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first_img Cboe is exploring the launch of VIX perpetual futures, still in the early stages

According to CoinDesk, Cboe is exploring the launch of perpetual futures linked to the VIX index, which is still in the early stages, with no contract specifications yet and no filing documents submitted. This news comes from Bloomberg.The VIX index measures the expected volatility over the next 30 days as reflected by the pricing of S&P 500 options. As investors buy options to hedge against sharp market declines, the demand for options during downturns surges, thereby raising the index, which is why it is regarded as Wall Street's "fear gauge." Perpetual futures were first proposed by economist Robert Shiller in 1993 and were subsequently commercialized by the cryptocurrency industry.A mature derivatives ecosystem has already formed around the VIX, covering futures, options, and exchange-traded products tracking the index. However, futures come with expiration dates, and when contracts terminate, traders must roll over their positions or shift their bets to the next available contract. This rolling operation is costly and erodes returns, which was a major criticism faced by Bitcoin futures ETFs when they debuted at the end of 2021.In contrast, perpetual swaps never settle and instead anchor contract prices to the spot index through a funding rate mechanism, theoretically providing investors with the closest investment channel to the actual VIX spot price. Martin Lee, Head of Market Insights at DWF Labs, told CoinDesk that traders do not need to worry about expiration and value decay, as they can focus solely on assessing the direction of the underlying asset. He expects a strong trend of "perpetualization" to emerge in the coming months.

Gate released a promotional video for TOKEN2049 in Singapore, Dr. Han will attend the event and give a speech on the main stage

As TOKEN2049 in Singapore approaches, Gate has released a promotional video for the event. In the video, Gate's founder and CEO Dr. Han shares his thoughts on continuous innovation and change, stating that the next one to two years will mark "a new starting point," and Gate will continue to advance its products, services, and market development.It is reported that Dr. Han will attend this TOKEN2049 in Singapore, delivering a keynote speech on the main stage and engaging in a fireside chat with four-time F1 World Champion Max Verstappen. During the event, Gate will set up a brand booth and exclusive lounge at the TOKEN2049 venue, providing participants with an opportunity to gain in-depth insights into Gate's products, business layout, and global ecological development.Additionally, Gate will host the Gate Gala awards dinner at the Raffles Hotel in Singapore on October 8, expecting nearly 300 global industry founders, institutional representatives, investors, content creators, and ecological partners to attend.Currently, Gate's global user base has surpassed 61 million, with the platform supporting over 5,300 cryptocurrencies and more than 12,800 stocks and ETFs, covering multiple areas including spot trading, contracts, stocks, wealth management, payments, and AI. As the business landscape continues to expand, Gate is building a global platform that encompasses diverse assets and financial services. During this TOKEN2049 trip to Singapore, Gate will focus on presenting the latest developments and future plans of the platform, opening the next phase with a more complete business map and broader global connections.
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