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Volmex Finance launches Bitcoin implied volatility perpetual futures on Hyperliquid

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Hyperliquid has added a Bitcoin implied-volatility product on its platform, and the contract is described as BVIV. One piece says the contract was deployed by Markets.xyz and carries 5x leverage, while another says Volmex Finance launched Bitcoin implied volatility perpetual futures on Hyperliquid.

Key claims & sources

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Hyperliquid added a Bitcoin volatility contract called BVIV, and the product was deployed by Markets.xyz.
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The BVIV contract is designed to track Bitcoin’s implied volatility and offers 5x leverage.
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Volmex Finance launched Bitcoin implied volatility perpetual futures on Hyperliquid.
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The new volatility futures on the decentralized exchange are presented as a way to broaden access to more advanced trading strategies.

What it means

Users and traders on Hyperliquid now have a Bitcoin implied-volatility product available on the venue, including a contract described as BVIV and a separate launch of implied-volatility perpetual futures. That changes what is visible on the exchange today because the contracts are already listed, so market participants can see and use the new products now.

Before this, the specific products named here were not on Hyperliquid; now a Bitcoin volatility contract with 5x leverage and Bitcoin implied-volatility perpetual futures are part of the platform offering. What stays the same is that the contracts are still tied to Bitcoin implied volatility rather than spot Bitcoin itself, so the underlying reference remains the same even as the tradable wrapper changes.

Market reaction i

BitcoinBTC the event is about this asset
first headline
+0.1% 2 h before
-1.4% 4 h after
$84,297price at publication
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Coverage timeline

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Sep 29 20:58