Futures tied to Volmex’s Bitcoin (BTC) and Ether (ETH) implicated volatility index, BVIV and EVIV, have registered a cumulative trading volume of over $ 10 million since their debut on decentralized geared trading platform Gtrade.
The rapid increase to over $ 10 million shows that dealers are increasingly engaging in sophisticated derivatives linked to risk management volatility that looks beyond price speculation.
BVIV measures the setting-based implicit or expected volatility in Bitcoin over a four-week period. The evivation represents the same for ether. Both indices have dropped sharply during the recent bull race, suggesting a potential development to VIX-like fear gauges.
Futures with trafficking in volatility involve focusing on the expected amount of price fluctuations in the underlying asset over a specified future period instead of predicting its direction.
In essence, you speculate on how “uneven” or “calm” the market will be so that you can take advantage of or uncover from expected uncertainty without taking a directional view of the asset price.
“Volmex’s BVIV and EVIVE -VIGNER, which was launched on Gtrade (winnings) a month ago and has already surpassed a volume of 11 million.
Kennelly added that futures bound to volatility improves the user experience, allowing traders to bet on price turbulence, while bypassing the complexities involved in volatility -focused setting strategies that require constant monitoring of different variables, including options, strike prices or expires.
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