Cryptocurrency exchange Bitfinex announced the launch of perpetual futures tied to bitcoin (BTC) and ether (ETH) volatility indices.
The new futures are based on the decentralized derivatives platform Volmex's bitcoin implied volatility index (BVIV) and ether implied volatility index (EVIV).
Perpetuals are futures contracts with no expiry and a funding rate mechanism that helps keep prices in sync with the underlying asset/index.
The availability of volatility futures means traders can bet on how fast anticipated bullish or bearish price moves will happen in bitcoin and ether.
#bitfinex #volatility-futures #cryptocurrency-trading #implied-volatility-indices #perpetual-futures
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