BVOL index — level and chart
The BVOL index: level 36.71, 24h change +0.82%. A calculated value over a basket of shares, not a single stock. Updated in real time.
What this is
Market indexThe bitcoin volatility index — a numeric estimate of how large a swing the market expects in the near term; it is computed from option prices, not from past moves. It reads as an annualised percentage: a value of 35 means an expected range of about 35% a year. What this shows: the index rises on fear and falls in calm, so it usually moves against the bitcoin price itself, and it is taken as insurance rather than a directional bet. Here it trades as a perpetual contract on Gate; trading volatility directly is harder than trading a coin — the contract lives on its own curve, and simply buying and holding here is almost always a losing proposition.
Chart
Chart built from data of Gate
What the data shows
BVOL trades at 36.71. Over 67 days it ranged between 32.10 and 45.40; the price now sits in the middle of that range — 35% of the way from the yearly low to the high.
All-time high is 45.40 (August 2026); the price is 19% below it now.
The daily range is 2.5% and five-minute NATR is 0.00%. That range is at percentile 13 for the year — a noticeably calmer day than usual.
Open positions in BVOL are worth $24K. Over the past hour open interest rose by 0.00%. That is at percentile 16 over three weeks: noticeably fewer positions than usual.
There is only one venue — Gate — and no second price source: if it drifted from the market, there would be nothing to notice it by.
Behind this ticker stands a share, not a token. The contract trades without weekends, while the exchange of the share itself is shut overnight and at weekends — in those hours the price is driven by expectations, not by trades in the stock.
24-hour turnover is $831 — percentile 37 for the year: a normal level of activity for it.
BVOL correlation with Bitcoin over 24 hours is 0.04 — it goes its own way, barely looking at Bitcoin.
Funding is +0.0100%: longs pay shorts, so positioning leans to buyers.
Over the day +0.82%, over the hour 0.00%, over the last five minutes 0.00% — it moved livelier an hour ago and has since gone quiet.
By turnover it ranks 1918 of 2042 instruments in the screener.
By daily range it ranks 1117 of 2042.
Built from current numbers and the coin's own year of history. Updates with the data.
Our observations
KairoRight now BVOL is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — market index. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.