Volmex's Bitcoin and Ether Volatility Futures Top $10M in Volume in First Month as Traders Look Beyond Price

5 days ago

Futures tied to Volmex's bitcoin (BTC) and ether (ETH) implied volatility indices, BVIV and EVIV, person registered a cumulative trading measurement of implicit $10 cardinal since their debut connected decentralized leveraged trading level gTrade.

The speedy emergence to implicit $10 cardinal shows that traders are progressively engaging with blase derivatives linked to volatility for hazard management, looking beyond terms speculation.

The BVIV measures the options-based implied oregon expected volatility successful bitcoin implicit a four-week period. The EVIV represents the aforesaid for ether. Both indices person declined sharply during the caller bull run, suggesting a imaginable improvement into VIX-like fearfulness gauges.

Trading volatility futures involves betting connected the expected magnitude of terms fluctuation successful the underlying plus implicit a specified aboriginal period, alternatively than predicting its direction.

Essentially, you're speculating connected however "bumpy" oregon "calm" the marketplace volition be, allowing you to nett from oregon hedge against anticipated uncertainty without taking a directional presumption connected the asset's price.

"Volmex's BVIV and EVIV perpetuals launched connected gTrade (Gains) 1 period agone and person already surpassed $11m measurement — a large milestone," Cole Kennelly, Cole Kennelly, laminitis and CEO of Volmex Labs told CoinDesk.

Kennelly added that futures tied to volatility amended the idiosyncratic experience, allowing traders to stake connected terms turbulence portion bypassing the complexities progressive successful volatility-focused options strategies that necessitate changeless monitoring of assorted variables, including enactment Greeks, onslaught prices, oregon expiries.

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