Today, we are excited to announce that v1 now supports USDC (USD Coin) as collateral.

Liquidity providers can mint volatility tokens using USDC with the web app.

A few notes related to the release:

  • The Volmex smart contract system treats DAI and USDC equally internally.
  • A minor change was made to the core smart contracts to support USDC. A full audit report is available here.

Stay tuned for more developments!

To get involved and stay up to date:

❤️ Volmex Team σ

About is a protocol for tokenized volatility built on Ethereum. Traders can leverage the protocol to express a view on the expected volatility of Bitcoin, Ethereum, and more. Volmex Labs, the builder of, is backed by leading crypto investment and trading firms including Three Arrows Capital, Alameda Research, Robot Ventures, CMS Holdings, Orthogonal Trading, IOSG Ventures, D64 Ventures, DeFi Technologies (NEO: DEFI), Fourth Revolution Capital, and Coral DeFi.