Today, we are excited to announce that Volmex Labs, the builder of volmex.finance, has completed a financing round with participation from Three Arrows Capital, Alameda Research, Robot Ventures, CMS Holdings, Orthogonal Trading, IOSG Ventures, D64 Ventures, DeFi Technologies (NEO: DEFI), Fourth Revolution Capital, and Coral DeFi. Angel investors include Jiho Zirlin, Tyler Scott Ward, Christian Kaczmarczyk, Shiliang Tang, Suji Yan, and Avi Felman.
We could not be more thrilled to partner with a group of world-class investors, traders, and operators that share our vision of bringing robust volatility indices and products to Ethereum. This is a major step on Volmex’s journey to bring tokenized volatility to Ethereum.
While nascent today, the DeFi derivatives space is on track to grow materially in the coming years. Volatility products and derivatives powered by Volmex will play a major role in this growth.
Get excited, more details on protocol trading functionality and launch will be available soon.
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Founder, Volmex Labs
volmex.finance is a protocol built on Ethereum for volatility indices and non-custodial trading. ETHV Index v1 and BTC Index v1 are the flagship protocol indices, which respectively track the 30 day implied volatility of Ether (ETH) and Bitcoin (BTC). Traders can leverage the protocol to express a view on the expected volatility of Bitcoin, Ether, and more. Protocol trading functionality will soon be available on the Optimism mainnet.