Performances
RD Popularity Index
RD Growth Index
Revenue & Burn
Protocol income
$0.59Buyback funds
--Burn funds
--Buyback ratio
--Protocol funds over time
Monthly amounts & ratios
| Period | Protocol income | Buyback funds | Burn funds | Buyback ratio |
|---|---|---|---|---|
| Oct 2026 | $0.59 | -- | -- | -- |
| Sep 2026 | $1.2 | -- | -- | -- |
| Aug 2026 | $2.18 | -- | -- | -- |
| Jul 2026 | $7.23K | -- | -- | -- |
| Jun 2026 | $5.16K | -- | -- | -- |
| May 2026 | $3.75 | -- | -- | -- |
Comparison
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Follow Lists
People
About volmex.finance
Volmex.finance is a crypto volatility index protocol that provides implied volatility indices for major digital assets, functioning similarly to traditional finance's VIX. Its core products include BVIV (Bitcoin Volmex Implied Volatility Index) and EVIV (Ethereum Volmex Implied Volatility Index), which calculate 30-day implied volatility based on option pricing data from Deribit, the leading crypto options exchange. The protocol also offers a Solana volatility index (SOL) and a Prime Rate index that blends DeFi lending rates with perpetual funding rates.
The primary market problem Volmex solves is the lack of standardized, transparent volatility benchmarks in crypto. Traditional volatility trading requires complex multi-step option strategies, limiting participation to institutional players. Volmex democratizes this by creating simple, tradable indices that anyone can use to express views on market turbulence. Its key competitive advantage lies in being the first mover in crypto volatility indices, with methodology widely cited by media outlets like CoinDesk and The Block.
In the past six months (March to September 2026), Volmex has seen significant adoption. In January 2026, Polymarket launched prediction market contracts based on BVIV and EVIV, allowing users to bet on whether volatility will reach certain levels by year-end. This marked a major milestone in making volatility trading accessible to retail users. The protocol also expanded its product suite with a Solana volatility index and continued to serve as the settlement reference for OTC options between institutional desks like Arbelos Markets and B2C2. While the volatility derivatives market remains relatively young with potential liquidity concerns, Volmex has established itself as the leading infrastructure for crypto volatility measurement and trading.
Volmex.finance, a crypto volatility index protocol, aims to be the "Crypto VIX." Key milestones:
In June 2021, v1 launched on Ethereum mainnet, introducing BTCV and ETHV volatility tokens based on Deribit options data, audited by CertiK and Coinspect, enabling on-chain volatility trading.
In September 2022, the implied volatility index VIV (later BVIV) was launched, covering Bitcoin and Ethereum options markets with data from Deribit and OKX, representing over 90% of global options open interest, backed by Alameda Research.
Subsequently, BVIV became an industry benchmark, listed on Bloomberg Terminal, used for institutional OTC options settlement (e.g., first trade between B2C2 and Arbelos), and spawned BVIV US based on US ETF options and perpetual contracts.
Currently, Volmex runs over 250 indices covering implied/realized volatility, rates, and correlation, serving as infrastructure for crypto derivatives.
Long-term significance: establishing transparent, verifiable volatility benchmarks, bridging traditional finance and crypto, and promoting volatility as a tradable asset class.
Over the past six months (2026-03-04 to 2026-09-04), Volmex Finance has solidified its position as the leading crypto volatility index infrastructure. Key developments include:
Index Expansion & Distribution: The flagship BVIV (Bitcoin implied volatility index) and EVIV (Ethereum equivalent) are now widely cited by CoinDesk, The Block, and Bloomberg Terminal, with over 250 indices covering realized volatility, rates, and correlation across major assets. The launch of BVIV US, tracking regulated US ETF options, provides a premium-priced benchmark for institutional access.
Tradable Products: BVIV/EVIV perpetual futures launched on centralized venues with up to 20x leverage, while onchain perpetuals (up to 100x) are available on Base and Arbitrum via gTrade. Prediction-market contracts on Polymarket settled to Volmex indices since January 2026. The first bilateral OTC option on BVIV was settled by Arbelos Markets and B2C2, validating institutional use.
Volmex AI: A custom AI assistant launched, providing real-time volatility analysis, term-structure insights, and actionable signals for traders.
Future Roadmap: Volmex aims to become the "index infrastructure layer" for crypto, mirroring traditional finance providers. Priorities include: expanding tradable products (ETNs, options) tied to its indices, deeper integration with prediction markets, growing the AI-driven analytics suite, and broadening coverage to more assets and tenors. The recent 14-day kink in BVIV linked to the Clarity Act highlights its role in policy-event pricing.
Cole Kennelly is the Founder and CEO of Volmex Labs, the company behind the volmex.finance crypto volatility index protocol. He founded it in February 2021. Previously, he worked in sales at Staked, managing institutional crypto investment partnerships; Staked was later acquired by Kraken. Earlier, he was a Research Assistant at The Ohio State University Fisher College of Business, where he earned a bachelor's degree in Finance & Economics.
No reliable information is available on other co-founders or current key executives.