# Introduction

## What We're Building

Chainsight is deploying perpetual markets on Hyperliquid via HIP-3, starting with variance perpetuals - the first clean volatility exposure in DeFi. Our exchange will expand to include major indices (S\&P 500, NASDAQ), forex pairs, and commodities, all powered by our custom oracle infrastructure.

## Core Products

### **Variance Perpetuals**

* VAR-BTC and VAR-ETH track 30-day realized volatility
* Trade volatility directly without options complexity
* Capture the \~$45B variance risk premium in crypto markets

### **Traditional Markets** (Coming Soon)

* Stock indices: S\&P 500, NASDAQ, FTSE
* Major forex: EUR/USD, GBP/USD, USD/JPY
* Commodities: Gold, Oil, Silver

## Why Chainsight?

Unlike basic perpetual exchanges, we specialize in complex instruments that require sophisticated data processing and flexible data access. Our variance perps calculate real-time volatility metrics that would be impossible with standard price oracles. This same infrastructure enables us to bring any traditional market on-chain with institutional-grade reliability.