New Perpetual Futures on Bitcoin Volmex Implied Volatility Index Launches
- Perpetual futures for the Bitcoin Volmex Implied Volatility Index (BVIV) debuted on Hyperliquid.
- The BVIV Index tracks expected volatility in real-time, similar to the Cboe VIX for the S&P 500.
- Traders can now directly bet on volatility rather than using options, which require more capital and expertise.
- The launch aims to attract a wider range of participants, including hedge funds and volatility traders.
- Cole Kennelly, CEO of Volmex Labs, emphasized the significance of this offering for crypto traders and investors.
The introduction of BVIV perpetual futures provides an innovative tool for managing risk in Bitcoin trading, aligning with trends toward institutional participation in digital assets.
This new market allows traders to engage with Bitcoin’s volatility directly, enhancing their ability to hedge or speculate effectively.(Source)
