According to the official announcement, the Gate Index Zone will launch live trading (USDT settlement) of BVIX (BTC Volatility Index) and EVIX (ETH Volatility Index) perpetual contracts on January 28th at 15:00 (UTC+8), supporting leverage from 1x to 50x. Gate Index perpetual contracts use mainstream global indices and volatility indices as underlying assets, introducing market sentiment indicators into the crypto derivatives trading system. While maintaining the advantages of USDT settlement and 24/7 trading, it provides users with trading options that are closer to the global macro market. As an important indicator for measuring market uncertainty, the rise and fall of VIX reflects changes in investors' expectations of risk and is often used for hedging and risk aversion. Its launch further provides investors with more professional trading tools, expanding the scope for cross-market trading and strategy deployment.