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)