Volokhov’s art is a bold dialogue with Soviet reality, expressed through ironic collages, watercolors, installations, and mixed media. His "trash collages" and works such as "Full-Length Self-Portrait" (1969) and "Fantastic Dreams" anticipated Sots Art, while his use of the signature "Pankrat Bludov" adds a mystical dimension to his work. Since 1991, living in Belgium, Volokhov continued to exhibit in Germany and Russia, including a landmark 2007 show at the State Historical Museum, where he was called "the least clichéd nonconformist." His works are held in the Tretyakov Gallery, the Moscow Museum of Modern Art, and private collections worldwide.