Volmex’s Bitcoin and Ether Volatility Futures Cross $10M in Trading Volume as Market Matures
July 25, 2025
Volatility futures tied to bitcoin and ether have surpassed $10 million in cumulative trading volume since launching on the decentralized trading platform gTrade, according to Volmex Labs.
The contracts, based on Volmex’s Bitcoin Volatility Index (BVIV) and Ether Volatility Index (EVIV), allow traders to speculate on the magnitude of price fluctuations over a four-week period—without taking a directional view on the underlying assets.
The surge in trading reflects growing interest in more sophisticated crypto derivatives. Rather than betting on whether BTC or ETH prices will rise or fall, volatility futures let traders position around expected market turbulence—offering both speculative and risk management opportunities.
“Volmex’s BVIV and EVIV perpetuals launched on gTrade just a month ago and have already crossed the $11 million mark in trading volume,” said Cole Kennelly, founder and CEO of Volmex Labs. “This is a major milestone that highlights demand for volatility-focused products.”
Both volatility indices have declined notably during the ongoing crypto bull run, suggesting that traders see them evolving into crypto analogs of the VIX—Wall Street’s benchmark fear gauge.
Kennelly added that volatility futures offer a simpler alternative to traditional options strategies, which require close monitoring of complex variables such as strike prices, expiry dates, and the Greeks.
By enabling exposure to market volatility without the intricacies of options, Volmex’s products are opening new pathways for traders seeking to hedge or profit from uncertainty in crypto markets.
