Volmex (volmex.finance) is a protocol for tokenized volatility built on Ethereum. The protocol enables VIX-like indices for crypto-assets and trading functionality pioneered by smart contracts. Volmex protocol can be used to create volatility indexes and tradable tokens for crypto assets. Traders can leverage the protocol to express a view on the expected volatility of Bitcoin, Ethereum, and more. Volmex Labs, the builder of volmex.finance, is backed by leading crypto investment and trading firms including Three Arrows Capital, Alameda Research, Robot Ventures, CMS Holdings, and Orthogonal Trading.

The Inverse Ethereum Volatility Index Token (ETHV) aims to track the inverse of the reference Ethereum volatility index price, a measure of Ethereum's expected volatility over the next 30 days, available on the Volmex API: https://api.volmex.finance/graphql