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 offered by iFinex Monetary Applied sciences Restricted, introduced as we speak the launch of two new perpetual futures contracts that can observe the anticipated worth swings in Bitcoin and Ether.
The brand new perpetual futures contracts will probably 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 observe underlying exercise in Bitcoin and Ether choices utilizing the Volmex Implied Volatility indices, which tracks 30-day anticipated volatility. Each contracts will probably be accessible to commerce with as much as 20 occasions leverage. Volmex is a well known developer of crypto volatility indices and merchandise.
By measuring the market’s expectation of future worth volatility, the BVIV and EVIV contracts are basically monitoring ‘concern’ out there of anticipated worth actions in Bitcoin and Ether when the market is fearful and, typically, the expensiveness of the related choices contracts.
Volatility indexes are usually negatively correlated and can typically enhance when the market falls. Additionally they have a tendency to maneuver dramatically when ‘black swan’ occasions happen.
To acquire entry to BVIVF0:USTF0 and EVIVF0:USTF0 on Bitfinex Derivatives, clients can go to https://www.bitfinex.com/ from 3 April 2024
* The derivatives platform is offered 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 be aware 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 is just not a proposal to promote or the solicitation of a proposal 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 offered for comfort functions solely. The perpetual contracts for BVIVF0:USTF0 and EVIVF0:USTF0 are extra notably described within the up to date Spinoff 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 Spinoff Product Description, the Spinoff Product Description will govern. Please learn it fastidiously to make sure you perceive the merchandise accessible on the derivatives platform. Any abstract info concerning the above-referenced perpetual contracts on this press launch is offered for comfort functions solely and might not be 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 gives a derivatives platform that’s accessible via Bitfinex, a digital token buying and selling platform providing state-of-the-art companies for digital foreign money merchants and world liquidity suppliers. Go to www.bitfinex.com to be taught extra.
About Volmex
Volmex International 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 offered on main platforms, together with TradingView, CoinMarketCap, The Block, and Laevitas. Go to https://volmex.finance to be taught extra and https://charts.volmex.finance to entry the Volmex Implied Volatility Indices.
