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The first portfolio risk capable platform for Options & Futures trading in DeFi, offering 1000x+ leverage based on margin offset.

Multichain from day one; users can connect, deposit USDC & trade from several chains including Ethereum, Arbitrum, Base and Optimism.

Deploying protocol on Arbitrum.
Incorporated in Zug, Switzerland.

CRYPTO
VALLEY
EXCHANGE

Testnet Open: On-chain Futures Trading is live!

Be among the first to explore CVEX testnet, an on-chain futures trading platform – the market’s first and only. Discover our platform, earn achievements, and share your valuable feedback to help us enhance your trading journey.

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[ AFFILIATE ]

Earn USDC and Rewards with referrals

Join our CVEX Affiliate Program and start earning XPs for exclusive rewards!

When you invite friends, you’ll secure a lifetime 20% share of their trading fees, plus an additional 10% from your 2nd-degree referrals.

The best part?

All your connections will enjoy a 10% discount on commissions when they sign up using your referral code.

Total users enrolled
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[ WHO CAN TRADE ON CVEX ]

MULTICHAIN: ETHEREUM, ARBITRUM, OPTIMISM & BASE

CVEX will allow collateral deposits from any native USDC-supporting blockchain with initial support for users on Ethereum, Optimism, Base and Arbitrum depositing USDC using common wallets including MetaMask.

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[INCREASED TRADING WITHOUT INCREASED RISK]

MORE THAN 1000x LEVERAGE

You have the opportunity to trade with huge leverage across your portfolio and access significantly higher amounts of transactions simultaneously.

74x

You hold a position of Long $500 of Bitcoin Dec 23 Futures.  With a Margin requirement of $25.25, a 1:19.8 ratio.  This Margin requirement can be reduced by adding an correlating trade:

You add a short position of $392 worth of Dec 23 Ethereum Futures. The correlation offset for these is nearly 50%. The collateral requirement is reduced by the correlated position. Margin requirement is now $12.00.

Effective leverage for this simple portfolio 74X

Snowy mountain with a blue tone in a winter landscape

291X

You go long $500 worth of Dec 23 BitcoinFutures.You buy a Put Ladder of options to capture downside value, each for $1000 notional. Puts @25,000; 23,000; 20,000; respectively. Total Notional position, $3500.

The margin on a CEX or DEX with no portfolio risk is circa $350. Put option margin requirement produces a delta offset against the future of 76%. The margin requirement is reduced to $12.

Effective leverage for this simple portfolio is 
291X and 30 times better than a typical CEX.

Snowy mountain with a blue tone in a winter landscape
[ more than just crypto ]

Trade crypto & commodities

Seamlessly merging crypto and commodities, let you explore an array of assets, from almost all cryptocurrencies in the market to commodities like Gold, Silver and Coffee.
All you need to have is USDC.

37028
1.524
7.426
37027
5.902
5.902
37026
2.674
2.674
37025
0.086
2.760
Green oil barrelSilver ingotPinkBitcoinPurple Ethereum coinBar chart with 7 bars in green and pink colors
Arm with palm facing upward
[ real-time adjustment ]

Var portfolio management

Value-at-Risk calculations

As positions open, your required collateral adjusts in real-time through advanced risk evaluation known as Value-at-Risk (VaR) calculations, all without intervention.

VaR calculations analyze potential market fluctuations, ensuring collateral utilization for margin is appropriate to the market volatility. Manage risk by adding or withdrawing collateral, while a liquidation protocol protects users from failures of other market users.

Ethereum
Open position
- 17.6
Purple Ethereum coin
Entry point
$1,704.10
Isolated Margin Equivalent
$170.41
Bitcoin
Open position
1.0
Pink Bitcoin coin
Entry point
$30,104,10
Isolated Margin Equivalent
$3,010.41
Coin silver
Actual Portfolio Risk
Margin
$9.29
[ reducing collateral requirement ]

Cross margin

Margin capability

CVEX offers cross margin capability, with margin offset given by historical correlation for futures with the addition of delta offset for options. This significantly reduces the collateral requirement, with bigger books of positions benefiting the most from offsets.

