Hyperliquid launches BVIV Bitcoin implied volatility index contract
- —BVIV tracks a Bitcoin implied volatility index as its underlying
- —The contract expresses a view on move size, not direction
- —Index methodology, leverage and funding rates remain undisclosed
- —Hyperliquid Strategies earlier expanded its equity purchase agreement to $2.5 billion
Why it matters: The product gives traders a way to hedge BTC volatility, but undisclosed contract terms leave key risks unclear.
Source: Coincu