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FVIX is a decentralized trading platform powered by a native volatility engine and algorithmic stablecoin KUSD.

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Tl;Dr:

• KittyPunch is bringing all of its DeFi products underneath a single brand and app - FVIX
• At its core, FVIX is built on top of two primary pillars: PunchVIX volatility protocol and KUSD, an upcoming algorithmic stablecoin.
• FVIX has a single protocol token, FVIX (FVIX), that captures value from all fee generating activities.

Over the past year, KittyPunch has been heads down developing an ever-increasing suite of products and protocols to facilitate the DeFi landscape on Flow EVM, the blockchain home to Disney, the NBA, and other major brands.

In this time, these products have captured ~$40M in TVL and facilitated over $150M in trading volume.

While these are decent numbers given the current chain adoption levels, we are ready to take things to the next level to create onchain mechanisms that work to capture, and maintain, capital flows from inside Flow and beyond.

To achieve this, we are consolidating all of our apps/products underneath the FVIX brand in a singular app to further elevate the user experience, create fast-access DeFi lego blocks, and drive awareness/attention to the FVIX token, which overlays all of KittyPunch’s DeFi products.

What’s Inside the FVIX App

Before we get into the net new / exciting upcoming stuff, it’s important to understand that our various KittyPunch DeFi products like PunchSwap, StableKitty, Farms, Vaults, etc. will all live inside the FVIX app. The current interfaces will exist for a time, but will eventually be sunsetted to allow for a consolidated user journey.

The core KittyPunch app will maintain and build on its focus of Kitty Points, Crates, PFP NFTs, and the Passport system. This is all building up to something cool, but this is secret now.

FVIX

The FVIX trading interface will overlay liquidity from all of the AMM/CLMM protocols we have built and offer users the best routing possible via AggroKitty. Farms and Vaults will be quickly accessible within the FVIX app, and liquidity management will seamlessly combine all LPing types (V2, V3, StableKitty).

PunchVIX

PunchVIX is the native volatility protocol built into FVIX that works directly with PunchSwap to create market-arbitrage driven volatility farms. You can read more about how it works here.

PunchVIX V1 has had a good initial launch on PunchSwap, with thousands of dollars of rewards earned by participants and a TVL of the protocol sitting at around $300K, on average. During this initial period, we have tracked user behavior and protocol functionality to guide our thinking on the next iteration of PunchVIX (V2).

V2, which will be released natively inside of the FVIX app, will hit on the following concepts:

• Built on top of KUSD, the upcoming KittyPunch algorithmic stablecoin. All markets will leverage KUSD as a primary LP pair.