Crypto Updates

Deribit to Launch Futures Contracts for Bitcoin Volatility Trading

The Bitcoin Crash Provided a Rare Glimpse inside the Heart of the Crypto Industry

Deribit, a major crypto options trading platform, will launch futures contracts to facilitate Bitcoin volatility trading, the exchange announced. It will be the first such crypto derivatives instrument in the market and will be priced, margined, and settled in USDC.

The BTC DVOL futures will be based on the Deribit Bitcoin Volatility Index (DVOL), a parameter that measures the volatility of the cryptocurrency across markets. It is calculated with implied volatility with a selection of option expiries and strikes on Deribit and provides a 30-day outlook on the expectation of annualized volatility.

The new contract will debut with one expiry and will be available on Deribit as of 27 March 2023. The exchange also has plans to launch additional expiries in the coming months.

“DVOL can indicate changes in the health and direction of the Bitcoin

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