{"schemaVersion":1,"asset":"TRX","reportDate":"2026-10-30","sourceSelectionPolicy":"last-good-as-of-v1","freshness":{"status":"available","ageMinutes":0,"maximumAgeMinutes":180},"timestamps":{"currentSnapshotAt":"2026-10-30T17:31:00+00:00","previousSnapshotAt":"2026-10-29T17:31:00+00:00","generatedAt":"2026-10-30T17:40:15+00:00","referenceCutoffAt":"2026-10-30T17:31:00+00:00"},"comparison":{"status":"available","note":null},"provenance":{"reportArtifact":"published daily report","sourceReport":"ALTS","sourceReportHref":"/reports/altcoins/2026-10-30","source":"Stored Derivasys SVI surfaces","comparison":"Latest successful snapshot within three hours at or before the edition reference cutoff versus the nearest successful snapshot 24 hours earlier, within a one-hour tolerance.","rrConvention":"25-delta risk reversal","bfConvention":"(iv25Call + iv25Put) / 2 - ivAtm","originalBfConvention":null,"fixedTenors":"Published ALTS tenor grid","realisedVolatility":null,"sourceSnapshot":{"status":"available","unavailableReason":null,"capturedArtifact":{"version":1,"kind":"capturedSurfaceInputs","revision":"captured-surface-inputs-v1:sha256:54ce58553aa941a44fe59989097c92cbd5be014b5dd6e131dd4c0e39e49f18db","sha256":"54ce58553aa941a44fe59989097c92cbd5be014b5dd6e131dd4c0e39e49f18db","url":"/data/trx/2026-10-30/source-snapshot.json?sha256=54ce58553aa941a44fe59989097c92cbd5be014b5dd6e131dd4c0e39e49f18db&reportSha256=21d95cbd6f25e79a47d5eb9b1d622cfa9a9943cb9b49e74a839a940c86806d10","publishedReportSha256":"21d95cbd6f25e79a47d5eb9b1d622cfa9a9943cb9b49e74a839a940c86806d10","scope":"fetched fit-run and surface inputs; not an original database revision or raw quotes","nativeRunIdentity":{"current":{"id":818611,"timestamp":"2026-10-30T17:31:00+00:00"},"previous":{"id":808842,"timestamp":"2026-10-29T17:31:00+00:00"},"table":"surface_fit_runs"},"bf25Basis":"canonical-bf25","originalCapture":true,"verification":"SHA-256 of exact captured bytes, tagged input types, native run identity/clocks and consumed tenor nodes; no SVI refit or raw-quote validation"},"originalDatabase":{"status":"unknown","sha256":null,"revision":null}}},"bf25Presentation":{"version":1,"kind":"derivedBf25Presentation","status":"available","originalBasis":"canonical-bf25","unavailableReason":null,"definition":{"version":"average-wing-minus-atm-v1","formula":"(iv25Call + iv25Put) / 2 - ivAtm","fullFlyFormula":"iv25Call + iv25Put - 2 * ivAtm","unit":"volatility points","conversionMethod":"verified-captured-explicit-bf25-else-decimal-full-fly-half-v1","rounding":"native six-place operands; four-place endpoints/change; two-place percent change","verification":"Exact capture hash, native builder/endpoints and rounded captured wing consistency; no raw-quote or SVI refit validation"},"lineage":{"asset":"TRX","reportDate":"2026-10-30","reportSha256":"21d95cbd6f25e79a47d5eb9b1d622cfa9a9943cb9b49e74a839a940c86806d10","reportUrl":"https://d1lo1ty2ac77zf.cloudfront.net/v1/alts/daily/2026-10-30/21d95cbd6f25e79a47d5eb9b1d622cfa9a9943cb9b49e74a839a940c86806d10.json","captureSha256":"54ce58553aa941a44fe59989097c92cbd5be014b5dd6e131dd4c0e39e49f18db","captureRevision":"captured-surface-inputs-v1:sha256:54ce58553aa941a44fe59989097c92cbd5be014b5dd6e131dd4c0e39e49f18db","currentSnapshotAt":"2026-10-30T17:31:00+00:00","previousSnapshotAt":"2026-10-29T17:31:00+00:00","currentSnapshotId":818611,"previousSnapshotId":808842,"currentEndpointProjectionSha256":"23f508d67c368c8cc0a344b59746f7795ed4c8d3194f70772de21b738a8365d7","previousEndpointProjectionSha256":"b3ce4236a1f8dda41dddae3bd4e1d1483b2b36f4334ecb8a88e84229d2a16bde"},"tenors":[{"tenor":"1W","status":"available","unavailableReason":null,"bf25":{"change":-0.24,"current":0.88,"percentChange":-21.43,"previous":1.12},"fullFly25":{"current":1.76,"previous":2.23,"change":-0.47,"percentChange":-21.08},"sources":{"current":"explicit-bf_25","previous":"explicit-bf_25"},"wingVerification":{"current":"matched-rounded-captured-nodes","previous":"matched-rounded-captured-nodes"}},{"tenor":"2W","status":"available","unavailableReason":null,"bf25":{"change":1.36,"current":2.61,"percentChange":108.8,"previous":1.25},"fullFly25":{"current":5.22,"previous":2.5,"change