> For the complete documentation index, see [llms.txt](https://v1.docs.volmex.finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://v1.docs.volmex.finance/master.md).

# Overview

[volmex.finance](https://volmex.finance/) is a protocol for tokenized volatility built on Ethereum. The protocol enables VIX-like indices for crypto assets and trading functionality powered by Ethereum.

<figure><img src="/files/OYTzygx1o7AhhJBg4uUV" alt=""><figcaption></figcaption></figure>

Example use cases:

* Traders can purchase volatility tokens to express a view on market volatility
* Volatility tokens can be used to hedge out risks from other derivatives venues
* Volatility arbitrage opportunities between other derivatives venues and Volmex
* DeFi protocols can integrate and reference Volmex volatility indices&#x20;

**About Volmex Labs**

Volmex Labs, the development company building the volmex.finance protocol, is backed by leading market makers and crypto investors including Alameda Research, Three Arrows Capital, CMS Holdings, Orthogonal Trading, Robot Ventures, IOSG Ventures, and more.


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