Hyperliquid Launches Bitcoin Volatility Index Perpetual Contract

Odaily News: Hyperliquid has launched a perpetual contract linked to the Volmex Bitcoin implied volatility index, allowing traders to directly trade the magnitude of Bitcoin price fluctuations rather than price direction.

Kinetiq's Markets, together with Volmex and Perps.fun, jointly pushed for the launch of this product. This is the first on-chain perpetual contract market for the Volmex Bitcoin volatility index. (CoinDesk)