Hyperliquid launches Bitcoin Volatility Index perpetuals
- Hyperliquid launched perpetual futures tied to the Bitcoin Volmex Implied Volatility Index, providing direct exposure to expected price swings.
- The new derivatives instrument allows market participants to trade 30-day implied volatility with up to 5x leverage.
- Markets by Kinetiq led the protocol deployment in strategic partnership with Volmex and Perps.inc.
Hyperliquid (CRYPTO:HYPE) has introduced perpetual futures contracts linked to the Bitcoin Volmex Implied Volatility Index to capture market demand for sentiment-based trading tools.
The decentralised derivatives venue structured the offering to bypass the capital-intensive barriers typically associated with traditional options strategies.
“The launch of BVIV Index perpetual futures on Hyperliquid is a massive unlock for crypto traders and investors,” according to Volmex Labs Founder and Chief Executive Officer Cole Kennelly.
Management designed the product architecture to enable direct hedging and speculation on the magnitude of price movements rather than directional trends.
“With Bitcoin Volmex Implied Volatility Index, and the co-deployment structure that made it possible, we're not just adding another ticker, we're proving out the model for how Markets by Kinetiq scales,” according to Markets by Kinetiq Co-Founder and Chief Technology Officer Justin Greenberg.
Protocol infrastructure relies on Seda oracle feeds to connect real-time benchmark index data directly to the onchain exchange environment.
Collateralised entirely in USDC, the newly deployed contracts integrate seamlessly alongside existing multi-asset perpetual listings on the platform.
Following the update, HYPE was trading up at $94.99.
