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Hyperliquid lists the Bitcoin Volmex Implied Volatility Index (BVIV) perpetual contract

According to BlockBeats,September 21, the Bitcoin Volmex Implied Volatility Index (BVIV) perpetual contract officially launched on Hyperliquid on Monday, offering users of the on-chain exchange a way to trade on the extent of Bitcoin price fluctuations rather than price direction.BVIV The index is commonly referred to as the “Bitcoin VIX” and tracks in real time the implied or expected volatility of cryptocurrencies over the next 30 days. The index is similar to the Chicago Board Options Exchange (Cboe)VIX Index, which measures the implied volatility of the S&P 500 Index over the next 30 days.

The newly listed perpetual contract allows traders to directly go long or short the volatility index, without indirectly expressing their views on volatility through options, thereby avoiding high capital requirements and the need for specialized knowledge of derivatives trading.

Original link https://m.theblockbeats.info/flash/368250