":2.72,"percentChange":108.8},"sources":{"current":"explicit-bf_25","previous":"explicit-bf_25"},"wingVerification":{"current":"matched-rounded-captured-nodes","previous":"matched-rounded-captured-nodes"}},{"tenor":"1M","status":"available","unavailableReason":null,"bf25":{"change":0.61,"current":1.91,"percentChange":46.92,"previous":1.3},"fullFly25":{"current":3.82,"previous":2.61,"change":1.21,"percentChange":46.36},"sources":{"current":"explicit-bf_25","previous":"explicit-bf_25"},"wingVerification":{"current":"matched-rounded-captured-nodes","previous":"matched-rounded-captured-nodes"}},{"tenor":"3M","status":"unavailable","unavailableReason":"The target tenor is not bracketed by listed expiries; extrapolated values are suppressed.","bf25":{"change":null,"current":null,"percentChange":null,"previous":null},"fullFly25":{"current":null,"previous":null,"change":null,"percentChange":null},"sources":{"current":null,"previous":null},"wingVerification":{"current":"matched-rounded-captured-nodes","previous":"matched-rounded-captured-nodes"}},{"tenor":"6M","status":"unavailable","unavailableReason":"The target tenor is not bracketed by listed expiries; extrapolated values are suppressed.","bf25":{"change":null,"current":null,"percentChange":null,"previous":null},"fullFly25":{"current":null,"previous":null,"change":null,"percentChange":null},"sources":{"current":null,"previous":null},"wingVerification":{"current":"matched-rounded-captured-nodes","previous":"matched-rounded-captured-nodes"}},{"tenor":"9M","status":"unavailable","unavailableReason":"The target tenor is not bracketed by listed expiries; extrapolated values are suppressed.","bf25":{"change":null,"current":null,"percentChange":null,"previous":null},"fullFly25":{"current":null,"previous":null,"change":null,"percentChange":null},"sources":{"current":null,"previous":null},"wingVerification":{"current":"matched-rounded-captured-nodes","previous":"matched-rounded-captured-nodes"}},{"tenor":"1Y","status":"unavailable","unavailableReason":"The target tenor is not bracketed by listed expiries; extrapolated values are suppressed.","bf25":{"change":null,"current":null,"percentChange":null,"previous":null},"fullFly25":{"current":null,"previous":null,"change":null,"percentChange":null},"sources":{"current":null,"previous":null},"wingVerification":{"current":"matched-rounded-captured-nodes","previous":"matched-rounded-captured-nodes"}}],"derivationSha256":"4c5da58b9a9ca79282572572634e9629a271e1e8de2f1d719bc56d85edf58146"},"metricDefinitions":{"bf25":{"version":"average-wing-minus-atm-v1","formula":"(iv25Call + iv25Put) / 2 - ivAtm","fullFlyFormula":"iv25Call + iv25Put - 2 * ivAtm","unit":"volatility points","conversionMethod":"verified-captured-explicit-bf25-else-decimal-full-fly-half-v1","rounding":"native six-place operands; four-place endpoints/change; two-place percent change","verification":"Exact capture hash, native builder/endpoints and rounded captured wing consistency; no raw-quote or SVI refit validation"}},"tenors":[{"tenor":"1W","targetExpiry":null,"availability":"available","unavailableReason":null,"atmIv":{"change":16.26,"current":36.23,"percentChange":81.42,"previous":19.97},"rr25":{"change":-0.39,"current":-0.1,"percentChange":-134.48,"previous":0.29},"bf25":{"change":-0.24,"current":0.88,"percentChange":-21.43,"previous":1.12},"fullFly25":{"current":1.76,"previous":2.23,"change":-0.47,"percentChange":-21.08},"bf25Status":"available","bf25UnavailableReason":"authenticated-bf25-source-unavailable"},{"tenor":"2W","targetExpiry":null,"availability":"available","unavailableReason":null,"atmIv":{"change":3.72,"current":24.74,"percentChange":17.7,"previous":21.02},"rr25":{"change":0.8,"current":0.12,"percentChange":117.65,"previous":-0.68},"bf25":{"change":1.36,"current":2.61,"percentChange":108.8,"previous":1.25},"fullFly25":{"current":5.22,"previous":2.5,"change":2.72,"percentChange":108.8},"bf25Status":"available","bf25UnavailableReason":"authenticated-bf25-source-unavailable"},{"tenor":"1M","targetExpiry":null,"availability":"available","unavailableReason":null,"atmIv":{"change":1.18,"current":22.08,"percentChange":5.65,"previous":20.9},"rr25":{"change":-0.11,"current":-0.12,"percentChange":-1100,"previous":-0.01},"bf25":{"change":0.61,"current":1.91,"percentChange":46.92,"previous":1.3},"fullFly25":{"current":3.82,"previous":2.61,"change":1.21,"percentChange":46.36},"bf25Status":"available","bf25UnavailableReason":"authenticated-bf25-source-unavailable"},{"tenor":"3M","targetExpiry":null,"availability":"unavailable","unavailableReason":"The