Hyperliquid Launches Bitcoin Volmex Implied Volatility Index Perpetual Futures

Perpetual futures tracking the Bitcoin Volmex Implied Volatility Index (BVIV) have launched on decentralized derivatives exchange Hyperliquid. The new contracts allow traders to speculate on or hedge against expected 30-day Bitcoin implied volatility rather than directional price moves, removing the need for complex multi-leg options strategies. Denominated and collateralized in USDC, the perpetuals offer up to 5x leverage at launch. The listing was spearheaded by Markets by Kinetiq in partnership with Volmex and Perps.inc (or Perps.fun), utilizing decentralized oracle infrastructure from Seda to bridge index data onchain.