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Market Cap:  $331,889,750,59524h Vol:  $104,260,218,884BTC Dominance:  58.2%Cryptocurrencies:  7,130Markets:  29,693

1x Long Bitcoin Implied Volatility Token (BVOL)

$1,691.49 USD (6.05%)
0.16176286 BTC (11.09%)
4.90364088 ETH (15.19%)
Buy
Exchange
Gamble
Earn Crypto
  • Market Cap
    $? USD
    ? BTC
    ? ETH
  • Volume (24h)
    $5,569.65 USD
    0.53264560 BTC
    16.14649257 ETH
  • Circulating Supply
    ? BVOL
  • Total Supply
    82.92590000 BVOL

About 1x Long Bitcoin Implied Volatility Token

BVOL tokens are ERC20 tokens that attempt to track the implied volatility of crypto markets. 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.

1x Long Bitcoin Implied Volatility Token Price

1x Long Bitcoin Implied Volatility Token Price$1,691.49 USD
1x Long Bitcoin Implied Volatility Token ROI
-79.75%
Market Rank#2939
Market CapNo Data
24 Hour Volume$5,569.65 USD
Circulating SupplyNo Data
Total Supply82.92590000 BVOL
Max SupplyNo Data
All Time High
$9,707.33 USD
(May 10, 2020)
All Time Low
$1,586.85 USD
(Sep 21, 2020)
52 Week High / Low
$9,707.33 USD /
$1,586.85 USD
90 Day High / Low
$7,851.33 USD /
$1,586.85 USD
30 Day High / Low
$2,802.56 USD /
$1,586.85 USD
7 Day High / Low
$2,062.33 USD /
$1,586.85 USD
24 Hour High / Low
$1,978.53 USD /
$1,586.85 USD
Yesterday's High / Low
$1,708.88 USD /
$1,587.54 USD
Yesterday's Open / Close
$1,594.75 USD /
$1,685.83 USD
Yesterday's Change$91.08 USD (5.71%)
Yesterday's Volume$5,417.03 USD
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