Mainnet · Q2 2026

Trade the magnitude
of price, not its direction.

MoveX is the first decentralized market for absolute price movements. A single instrument for volatility — no Greeks, no funding, no rebalancing.

Read more
Daily perp volume tracked
$16B+Hyperliquid
Options open interest
$60B+Deribit
Native vol instruments in DeFi
0Until now
Settlement layer
On-chainFully transparent
01The Problem

Existing tools quietly tax
every volatility trade you make.

Whether through options that decay or perpetual futures that bleed funding rates, the current tools for capturing movement are structurally designed to transfer your capital to exchanges and market makers.

Options

The theta trap

You pay elevated premium when implied volatility is already high, then bleed theta every day the move doesn't happen. When BTC finally rips from $65K to $75K, did you make enough to cover both premiums plus the decay?

The answer is usually no.

Perpetuals

The funding bleed

Long spot, short the perp, stay delta-neutral. Except this isn't a volatility trade — it's basis arbitrage. The moment BTC moves 3%, your hedge ratio breaks. Rebalance. Pay fees. Eat slippage. Repeat.

It's a carry trade masquerading as vol.

Both approaches work if you’re a professional market maker with quant teams and millions in capital. For everyone else, they’re mechanisms to transfer your money to exchanges, one basis point at a time.

— The volatility tax. And you’ve been paying it.

02The Solution

A native instrument
for what you’re actually
trying to trade.

MOVE contracts settle on the absolute distance between the opening price and the closing price. No clever hacks, no synthetic constructions — direct, linear exposure to magnitude.

The payoff formula

PnL =|Close − Open|

Direction doesn’t matter. Only magnitude.

No Greeks
No funding rates
No rebalancing

Long volatility

You profit if the price moves significantly in any direction.

Short volatility

You profit if the price stays stable or reverts toward the open.

Live concept

Mechanics in one screen

BTC opens at $90k. The contract pays out the absolute distance between open and close. Toggle a side to see where you make money.

$88k$90k · open$92k
Entry · 91k
BTC open
Profit zone
Loss zone
01

Market context

BTC opened at $90,000 and currently trades at $91,000.
|91k − 90k| = $1,000
02

Long strategy · $1,000 entry

You expect volatility to expand. You profit if BTC trades above $91k or below $89k.
03

Outcome

BTC reaches $95k. Contract settles at $5,000. With a $1,000 entry, that’s a +400% ROI.
03The Opportunity

In TradFi, volatility
is its own asset class.
In crypto, it’s unbuilt.

Billion-dollar funds exist solely to trade volatility in traditional markets. In crypto, no native equivalent has shipped — even as derivatives volume sets records every quarter.

Reference
$16B+

Daily volume on Hyperliquid alone

Reference
$60B+

Open interest in options on Deribit

Gap
0

Native volatility instruments in DeFi

The total addressable market is every derivatives trader who has ever been right about the move but wrong about the direction.

For retail

Direct exposure to magnitude.

Every perp trader sizing up before CPI or FOMC is implicitly trading volatility. MOVE contracts make that explicit — no directional guessing, no liquidation from picking the wrong side.

For institutions

Liquid, linear, API-first.

Hedge funds need an API and deep liquidity, not a frontend. Market makers can quote two-sided markets on a linear payoff instead of managing complex options hedging books.

04Coverage

Any asset with a price feed.
One settlement engine.

MOVE contracts work on any asset with a reliable price feed. Listing a new market requires nothing more than an oracle connection — the matching engine, margin system and insurance fund stay the same.

Settlement

Same engine

Margin

Same system

Risk

Same insurance fund

Real-world assets · ready to list

FX pairs

Commodities

Treasuries

Equity indices

Powered by Chainlink & Pyth oracle infrastructure.

Charts by TradingViewTradingView