Volmex

Volmex Finance is the leading protocol for crypto volatility products, offering on-chain implied volatility indices and derivatives. Their flagship products — BVIV (Bitcoin Implied Volatility Index) and EVIV (Ethereum Implied Volatility Index) — give traders a standardized way to hedge or speculate on market volatility, similar to how TradFi investors use the VIX. Volmex integrated with Hyperliquid via HIP-3, bringing perpetual volatility trading directly to the platform's high-performance order book.

Real-world asset perpetual futures on Hyperliquid use HIP-3 infrastructure to create on-chain markets for commodities, indices, and other traditional assets. Volmex operates in this category where traders can access non-crypto exposure through Hyperliquid's native order book with the same sub-second settlement and deep liquidity as crypto perps.