Crypto Volatility Protocol Volmex Labs Launches Volatility Indexes for Bitcoin and Ethereum

According to The Block, Volmex Labs, an encrypted volatility protocol backed by Alameda Research and CMS Holdings, has launched a volatility index for Bitcoin and Ethereum, hoping to simulate the Cboe Volatility Index (VIX ) by generating a 30-day forward forecast of volatility. ). Among them, the Volmex Implied Volatility Index (VIV) uses real-time encrypted call options and put options to measure the 30-day forward-looking forecast of Bitcoin and Ethereum option market volatility, using multiple data sources including Deribit and OKX. Together, these exchanges account for more than 90% of the current Bitcoin options open interest.