility index, analogous to VIX in traditional finance, measuring the expected volatility of Bitcoin and Ethereum over the next 30 days.
• Value range:
– < 40–50: low volatility (calm market)
– 60–90: medium volatility
– 100–120: high volatility (panic, sharp movements)
– 150: extreme situation
• Calculation: based on the prices of options for BTC and ETH, uses a modified Black-Scholes model and aggregates data through oracles.
• Usage by traders:
– Assessing market sentiment (fear/greed)
– Hedging positions
– Trading the index and related instruments (options, futures, volatility tokens)
• Where to find the current value:
– Official website: cvi.finance
– Investing.com, TradingView, Dune Analytics.
Comparison with VIX:
• CVI: BTC + ETH, range 40–200, decentralized calculation.
• VIX: SP 500, range 10–80, centralized calculation.
CVI is an important indicator for understanding the current state of the crypto market.
I would just add that the values 0-200 are not available on all platforms. In BITDO, where I look, the values seem to be from 1 to 5. (I will clarify)