Coinspeaker
Bitfinex Rolls Out Volatility Futures for Bitcoin and Ethereum

In an official announcement on April 3, 2024, the company said the newly launched perpetual contracts are available to users on the company’s derivatives platform called Bitfinex Derivatives. The derivatives-focused platform was made accessible by Ifinex Financial, the parent company of both Bitfinex and Tether Holdings.

Bitfinex  Users Can Now Wager on BTC and ETH Futures Contracts

The new products, Bitcoin Implied Volatility Index (BVIV) and Ethereum Implied Volatility Index (EVIV), are based on the Volmex Implied Volatility indexes.  These indexes are derived from real-time options for BTC and ETH, indicating the expected price turbulence over a 30-day period.

Additionally, the company said the perpetual contracts serve as a counterpart to Wall Street’s VIX index, which g...