Performances
RD Popularity Index
RD Growth Index
Revenue & Burn
Protocol income
$0Buyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Jan 2026 | $0 | -- | -- | -- |
| Dec 2025 | $17 | -- | -- | -- |
| Nov 2025 | $2 | -- | -- | -- |
| Oct 2025 | $290 | -- | -- | -- |
| Sep 2025 | $469 | -- | -- | -- |
| Aug 2025 | $620 | -- | -- | -- |
Comparison
Follow Updates
Follow Lists
People
About IVX
IVX is a decentralized options AMM built on Berachain, focusing on 0DTE (zero-days-to-expiry) options and perpetual futures. Its core business revolves around an implied volatility liquidity pool (IVLP) that dynamically hedges exposure, allowing users to buy or sell daily-expiring options with up to 200x leverage. The platform also integrates an intent-based perps market via Symmio, where solvers compete to execute trades at best prices.
Key competitive strengths include a single self-custodial portfolio wallet supporting cross-margin across options and perps, capital efficiency through dynamic hedging, and a user-friendly design that eliminates liquidation risk for option buyers. The protocol addresses market pain points such as limited liquidity for short-dated options, high slippage in traditional AMMs, and fragmented margin requirements across derivatives.
Regarding development in the last six months (2026-03-01 to 2026-09-01), IVX has progressed from testnet to mainnet deployment on Berachain, with over 130k portfolio accounts created and $8B notional volume during testnet phases. The team has focused on stability and security, gradually expanding asset support and refining incentive mechanisms. No major negative events have been publicly reported during this period, though the protocol remains relatively new with inherent smart contract risks common to DeFi platforms.
IVX, an on-chain options AMM built on Berachain, has marked several milestones with long-term significance. In May 2024, it completed a $1.2 million seed round led by Animoca Ventures and AVID3, with participation from Big Brain Holdings, Web3Port, and others, providing initial capital for protocol development. Shortly after, the Artio testnet launched, enabling users to trade 0DTE options and earn incentives, which helped validate the platform's mechanics and build early community. Additionally, IVX established a fixed token supply of 100 million with a transparent allocation: 56.6% for community incentives over 48 months, 20% for the team, and smaller portions for investors, airdrops, advisors, and market making. This tokenomics design aims to ensure long-term alignment and scarcity, while the roadmap includes TGE, exchange listings, and expansion into perpetual markets via Diem and Levo. These steps form the foundation for IVX's role as a derivatives hub on Berachain.
As of the knowledge cutoff in early 2025, no verifiable progress for IVX between 2026-03-02 and 2026-09-02 could be confirmed. The project's last known milestones were the mainnet launch of LEVO (Feb 2025) and DIEM (Mar 2025) on Berachain, along with testnet campaigns and NFT mints. Official future plans focused on expanding asset support (additional cryptos, NFT indices, RWAs), deepening Berachain PoL integrations (reward vaults, BGT incentives), and enhancing the options/perps suite. However, due to the lack of reliable post-cutoff data, this report cannot confirm any specific developments within the requested timeframe.
Founder: bobdbldr (Twitter: @0xBobdbldr)
COO: Wajahat Mughal (Twitter: @0xMughal) - Previously worked as an NHS doctor, co-founded Spreads Finance, and served as COO at IVX Labs (May 2023 - Jan 2026).