Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has unveiled a new feature on its Advanced Earn platform, enabling users to trade volatility indices for Bitcoin (BTC) and Ethereum (ETH).
This move comes through a strategic integration with Volmex, a provider of crypto volatility indices. The newly introduced Bitcoin Volmex Implied Volatility Index (BVIV) and Ethereum Volmex Implied Volatility Index (EVIV) offer traders real-time insights into the 30-day forward-looking volatility expectations of BTC and ETH. These indices are derived from option prices across major crypto exchanges and are designed to help users better time the market and build volatility-based strategies. By