03 Apr Bitfinex Derivatives Launches First Perpetual Futures on Bitcoin and Ether Implied Volatility Indices
PROVIDENCE, Mahe, Seychelles, [April 3], 2024 – Bitfinex Derivatives*, a premier derivatives platform supplied by iFinex Monetary Applied sciences Restricted, introduced as we speak the launch of two new perpetual futures contracts that may monitor the anticipated worth swings in Bitcoin and Ether.
The brand new perpetual futures contracts will likely be based mostly on the implied volatility of Bitcoin and Ether choices contracts. Implied volatility measures the fixed, forward-looking anticipated volatility within the choices market. The brand new Bitcoin Implied Volatility Index (BVIVF0:USTF0) and Ethereum Implied Volatility Index (EVIVF0:USTF0) futures contracts will monitor underlying exercise in Bitcoin and Ether choices utilizing the Volmex Implied Volatility indices, which tracks 30-day anticipated volatility. Each contracts will likely be accessible to commerce with as much as 20 instances leverage. Volmex is a widely known developer of crypto volatility indices and merchandise.
By measuring the market’s expectation of future worth volatility, the BVIV and EVIV contracts are primarily monitoring ‘concern’ out there of anticipated worth actions in Bitcoin and Ether when the market is fearful and, usually, the expensiveness of the related choices contracts.
Volatility indexes are typically negatively correlated and can usually improve when the market falls. In addition they have a tendency to maneuver dramatically when ‘black swan’ occasions happen.
To acquire entry to BVIVF0:USTF0 and EVIVF0:USTF0 on Bitfinex Derivatives, prospects can go to https://www.bitfinex.com/ from 3 April 2024
* The derivatives platform is supplied by iFinex Monetary Applied sciences Restricted. References to Bitfinex Derivatives on this press launch are references to iFinex Monetary Applied sciences Restricted. All deposits, actions, and customers are topic always to the entire Derivatives Phrases of Service in impact on Bitfinex Derivatives (“TOS”). Please observe that U.S. individuals (as outlined within the TOS), amongst different prohibited individuals (as outlined within the TOS), are strictly prohibited from immediately or not directly holding, proudly owning or working a Derivatives Account (as outlined within the TOS) on Bitfinex Derivatives.
Vital Notes
This press launch is meant for journalists. It isn’t supposed to be broadly disseminated.
This press launch isn’t a suggestion to promote or the solicitation of a suggestion to buy any monetary merchandise. iFinex Monetary Applied sciences Restricted will solely permit entry to its derivatives platform pursuant to its derivatives phrases of service accessible (as of the date of this press launch) at https://www.bitfinex.com/authorized/by-product/phrases
The abstract description of the perpetual contract for the Bitcoin Implied Volatility Index (BVIVF0:USTF0) and Ethereum Implied Volatility Index (EVIVF0:USTF0) on this press launch is supplied for comfort functions solely. The perpetual contracts for BVIVF0:USTF0 and EVIVF0:USTF0 are extra significantly described within the up to date By-product Product Descriptions discovered at https://www.bitfinex.com/authorized/by-product/product. If there are any variations between the outline on this press launch and the By-product Product Description, the By-product Product Description will govern. Please learn it fastidiously to make sure you perceive the merchandise accessible on the derivatives platform. Any abstract data concerning the above-referenced perpetual contracts on this press launch is supplied for comfort functions solely and is probably not relied upon. Please make sure you conduct your individual analysis concerning these perpetual contracts.
About Bitfinex Derivatives
Launched in September 2019, iFinex Monetary Applied sciences Restricted affords a derivatives platform that’s accessible by means of Bitfinex, a digital token buying and selling platform providing state-of-the-art companies for digital foreign money merchants and international liquidity suppliers. Go to www.bitfinex.com to study extra.
About Volmex
Volmex World is a wholly-owned subsidiary of Volmex Labs Company, the creator of the main crypto volatility indices BVIV Index and EVIV Index. The BVIV and EVIV Indices measure the fixed, forward-looking 30-day anticipated volatility of BTC and ETH, respectively, derived from real-time crypto name and put choices. Volmex Implied Volatility Index information is accessible on main platforms, together with TradingView, CoinMarketCap, The Block, and Laevitas. Go to https://volmex.finance to study extra and https://charts.volmex.finance to entry the Volmex Implied Volatility Indices.
