Details about Volatility Protocol cryptocurrency
€5
150,000,000
1
Unknown
https://volatility.com/
@DeFiVolatility
Volatility Protocol price charts
VOL exchanges
Volatility Protocol, the crypto
Volatility Protocol (VOL) is a decentralized finance (DeFi) project focused on providing an innovative solution to the issue of stablecoin volatility. It is built on the Ethereum blockchain and offers users a decentralized, non-custodial platform for trading and liquidity provision of volatility tokens.
The point
The main point of Volatility Protocol (VOL) is to enable users to hedge against volatility of stablecoins such as Dai, USDC, USDT, and others. VOL token holders can earn fees by providing liquidity to the platform and can also earn rewards by supporting liquidity pools and voting on governance decisions.
The problem
One of the major challenges associated with stablecoins is their inherent volatility, which can create significant risks for users. Volatility Protocol (VOL) seeks to provide a solution to this problem by offering users a decentralized platform for managing volatility risk associated with stablecoins, thereby creating a more stable and predictable environment for DeFi participants.
Compare VOL and BTC performance
| Timeframe | VOL | BTC |
|---|---|---|
| 1h change | 0 % | -0.0202794 % |
| 24h change | 0 % | -0.623027 % |
| 7 day change | 0 % | 3.57007 % |
| 14 day change | 0 % | -1.77664 % |
| 30 day change | 0 % | 0.907414 % |
| 200 day change | 0 % | 136.014 % |
| Year change | -98.63 % | 146.53 % |