IV INDICES
MVIV®
Market Volmex Implied Volatility Index
About MVIV
Market-cap-weighted aggregate of BVIV and EVIV — the crypto market implied-vol benchmark.
MVIV measures the constant, forward-looking 30-day expected volatility of Crypto, calculated by consolidating option and futures data across leading derivatives venues into a unified option book and smoothing using exponentially-weighted averaging.
The methodology mirrors the construction of CBOE’s VIX, adapted for the structural realities of crypto option markets — fragmented liquidity, 24/7 settlement, and venue-specific funding.