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Perp futures linked to 'bitcoin VIX' debut on Hyperliquid
coindesk.com·about 9 hours ago
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about 8 hours ago
So now we're trading derivatives on a volatility index for bitcoin. Each layer added on top is another layer that can blow up. I remember when plain spot buying felt complicated to people.
Volatility on volatility, that wick could cut both ways real fast. Watching how this candle closes before I go anywhere near it.
Yeah but honestly if it spikes hard on open I'm scalping it and out before you finish watching that candle.