---
title: "Potential Volatility in Global Markets as VIX and Brent Crude Futures Diverge"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284693758.md"
description: "Kryptanium Capital co-founder Daniel Yan pointed out a significant divergence between the VIX and Brent crude futures in April, linked to the resilience of the S&P 500 index. He referred to this as a 'fat tail risk,' indicating that volatility shocks had already affected global macro markets earlier this year, with a potential third shock looming."
datetime: "2026-04-30T04:33:39.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284693758.md)
  - [en](https://longbridge.com/en/news/284693758.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284693758.md)
---

# Potential Volatility in Global Markets as VIX and Brent Crude Futures Diverge

Kryptanium Capital co-founder Daniel Yan highlighted on social media that there was a significant divergence between the VIX and Brent crude futures in April. According to ChainCatcher, this divergence is attributed to the resilience of the S&P 500 index. Yan described this situation as a 'fat tail risk,' noting that volatility shocks had already impacted global macro markets at the end of January and February. He suggested that a third shock could occur soon, and it would not be surprising.

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