{"schemaVersion":1,"asset":"TRX","reportDate":"2026-09-24","timestamps":{"currentSnapshotAt":"2026-09-24T16:30:00+00:00","previousSnapshotAt":"2026-09-23T16:30:00+00:00","generatedAt":"2026-09-24T16:32:27+00:00"},"comparison":{"status":"available","note":null},"provenance":{"reportArtifact":"published daily report","sourceReport":"ALTS","sourceReportHref":"/reports/altcoins/2026-09-24","source":"Stored Derivasys SVI surfaces","comparison":"Latest successful snapshot at or before the common cutoff versus the nearest successful snapshot 24 hours earlier, within a three-hour tolerance.","rrConvention":"25-delta risk reversal","bfConvention":"25-delta butterfly","fixedTenors":"Published ALTS tenor grid","realisedVolatility":null},"tenors":[{"tenor":"1W","targetExpiry":null,"availability":"available","unavailableReason":null,"atmIv":{"current":22.22,"previous":21.3,"change":0.92,"percentChange":4.32},"rr25":{"current":0.02,"previous":0.14,"change":-0.12,"percentChange":-85.71},"bf25":{"current":2.04,"previous":2.32,"change":-0.28,"percentChange":-12.07}},{"tenor":"2W","targetExpiry":null,"availability":"available","unavailableReason":null,"atmIv":{"current":22.58,"previous":21.73,"change":0.85,"percentChange":3.91},"rr25":{"current":0.39,"previous":0.69,"change":-0.3,"percentChange":-43.48},"bf25":{"current":2.07,"previous":2.31,"change":-0.24,"percentChange":-10.39}},{"tenor":"1M","targetExpiry":null,"availability":"available","unavailableReason":null,"atmIv":{"current":22.65,"previous":22.08,"change":0.57,"percentChange":2.58},"rr25":{"current":0.39,"previous":1.07,"change":-0.68,"percentChange":-63.55},"bf25":{"current":2.01,"previous":2.29,"change":-0.28,"percentChange":-12.23}},{"tenor":"3M","targetExpiry":null,"availability":"available","unavailableReason":null,"atmIv":{"current":22.52,"previous":22.12,"change":0.4,"percentChange":1.81},"rr25":{"current":0.06,"previous":0.89,"change":-0.83,"percentChange":-93.26},"bf25":{"current":2.14,"previous":2.49,"change":-0.35,"percentChange":-14.06}},{"tenor":"6M","targetExpiry":null,"availability":"unavailable","unavailableReason":"The target tenor is not bracketed by listed expiries; extrapolated values are suppressed.","atmIv":{"current":null,"previous":null,"change":null,"percentChange":null},"rr25":{"current":null,"previous":null,"change":null,"percentChange":null},"bf25":{"current":null,"previous":null,"change":null,"percentChange":null}},{"tenor":"9M","targetExpiry":null,"availability":"unavailable","unavailableReason":"The target tenor is not bracketed by listed expiries; extrapolated values are suppressed.","atmIv":{"current":null,"previous":null,"change":null,"percentChange":null},"rr25":{"current":null,"previous":null,"change":null,"percentChange":null},"bf25":{"current":null,"previous":null,"change":null,"percentChange":null}},{"tenor":"1Y","targetExpiry":null,"availability":"unavailable","unavailableReason":"The target tenor is not bracketed by listed expiries; extrapolated values are suppressed.","atmIv":{"current":null,"previous":null,"change":null,"percentChange":null},"rr25":{"current":null,"previous":null,"change":null,"percentChange":null},"bf25":{"current":null,"previous":null,"change":null,"percentChange":null}}],"realisedVolatility":{"source":"canonical/TRX-USDC-INDEX (DERIBIT and OKX indexes)","samplingInterval":"1 minute","annualizationBasis":"365 days","windowEnd":"2026-09-24T16:30:00+00:00","spotMove24hPercent":0.53,"rv24hPercent":18.19,"rv7dPercent":null,"rv30dPercent":null,"observations":{"24h":1440,"7d":9824,"30d":42906},"coverage":{"24h":{"status":"complete","observedReturns":1440,"expectedReturns":1440,"coveragePercent":100,"largestMissingRunMinutes":0,"unavailableReason":null},"7d":{"status":"unavailable","observedReturns":9824,"expectedReturns":10080,"coveragePercent":97.4603,"largestMissingRunMinutes":228,"unavailableReason":"7d RV requires at least 99.5% valid one-minute returns and no price gap over 60 minutes; coverage is 97.4603% with a largest gap of 228 minutes."},"30d":{"status":"unavailable","observedReturns":42906,"expectedReturns":43200,"coveragePercent":99.3194,"largestMissingRunMinutes":228,"unavailableReason":"30d RV requires at least 99.5% valid one-minute returns and no price gap over 60 minutes; coverage is 99.3194% with a largest gap of 228 minutes."}},"coveragePolicy":{"version":"observed-minute-returns-v1","minimumCoveragePercent":99.5,"maximumMissingRunMinutes":60,"methodology":"Each RV window qualifies independently. RV annualises the mean squared observed one-minute log return; returns spanning gaps are excluded, not interpolated or zero-filled. Partial estimates assume observed minutes are representative and may miss volatility during gaps."},"oneWeekAtmIvPercent":22.22,"oneWeekIvMinus7dRvPoints":null,"oneWeekIvMinus24hRvPoints":4.03,"oneWeekIvMinus30dRvPoints":null,"oneWeekIvTo7dRvRatio":null,"spreadPercentile":null,"spotUnavailableReason":null},"realisedVolatilityUnavailableReason":null}