Hyperliquid lists Bitcoin volatility index perpetual futures

Hyperliquid has launched perpetual futures for the Bitcoin Volatility Index (BVIV), allowing traders to bet on the magnitude of Bitcoin price fluctuations rather than direction. Often referred to as the 'Bitcoin VIX,' the index tracks 30-day implied volatility. The new market, facilitated by Markets by Kinetiq in collaboration with Volmex and Perps.inc, supports up to 5x leverage and uses USDC as collateral. This integration, powered by the Seda oracle, marks the first time the Volmex index has been available via on-chain perpetual contracts.