Variation margin, allocation of collateral between users pools is handled dynamically and in real-time, meaning profits from positions can be immediately realised.

Weighted scale with coins at each corner
[ decentralized, fast & efficient ]

Your money is only yours

Your Money, Your Control

Your funds are secured in smart contracts, not third-party accounts.

Zero Fees Withdrawals

Preserve your funds with commission-free deposits and withdrawals.

Efficient Trading Costs

Trade smartly from 0.01% commissions, boosting profit retention.

Gas Free Trades

Uninterrupted trading, free from gas fees.
[ Competitive overview ]

How we differentiate

dex
cex
Derivative Types De
Perps, Futures & Options
Perps
Perps,futures, and options
Margin approach
Cross-variation margin
Isolated
Both isolated and
cross-variation
Fee
-0.01% / 0.03%
0.02% / 0.05%
0.02% / 0.04%
Effective leverage
Over 1000x
Up to 20x
Up to 125x
Collateral
VaR-based collateral
Loan with interest
Good faith deposit
Trading gas fee
No
Yes
No
[ RESEARCH AND FINDINGS ]

ANALYTICAL INSIGHTS CHART

Analytical Insights Chart
cvex
cex
dex

This chart is an analytical overview based solely on our research and findings, providing insights into the CVEX, CEX and DEX platforms.

Analytical Insights Chart
[ unprecedented market size ]

A MASSIVE OPPORTUNITY

Revolutionizing the world’s largest asset market. Global derivatives totals to $132,000,000,000,000 ($132 trillion).

Derivatives pose a massive opportunity to drive institutional crypto adoption, the crypto derivatives market will be the largest crypto market.

True decentralized, on-chain futures & options trading offers a wealth of opportunity.

Source: (1) FIA.org, Total Exchange Traded Derivatives (ETD), January 2023, ±$132 Trillion Based On A 100,000 Average Notional Value. (2) BIS.org, Global OTC Derivatives Market, H1 2022, ±$632 Trillion.

Holographic Earth with blue tone
[ EXPERTS ACROSS INDUSTRIES ]

Team behind cvex

[ leading layer 2 technology ]

SCALING LAYER-2 WITH ARBITRUM

Efficiency

Fully Carbon Neutral

Speed

40,000 TPS

Economical

Low fees

Accessible

Built on Ethereum

Scalable

Largest L2 on Ethereum
[ You asked, we anwsered ]

Frequently asked questions

What is Crypto Valley Exchange (CVEX)?

Crypto Valley Exchange (CVEX) is a pioneering force in the Decentralized Derivatives Exchanges (DDEX) space, offering a novel approach to futures and options trading within the decentralised finance.

What are the fees associated with CVEX?

CVEX offers zero fees for withdrawals, efficient trading costs starting from 0.00014% commissions, and gas-free trades, which means you won't be charged for gas fees.

What's the advantage of using CVEX over other exchanges?

CVEX offers a variety of advantages, including high leverage (up to 1000x), VaR-based margin calculations, and a unique collateral system. It also supports both crypto and commodity trading, all while ensuring funds are secured in smart contracts.

Who is behind CVEX?

The CVEX team is led by experienced professionals in the crypto and blockchain industry. Mathias Lundoe Nielsen serves as the Chief Executive Officer, James Davies as the Chief Product Officer, and Ivan Ivashchenko as the Chief Technology Officer.

How does CVEX handle risk management?

CVEX uses Value-at-Risk (VaR) calculations to adjust your required collateral in real-time as positions open. This ensures that your margin is appropriate to market volatility. Additionally, we offer cross-margin capability and a liquidation protocol to protect users.

How can I stay updated on CVEX news and developments?

You can join the CVEX waitlist to get early access and stay informed about the latest news and developments from the CVEX team.

Does CVEX offer a referral or affiliate program for users to earn rewards by inviting others?

CVEX offers an affiliate referral program where users can earn a percentage of referred users trading fees and XP for future rewards by referring other users to the platform.

[ WHO CAN JOIN ]

STAY UP TO DATE

Stay up to date with all the latest news and developments from the CVEX team. Join the waitlist to get Early Access.

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