> ## Documentation Index
> Fetch the complete documentation index at: https://docs.hyperodd.com/llms.txt
> Use this file to discover all available pages before exploring further.

# VOLX

> Trade US S&P 500 volatility index (VOLX) futures at 50x

HyperOdd’s flagship market is **hov:VOLX**, a HIP-3 builder perpetual based on the VXX (Volatility Index Short Term Futures ETN).

**VOLX** brings crypto-native exposure to traditional volatility trading, allowing users to go long or short on market volatility directly on Hyperliquid **24x7** at **50x leverage**.

Read more: [https://x.com/HyperOddX/status/2036880148122001598](https://x.com/HyperOddX/status/2036880148122001598)

Testnet (Live): [https://app.hyperliquid-testnet.xyz/trade/hov:VOLX](https://app.hyperliquid-testnet.xyz/trade/hov:VOLX)