To help users better analyze volatile crypto markets and timely spot price swings, we present a new kind of data from Volmex Labs: volatility indices for crypto assets.
Volmex is the world’s first crypto volatility protocol with the goal of enabling traders and investors to navigate crypto markets based on comprehensive volatility analysis, insights, and tools. One of their products in this regard is unique volatility indices that show the market forecast for a coin’s future price movements.
Currently, there are two such indices: the Bitcoin Volmex Implied Volatility Index (BVIV) and the Ethereum Volmex Implied Volatility Index (EVIV); they measure the 30-day implied volatility of the Bitcoin and Ethereum options market. Both are powerful indicators for tracking volatility in the crypto market. The team has hopes to add more such indices over time.
BVIV and EVIV are now available on TradingView; just type the “VOLMEX:” prefix in the symbol search field to find them:
We hope the new data will help you better prepare for crypto market movements. Don’t forget that Volmex is one of many, and our platform reliably connects to hundreds of data feeds, with direct access to 1,357,880 instruments from all over the world. All this makes TradingView your only needed point of entry for everything markets.