Bybit introduced volatility indices trading on its Bybit Advanced Earn platform with the addition of the Bitcoin Volmex Implied Volatility Index (BVIV) and Ethereum Volmex Implied Volatility Index (EVIV).
With these features, traders can now trade on market mood and volatility patterns of Ethereum (ETH) and Bitcoin (BTC). It will use Volmex’s advanced indices to take advantage of BTC and ETH price swings.
The BVIV and EVIV indices measure anticipated price movements of the next 30 days, from leading crypto options data on the major exchanges. This gives investors real-time information on market volatility so that they can make more informed trading decisions.
Traders can use the indices in different market conditions:
- High Volatility: When BVIV and EVIV are high, traders can use short volatility strategies. As market risks calm and volatility premiums decrease, traders can use Dual Asset products to lock in high returns. Discount Buy strategies allow traders to purchase assets at lower effective prices.
- Low Volatility: When BVIV and EVIV are low, showing calm market conditions, it can signal upcoming price swings. Traders can use Double-Win products to profit from price movements in any direction. They can also use Smart Leverage options to increase returns when market trends become clear.
Bybit Advanced Earn helps traders with smart tools and market insights by using Volmex’s proven volatility indicators. The BVIV and EVIV indices are linked to structured products, using real-time data from TradingView and CoinMarketCap.
These indices make professional trading tools more accessible. Like the VIX in traditional finance and the Crypto Fear & Greed Index, they give traders real-time insights into market sentiment and expected volatility.
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