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1x Long Bitcoin Implied Volatility Token Crypto Coin Rank 2755
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1x Long Bitcoin Implied Volatility Token
1x Long Bitcoin Implied Volatility Token
BVOL Coin Values BVOL

1x Long Bitcoin Implied Volatility Token valuesUSD Price
$ 1,931.96

1x Long Bitcoin Implied Volatility Token BTC Price
0.16892947

1x Long Bitcoin Implied Volatility Token 24h Vol
$ 10,572

1x Long Bitcoin Implied Volatility Token Market Cap
$ 0

24h Vol
1 BTC
1 H
0.07 %
24 H
2.7 %
7 d
-3.68 %
Today 1x Long Bitcoin Implied Volatility Token price in US dollars is currently 1,931.96 USD, and if converted to Bitcoin is 0.16892947 BTC. A total of 0 coin's are currently circulating in the Market. 1x Long Bitcoin Implied Volatility Token prices are currently experiencing a change of 2.7 %, check all cryptocurrency. Over the past 24 hours 0.000 M US dollars 1x Long Bitcoin Implied Volatility Token has been traded on Crypto Exchanges. Get 1x Long Bitcoin Implied Volatility Token's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
1x Long Bitcoin Implied Volatility Token
Symbol
BVOL
Algorithm
ETH Token
BTC Price
0.16892947 BTC
BTC Market
0 BTC
BTC 24h Vol
1 BTC
Total Coins Mined
0 BVOL
1h
0.07 %
24h
2.7 %
7d
-3.68 %
Description

1x Long Bitcoin Implied Volatility Token Crypto ICO Description

BVOL tokens are ERC20 tokens that attempt to track the implied volatility of crypto markets. BVOL tokens get their exposure to implied crypto volatility using FTX MOVE contracts.

There are two BVOL tokens: BVOL and iBVOL. BVOL attempts to track the daily returns of being 1x long the implied volatility of BTC; iBVOL attempts to track the daily returns of being 1x short the implied volatility of BTC.

Each BVOL token gets its price action by trading FTX MOVE contracts. For instance, say that you want to create $10,000 of BVOL. To do so you can send in $10,000, and the BVOL account on FTX buys $10,000 worth of FTX MOVE contracts. Thus, BVOL is now 1x long MOVE.

You can also redeem BVOL tokens for their net asset value. To do that, you can send your $10,000 of BVOL back to FTX, and redeem it. This will destroy the token; cause the BVOL account to sell back the $10,000 worth of MOVE contracts, and credit your account with $10,000.

This creation and redemption mechanism is what ultimately enforces that the leveraged tokens are worth what they're supposed to be.

Technology

1x Long Bitcoin Implied Volatility Token Crypto Technology

Sorry, detailed technology about 1x Long Bitcoin Implied Volatility Token is not currently available

Features

1x Long Bitcoin Implied Volatility Token Crypto Features

Sorry, detailed features about 1x Long Bitcoin Implied Volatility Token is not currently available


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