Introducing Volmex Prime Rate Indices (VPR)

Today, Volmex is proud to introduce the Volmex Prime Rate Indices (VPR), the benchmark index standard for crypto interest rates. The VPR Indices measure the cost of capital in crypto. Volmex has truly evolved into a premier benchmark index conglomerate with the launch of these six new Volmex fixed-income indices.

VPR Indices, the BVPR Index (Bitcoin Volmex Prime Rate) and EVPR Index (Ethereum Volmex Prime Rate), tackle a major challenge: the lack of a unified benchmark for capital pricing. Disjointed data makes it tough for borrowers, lenders, and developers to assess real-time leverage costs, causing inefficiencies like delayed capital allocation, unclear risk, and institutional barriers. Without a standard reference rate, crypto's capital costs remain undefined, constraining the ecosystem.

The Volmex Prime Rate (VPR) Indices consolidate the crypto industry's diverse cost of capital into a single benchmark. The VPR Indices aggregates stablecoin lending yields from top protocols like Morpho, Aave, and Compound, weighted by volume, ensuring accuracy. The VPR Indices also include BTC and ETH perpetual funding rates, capturing leveraged shorts and market sentiment.

Updated in real-time, the VPR Indices simplifies rate comparisons across protocols for borrowers and provides a market baseline for lenders. Developers can leverage it for innovations like fixed-rate loans and automated strategies. This comprehensive view of crypto's capital cost empowers users to make swift, informed decisions.

How the VPR Indices work

The VPR Indices standardize crypto's cost of capital, offering transparent, single rates reflecting onchain borrowing and derivatives market dynamics for both BTC and ETH. The VPR Indices consist of two components:

• Volmex DeFi Lending Rate (DLR) Indices: Provides insights into market sentiment and liquidity by analyzing protocol dynamics. Lending protocols supported at launch are @MorphoLabs, @aave, and @compoundfinance. Available Indices: Bitcoin Volmex DeFi Lending Rate Index (BDLR) and Ethereum Volmex DeFi Lending Rate Index (EDLR)

• Volmex Funding Rate (FR) Indices: Track perpetual futures funding rates for BTC and ETH. Available Indices: Bitcoin Funding Rate Index (BFR) and Ethereum Funding Rate Index (EFR)

Access the VPR Indices:

Volmex Charts: https://charts.volmex.finance

Methodology: https://volmex.finance/VPR-paper.pdf

Volmex API: https://charts.volmex.finance/API-pricing

More about Volmex

Volmex Implied Volatility Indices, notably the BVIV Index (Bitcoin Volmex Implied Volatility) and EVIV Index (Ethereum Volmex Implied Volatility), are a series of indices created by Volmex Finance that track the forward-looking 30-day volatility implied by the option quotes available on leading options exchanges. The BVIV and EVIV Indices are both a single number that summarizes the market expectations on BTC and ETH’s future moves. Volmex volatility indices are supported by industry leaders including TradingView, CoinMarketCap, and more.