Hyperliquid launches Bitcoin VIX (BVIV) perpetual futures via Kinetiq Markets, enabling traders to long/short 30-day BTC implied volatility.

DeFi & Yields · 2026-09-22

Perpetual futures tracking 30-day bitcoin implied volatility launched on Hyperliquid through Kinetiq's Markets platform, with Volmex CEO Cole Kennelly leading the deployment. The BVIV contracts allow traders to take direct long or short positions on bitcoin price swings' magnitude rather than direction, with up to 5x leverage available and USDC collateralization. This marks the first on-chain perpetual futures market for Volmex's bitcoin volatility index, deployed in partnership with Perps.inc and using Seda's oracle infrastructure to connect the index on-chain.

Previously on Telem

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