Volta

Project Name

Volta - Simple, liquid volatility markets

Description

Volta is a HyperLiquid-native protocol for trading realized volatility directly via two opposing token pools, VOL(+) and VOL(-). Users mint the side that matches their view: VOL(+) benefits when realized volatility rises, VOL(-) when it falls. No options legs, expiries, or greeks are required.

How It Works

• Dual pools with deterministic rebalancing. Each oracle update computes EWMA realized volatility; collateral shifts between pools proportional to the volatility delta. Token price is collateral divided by supply.

• Oracle integration. Uses HyperLiquid’s native oracle that aggregates spot prices and updates about every three seconds; Volta reads the oracle and updates state before executing any action.

• Volatility measure. Realized volatility is an exponentially weighted moving average of log returns, emphasizing recent moves.

• Native synthetic leverage. Users can select up to 10x exposure. Contracts mint excess tokens, which are escrowed, and positions auto-close if the buffer breaches a downside threshold. No counterparties necessary.

• Fairness and front-running resistance. High-frequency oracle reads and fees make stale-state timing games negative EV.

• Fees. 30 bps on mint; zero on redemption and liquidations.

Demo

• Video demo: https://www.loom.com/share/77aea80428f443b4a2de249c63c08857 

• Demo slides: https://voltafi.xyz/ (scroll down)

Project Links

• Front End Code & Contracts: https://github.com/VoltaFi/

• Whitepaper (PDF): “Volta: Trading Realized Volatility On-Chain” https://voltafi.xyz/Volta%20Whitepaper.pdf 

• Docs: https://voltafi.xyz/docs 

Team

• Joe Hoffmann frontend and product design

• Nick Barry smart contracts

• Connor Pelcher product and business development

Twitter: https://x.com/Volta_Fi