CVI’s New Integration with ZKsync
The Crypto Volatility Index (CVI) is pleased to announce that it has integrated with ZKsync, a trustless Ethereum protocol for scalable payments. As one of the leading Ethereum scaling solutions, ZKsync uses zero-knowledge proofs and on-chain data availability to safeguard users’ funds through its zkRollup technology.
The CVI is a decentralized index that provides future volatility sentiment on crypto assets. The protocol was developed in conjunction with Dan Galai, one of the creators of the popular Wall Street fear index, the $VIX. Since launching in 2019, the CVI has facilitated over $130M in transaction volume and distributed over $1M in platform fees to our community.
With this future integration, the CVI will be the first derivatives project to be integrated into the ZKsync ecosystem. We see this as a huge step in the right direction for the protocol and look forward to working with the ZKsync team.
For all of our updates and to join the conversation, be sure to check out CVI channels:
Telegram (group): https://t.me/cviofficial
Telegram (channel): https://t.me/cvichannel