Rules

1. Window. Fills on mkts:BVIV on Hyperliquid between the start and the end count. Registration stays open until the end, and fills from before you registered count as long as they fall inside the window.
2. Scoring. Ranked by maker volume: the notional value (price × size) of your BVIV fills from orders that were resting on the book. Taker fills don't count. Ties go to the account with more total volume.
3. One entry each. One registered Hyperliquid account per person or team. Main accounts and sub-accounts are allowed; vaults are not. Someone who enters several accounts may have all of them disqualified.
4. Fair play. Wash trading, self-trading, trading between related accounts, and attempts to move the BVIV mark or oracle lead to disqualification. Hyperliquid's public trade feed shows both sides of every fill, and we review the winner's counterparties before paying out.
5. Results. The live leaderboard is a guide. Final standings are published within 3 days of the end, after the fair-play review. Volmex's calculation, from Hyperliquid's public data, is final.
6. Payout. The winner verifies their account by signing with the winning wallet on this page and emails team@volmexlabs.com. The prize is paid in USDC to the winning account within 14 days of the final standings.
7. Eligibility. Anyone trading BVIV on Hyperliquid can enter, by bot or by hand. You must be allowed to use Hyperliquid where you live. Volmex staff and market makers contracted for BVIV are not eligible.
8. Changes. Volmex may change or end the competition if the market is halted, the oracle fails, or the rules are being abused. Any change is posted on this page.

Volmex provides the BVIV index. It is not the exchange and does not hold your funds. Trading perpetual futures is risky, and you can lose everything you deposit. The Hummingbot script is example code, provided as is; read its disclaimer before using it. Nothing on this page is financial advice.