Ethereum Volatility Index rose to 81.41 yesterday, with a daily increase of 0.33%

BlockBeats news, on May 23, the EthVol (Ethereum volatility) index launched by financial index company T3 Index and options trading platform LedgerX rose to 81.41 yesterday, a daily increase of 0.33%.

BlockBeats Note: The EthVol index measures the 30-day expected implied volatility derived from the price of tradable Ethereum options. Implied volatility refers to the volatility implied by the actual option price. It is the volatility inferred by substituting the actual option price and other parameters except volatility σ into the B-S option pricing formula.

The actual price of an option is formed by the competition of many option traders. Therefore, the implied volatility represents the market participants' views and expectations on the future of the market, and is therefore regarded as the closest to the actual volatility at the time.