[Blockchain News] According to CoinDesk, the crypto derivatives protocol Volmex Finance launched a new implied volatility index (SVIV) for the SOL token on September 4. The index is designed to measure the expected price fluctuations of SOL in the next 14 days, providing traders with an important market reference tool.

Volmex said that it will launch a longer-term SOL implied volatility index in the future, including a widely tracked 30-day index and related derivatives. This will enable market participants to bet or hedge on volatility more flexibly, further enriching market strategy options.