target tenor is not bracketed by listed expiries; extrapolated values are suppressed.","atmIv":{"change":null,"current":null,"percentChange":null,"previous":null},"rr25":{"change":null,"current":null,"percentChange":null,"previous":null},"bf25":{"change":null,"current":null,"percentChange":null,"previous":null},"fullFly25":{"current":null,"previous":null,"change":null,"percentChange":null},"bf25Status":"unavailable","bf25UnavailableReason":"The target tenor is not bracketed by listed expiries; extrapolated values are suppressed."},{"tenor":"6M","targetExpiry":null,"availability":"unavailable","unavailableReason":"The target tenor is not bracketed by listed expiries; extrapolated values are suppressed.","atmIv":{"change":null,"current":null,"percentChange":null,"previous":null},"rr25":{"change":null,"current":null,"percentChange":null,"previous":null},"bf25":{"change":null,"current":null,"percentChange":null,"previous":null},"fullFly25":{"current":null,"previous":null,"change":null,"percentChange":null},"bf25Status":"unavailable","bf25UnavailableReason":"The target tenor is not bracketed by listed expiries; extrapolated values are suppressed."},{"tenor":"9M","targetExpiry":null,"availability":"unavailable","unavailableReason":"The target tenor is not bracketed by listed expiries; extrapolated values are suppressed.","atmIv":{"change":null,"current":null,"percentChange":null,"previous":null},"rr25":{"change":null,"current":null,"percentChange":null,"previous":null},"bf25":{"change":null,"current":null,"percentChange":null,"previous":null},"fullFly25":{"current":null,"previous":null,"change":null,"percentChange":null},"bf25Status":"unavailable","bf25UnavailableReason":"The target tenor is not bracketed by listed expiries; extrapolated values are suppressed."},{"tenor":"1Y","targetExpiry":null,"availability":"unavailable","unavailableReason":"The target tenor is not bracketed by listed expiries; extrapolated values are suppressed.","atmIv":{"change":null,"current":null,"percentChange":null,"previous":null},"rr25":{"change":null,"current":null,"percentChange":null,"previous":null},"bf25":{"change":null,"current":null,"percentChange":null,"previous":null},"fullFly25":{"current":null,"previous":null,"change":null,"percentChange":null},"bf25Status":"unavailable","bf25UnavailableReason":"The target tenor is not bracketed by listed expiries; extrapolated values are suppressed."}],"realisedVolatility":{"source":"canonical/TRX-USDC-INDEX (DERIBIT and OKX indexes)","samplingInterval":"1 minute","annualizationBasis":"365 days","windowEnd":"2026-10-30T17:31:00+00:00","spotMove24hPercent":1.77,"rv24hPercent":189.84,"rv7dPercent":72.55,"rv30dPercent":36.88,"observations":{"24h":1440,"7d":10080,"30d":43200},"coverage":{"24h":{"coveragePercent":100,"expectedReturns":1440,"largestMissingRunMinutes":0,"missingIntervals":0,"missingPriceMinutes":0,"observedReturns":1440,"status":"complete","unavailableReason":null},"30d":{"coveragePercent":100,"expectedReturns":43200,"largestMissingRunMinutes":0,"missingIntervals":0,"missingPriceMinutes":0,"observedReturns":43200,"status":"complete","unavailableReason":null},"7d":{"coveragePercent":100,"expectedReturns":10080,"largestMissingRunMinutes":0,"missingIntervals":0,"missingPriceMinutes":0,"observedReturns":10080,"status":"complete","unavailableReason":null}},"coveragePolicy":{"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.","minimumCoveragePercent":99.5,"minimumCoveragePercentByWindow":{"24h":99.5,"30d":99.5,"7d":99.5},"version":"observed-minute-returns-v1"},"oneWeekAtmIvPercent":36.23,"oneWeekIvMinus7dRvPoints":-36.32,"oneWeekIvMinus24hRvPoints":-153.61,"oneWeekIvMinus30dRvPoints":-0.65,"oneWeekIvTo7dRvRatio":null,"spreadPercentile":null,"spotUnavailableReason":null},"realisedVolatilityUnavailableReason":null}