PVAR-BTC is scheduled for Testnet release in Q4 2027. Full specification and trading details will be published ahead of launch. Follow @everstrike_dex on X for updates.
Products
PVAR-BTC: Perpetual BTC Variance Swap on Everstrike
PVAR-BTC is Everstrike’s perpetual BTC variance swap, offering exposure to realized variance. Scheduled for Testnet release in Q4 2027.
PVAR-BTC is Everstrike’s perpetual Bitcoin variance swap — an instrument that gives you direct exposure to the realized variance of BTC rather than its price direction. A variance swap pays off based on the difference between realized variance (how much the asset actually moves) and implied variance (how much the market expected it to move). This makes PVAR-BTC a pure volatility instrument: you are not betting on whether BTC goes up or down, but on whether realized volatility comes in above or below what the market has priced in.
Stay up to date with product announcements and release timelines by following @everstrike_dex on X.