CVI Finance

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

Counts liquidity on the Platforms and Staking seccions through Platfrom and Staking Contracts

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

CVI Finance's governance or utility token carries a market capitalisation of 32,5 mil US$ based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (32,5 mil US$) is small relative to deposits secured by the protocol (117,8 mil US$); a mcap/TVL multiple of 0.28× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token. A further 1,7 mil US$ sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

CVI Finance is a Synthetics protocol where traders open leveraged, perpetual, or option positions priced off oracle feeds and settled in collateral held by the contract. It is deployed across 3 chains, including Polygon, Ethereum, Arbitrum. The codebase has been independently audited (2 reports on file).

CVI Finance operates on 3 networks (Polygon, Ethereum, Arbitrum), keeping its surface area narrower than chain-agnostic peers. TVL is comparatively balanced across networks: even the largest deployment (Ethereum-pool2) holds only 28% of the protocol's value. Price feeds come from a single oracle provider (Chainlink); an outage or manipulation of that feed would propagate into every market the protocol prices. Two audit reports are published on DeFiLlama, which is in line with typical practice for protocols at this scale. Its token market cap (32,5 mil US$) is small relative to TVL (117,8 mil US$) — a mcap/TVL ratio of 0.28 is often read as the token being structurally undervalued versus the activity it secures.

Verified external resources for CVI Finance — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

CVI Finance is one of 7 Synthetics protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Alchemix, Metronome Synth, Youves, and 3 more. These peer protocols collectively secure 92,3 M US$ in deposits, giving you a frame of reference for whether CVI Finance's own TVL is at the top, middle, or tail of the category.

Alchemix

TVL 33,4 M US$ · 24h -0.07%

Metronome Synth

TVL 27,3 M US$ · 24h +0.12%

Youves

TVL 22,9 M US$ · 24h +0.38%

Usual ETH0

TVL 5,6 M US$ · 24h -0.52%

Rumpel Labs

TVL 2,2 M US$ · 24h +0.54%

Outcome Finance

TVL 983 mil US$ · 24h +0.50%