Crypto Derivatives Protocol Volmex Finance's Bitcoin and Ether Volatility Charts Now Live on TradingView

Integration with TradingView promises global exposure to Volmex's implied volatility indexes for bitcoin and ether.

AccessTimeIconMar 17, 2023 at 1:00 p.m. UTC
Updated Mar 17, 2023 at 1:35 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global event for everything crypto, blockchain and Web3.Register Now

Charts of Ethereum-based volatility and derivatives protocol Volmex Finance's implied volatility indexes for bitcoin (BTC) and ether (ETH) are now available on technical analysis platform TradingView.

The charts went live on Friday, Cole Kennelly, founder and CEO of Volmex Labs, said in a press release shared with CoinDesk, calling the TradingView integration a "massive milestone."

"This partnership between TradingView and Volmex is a massive milestone, as 50 million traders and investors using TradingView monthly can now access the Volmex Implied Volatility Indices, the BVIV Index and EVIV Index," Kennelly said.

Volmex's bitcoin implied volatility index (BVIV) and ether implied volatility index (EVIV) measure the expected price turbulence over 30 days, derived from real-time crypto call and put options. The indexes can be considered analogous to Wall Street's fear gauge, the VIX index, which is derived from the options market tied to the S&P 500.

Traders use TradingView to confirm market trends and visualize key entry and exit points for buy and sell trades. The traders can now study Volmex's volatility charts to predict and bet on price turbulence in top cryptocurrencies.

"Volmex also builds a suite of products around the Volmex implied volatility Indices, which make the indices tradable and investable for hedging, speculating and diversification," Kennelly told CoinDesk.

Volatility trading involves betting on the future stability of an asset instead of betting on the direction of future price moves. Going long or buying volatility means betting the asset's price might move violently in either direction.

Traders typically go long on volatility through complex options strategies or volatility futures contracts when the implied volatility appears to be cheap relative to its lifetime average or historical volatility, or both. Conversely, volatility is sold when the implied volatility appears to be too high relative to historical volatility.

Volatility trading is becoming increasingly popular in the crypto market, thanks to bitcoin's evolution as a macro asset since the coronavirus-induced crash of March 2020.


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Omkar Godbole

Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.