Bitcoin VIX perpetuals debut on Hyperliquid

Hyperliquid has launched perpetual futures tied to a "bitcoin VIX," a measure of expected 30-day bitcoin volatility. The BVIV contracts were deployed through Kinetiq's Markets frontend and led by Volmex CEO Cole Kennelly, letting traders easily go long or short on realized and implied BTC volatility.

• The new perps give traders volatility exposure without taking directional bitcoin risk.
• The product extends Hyperliquid's derivatives suite into volatility-linked instruments.