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Analysis: VIX and Brent crude oil trends are diverging, a third volatility shock may be imminent

2026-04-30 12:28:43

Kryptanium Capital co-founder Daniel Yan posted on social media that in April, there was a significant divergence between the VIX and Brent crude oil futures, thanks to the resilience of the S&P 500 index. This is a fat-tail risk, and the volatility shock shook the global macro markets twice at the end of January and the end of February. It would not be surprising to see a third shock soon.

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