PANews reported on January 28 that, according to an official announcement, the Gate Index Zone will launch live trading of BVIX (BTC Volatility Index) and EVIX (ETH Volatility Index) perpetual contracts (USDT settlement) at 15:00 (UTC+8) on January 28, supporting leverage from 1 to 50 times.

Gate's perpetual index contracts are based on major global indices and volatility indices, introducing market sentiment indicators into the crypto derivatives trading system. While maintaining the advantages of USDT settlement and 24/7 trading, they provide users with trading options that are closer to the global macro market. As an important indicator of market uncertainty, the rise and fall of the VIX reflects changes in investors' expectations of risk and is often used for hedging and risk management. Its launch further provides investors with more professional trading tools, expanding the scope for cross-market trading and strategy deployment.