Cryptocurrency Derivatives Protocol Volmex Launches SOL Volatility Index

IconCryptoNewsTerminal Staff04 Sep, 2024

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Cryptocurrency Derivatives Protocol Volmex Launches SOL Volatility Index

Cryptocurrency volatility derivatives protocol Volmex Labs has launched the Solana (SOL) Volatility Index (SVIV), according to a recent announcement by Volmex Labs. The SVIV is a benchmark that tracks the implied 14-day volatility of the Solana options market, providing investors with a tool to gauge market sentiment towards Solana.