Bridging the gap between traditional finance and DeFi protocols seems to be the need of the hour, and Chainlink’s recent integrations seem to be facilitating just that.

Blockchain-powered Fintech company COTI recently launched a new Crypto Volatility Index (CVI) for DeFi, one that enables traders to profit from market volatility. The company is in the news again after it announced the integration of Chainlink oracles to the Index in order to decentralize how it is calculated, as well as to make the CVI available across other platforms.

According to COTI, this “helps CVI realize its ultimate vision of being a decentralized, stable, transparent, informative, and replicable benchmark for cryptocurrency volatility information.”

CVI, which is also referred to as the “Market Fear Index,” is designed to determine the market’s expectations of future volatility over the next 30 days.

Bridging the gap between traditional finance and DeFi protocols seems to be the need of the hour, and Chainlink’s recent integrations seem to be facilitating just that.

Blockchain-powered Fintech company COTI recently launched a new Crypto Volatility Index (CVI) for DeFi, one that enables traders to profit from market volatility. The company is in the news again after it announced the integration of Chainlink oracles to the Index in order to decentralize how it is calculated, as well as to make the CVI available across other platforms.

According to COTI, this “helps CVI realize its ultimate vision of being a decentralized, stable, transparent, informative, and replicable benchmark for cryptocurrency volatility information.”

CVI, which is also referred to as the “Market Fear Index,” is designed to determine the market’s expectations of future volatility over the next 30 days.

Source: Amb Crypto

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