About the project

IVX is a hub for derivatives on Berachain, initially launching with two core products:

Diem – A zero-day-to-expiry options AMM, allowing users to trade BTC, ETH, and BERA with leverage of up to 500x and no liquidations. Diem is an AMM-based options DEX, where traders are on one side and LPs on the other.

IVX introduces IVLP, a first-of-its-kind liquidity product for options.
IVLP is a basket-like index containing BTC (20%), BERA (20%), ETH (10%), and HONEY (50%), providing users with a balance between stable assets and market exposure.
IVLP earns from protocol trading fees, which IVX then reinvests into validator incentives, returning premiums to users in the form of $BGT.

Currently, a six-week IVLP program has been completed, locking in $1 million in TVL to power the options market. This TVL will soon begin earning $BGT rewards from Berachain’s newly accepted reward vault. Expected yields range from 50% to 100% APR—arguably one of the best yields for an index heavily weighted in BTC, ETH, and stables.
Levo – An intent-based perpetual exchange that enables users to trade any asset with Binance/CEX-level liquidity through the power of intents, eliminating the need for on-chain liquidity.

One of IVX’s standout features is its integration with Berachain's Proof of Liquidity (POL), allowing IVX traders and liquidity providers to earn additional boosted rewards through $BGT.

Want to long $BTC? → Earn additional $BGT
Want to buy a $BERA straddle? → Earn additional $BGT
Extra $BGT rewards for various trading activities on IVX.

This mechanism also benefits IVX by generating a premium on protocol fees, currently at a 4x multiple.

Project - https://diem.ivx.fi/trade

Founder/Team -

Bob (@0xbobdbldr) – Founder
Waj (@0xmughal) – Chief Operating Officer (COO)
Mad (@0xmadh) – Chief Technology Officer (CTO)
Moh (@0xmoh808) – Community Lead
Timmy (@0xtimmyc_t) – Community Team Member

IVX Token Launch – April 7th

The IVX token is launching on April 7th and plays a critical role in IVX’s flywheel and value capture:

Revenue Sharing:

70% of Levo fees
25% of Diem fees
A significant percentage of future IVX product fees
Fees are allocated to IVX holders through Smart Buybacks, triggered when the price is below the 30-day moving average.

Key Functions of $IVX

Value Capture: Buybacks from protocol fees and BGT rewards through vaults.
Berachain POL: Functions as an incentive asset with an options token model and a reward vault asset.
Governance: Used for token listings, reward vault proposals, and other protocol decisions.
Exclusive Features: Access to sub-products and other benefits.

Token Launch Details

Launchpad: Ramen Finance

Registration opens on Saturday.
Whitelist spots can be obtained through the IVX community or via Ramen Finance’s Gacha system for Ramen holders.
Registration is mandatory for public sale access.

Valuation: $22.5 million
Circulating Market Cap on Day 1:Less than $2.5 million
Token Vesting: Over four years, offering early exposure to IVX at an attractive price.
Liquidity: Available on Kodiak, the premier DEX on Berachain.

Airdrop

Yes, there is an airdrop.

Season 1 will distribute 4.2% of the total supply, with future airdrop seasons planned.
An ongoing one-week campaign allows users to earn IVX tokens by trading options and perps for BERA and BTC.

Funding Information.

2 main funding rounds total $2m 1st - Seed, 1.2m Raised, led by Animoca Ventures in 2024. Avid 3, Big brain holdings, Cogitent ventures + star angels across the ecosystem including founders from Kodiak, Puffpaw, The Honey Jar, Timeswap, Beraborrow and more. 2nd - Strategic round was an $0.8m raise, early 2025.

Nature of Content to Craft
Focus on Products + Proof of liquidity + IVX token / launch / how to get your hands on it

Key Narratives

How IVX can grow derivatives / How options are revolutionised through diem + POL / Why IVX is one of the most exciting Berachain protocols to come out

Refer - https://docs.google.com/document/d/1EhZ-2sf2oPVPg11VGfyipSjmmCE8IXUEd8wruMSD4UY/edit?tab=t.0

CTA to Focus on
The ramen launchpad public sale / TGE launch

Resources
All the IVX articles - https://x.com/ivx_fi/articles

Documentation.ivx.fi

Threads you can take inspiration from

https://x.com/0xJaehaerys/status/1867296496988643655

Things to not cover or not to do while crafting

Note from IVX team - “Nothing specific per se; it's good to have creative flexibility!”

Rewards

$3.6K for the Core Community.
$2K for the Public Community (10 winners will be selected and considered for potential entry into the Core Community!).
🎁 Scribble Token Drop – For all participants (once it launches).