{"schemaVersion":1,"asset":"TRX","reportDate":"2026-11-07","timestamps":{"currentSnapshotAt":null,"previousSnapshotAt":null,"generatedAt":null,"reportSnapshotAt":"2026-11-07T17:31:00+00:00","informationAsOf":"2026-11-07T18:11:49.388450+00:00"},"comparison":{"status":"research-row-specific","note":"Comparison availability and native timestamps are recorded on each research row."},"provenance":{"reportArtifact":"published research daily data","sourceReport":"ALTS","sourceReportHref":"/reports/altcoins/2026-11-07","source":"SHA-256 verified published research data attachment","comparison":"Original research rows; values are not recomputed.","rrConvention":"25-delta call IV minus put IV","bfConvention":"BF25 = (25-delta call IV + 25-delta put IV) / 2 − ATM IV","fixedTenors":"1W, 2W, 1M, 2M, 3M, 6M, 9M, 1Y","realisedVolatility":null,"researchReport":{"path":"/v1/research/alts/daily/2026-11-07/5a53b5c7f667421e06be640ba0ae6bf28a9040dd2fee9e7db987cc1218294369.json","sha256":"5a53b5c7f667421e06be640ba0ae6bf28a9040dd2fee9e7db987cc1218294369","reportUrl":"https://d1lo1ty2ac77zf.cloudfront.net/v1/research/alts/daily/2026-11-07/5a53b5c7f667421e06be640ba0ae6bf28a9040dd2fee9e7db987cc1218294369.json","provenance":{"canonicalReportSha256":"7c515adc87c00bc0ee8930e848e14a8c1afb50bc3382056bcbc3a1e4d80e978f","presentationSha256":"b8a60612343077090f6c7d084196d34fb4520e353dc09649b62ef42b5f535a01","reviewedReportSha256":"7c515adc87c00bc0ee8930e848e14a8c1afb50bc3382056bcbc3a1e4d80e978f","sourceHtmlSha256":"1e8a093b4e79c1eb6a362aff52f47d45924f3c26267b7520fc290ca84fd73a2d","sourceJournalSha256":"00aafaaf3ffe93b2ac774eecbf0165c1fe65d92c883d3454c91195608987d0e4"},"dataJson":{"bytes":803654,"mediaType":"application/json","path":"/v1/research/alts/daily/2026-11-07/data/c9eca7858a60fafaa99175c92f2bd208731b4234e323d4d901c9d3e90fbb8c88.json","sha256":"c9eca7858a60fafaa99175c92f2bd208731b4234e323d4d901c9d3e90fbb8c88"},"dataUrl":"https://d1lo1ty2ac77zf.cloudfront.net/v1/research/alts/daily/2026-11-07/data/c9eca7858a60fafaa99175c92f2bd208731b4234e323d4d901c9d3e90fbb8c88.json","dataSha256":"c9eca7858a60fafaa99175c92f2bd208731b4234e323d4d901c9d3e90fbb8c88"}},"researchRows":[{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":0.47,"change_unit":"volatility points","current":29.96,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"atmIv","previous":29.49,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"24f8bd88fdbb53720cb890dd426d40955bb5e2cbe0a14133f149ec509ffc79b4","current":"333cf0bd67e348239b64293e465bc937437de9a781065489397cae927074200a","previous":"cba87d22aa9cc7acf2815dc68d910b367e86dcc5d80e9acfa0b4e5a9c904899e"},"source_ids":["871c78019b564a0b8de51f08f457eee2ce7a92d1386b0e7bcf11c638849e6864"],"status":"available","tenor":"1W","unit":"percent","window":"24h"},{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":-1.42,"change_unit":"volatility points","current":0.75,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"rr25","previous":2.17,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"76188fd91ef4dc9c725aa2fb2ad069a29dda07f41e10787d96da2345410133e5","current":"0400137b6e5d211992132f7232de1712b7336cb5c4731f1e385e79cbabb7fca5","previous":"da126ceae705b3b54ae1b2f5631a3534d0be1aaccb7bf68521102007718e2d3c"},"source_ids":["7dbd0e874c1c7ff8c51db39e1e06ed26468c7d8b8cc4ee131be9e59c795f946c"],"status":"available","tenor":"1W","unit":"volatility points","window":"24h"},{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","bf_basis":{"change":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.7,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"},{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.41,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"548cd0ec43db9b6e6965a2cc11e0008a62a50252dd1abfaf5c5aab104c528797"},"current":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.7,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"ff4aa819872edb00169caa3fc0b0941b3e2dfe486da16432c64c7f8431f6f2c0"},"previous":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.41,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"02a56272c034b489141390e010ad095d4b04a97fd5838087d3e8a96ac6f47d47"}},"change":0.29,"change_unit":"volatility points","current":1.7,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"bf25","previous":1.41,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"548cd0ec43db9b6e6965a2cc11e0008a62a50252dd1abfaf5c5aab104c528797","current":"ff4aa819872edb00169caa3fc0b0941b3e2dfe486da16432c64c7f8431f6f2c0","previous":"02a56272c034b489141390e010ad095d4b04a97fd5838087d3e8a96ac6f47d47"},"source_ids":["648c60053ca86bb2ddbfe98443853cfd43906895ff6218d141bcd2e97d3672fb"],"status":"available","tenor":"1W","unit":"volatility points","window":"24h"},{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":-0.14,"change_unit":"volatility points","current":28.62,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"atmIv","previous":28.76,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"4342381640dec8d4b086ee283d76b9e8f7a94e43029c4cc13c7e3204f1f55429","current":"25ccfac525b14e5edb94fe27b5252095e912779fa6ed3787f4c9cdde0d0c7c61","previous":"7d3f57bd52ad69fdf74ebdabbe862f4857625540991d6bd4969576fee6d829bf"},"source_ids":["94fd1289a79af1f95fe0a1876eb7acb716189f33a93906f6c6300b6d38c621a0"],"status":"available","tenor":"2W","unit":"percent","window":"24h"},{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":0.29,"change_unit":"volatility points","current":1.63,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"rr25","previous":1.34,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"8c403749fde9a3a9b96bc30bd1abf6c08af0e1478e4470a1f91d938fb31b675b","current":"801d266032041443e6d44849d23c27b4907dacdb9a2489c00ef93228ecf70f93","previous":"ddfe82632efdc3cef7c30c7a309720500c271b00494a393a11f02004ec03f495"},"source_ids":["44046ec9e651ac41ddd015ab95e8ea94f074f5c4784fef6c8c3ab3270391fc99"],"status":"available","tenor":"2W","unit":"volatility points","window":"24h"},{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","bf_basis":{"change":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.65,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"},{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.47,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"347e6f7bdac45da500acfb30e35b74ddf0f41707ce2e23926c2dad5aa8f7f924"},"current":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.65,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"61db2af38ad9e07efd9d80a153eb735d56db337d1266db826978e048418cc154"},"previous":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.47,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"a9e627376b1e044b532ff18d3c7a4477df6c481d12cd23fc9dd3bb6b7e98f00c"}},"change":0.18,"change_unit":"volatility points","current":1.65,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"bf25","previous":1.47,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"347e6f7bdac45da500acfb30e35b74ddf0f41707ce2e23926c2dad5aa8f7f924","current":"61db2af38ad9e07efd9d80a153eb735d56db337d1266db826978e048418cc154","previous":"a9e627376b1e044b532ff18d3c7a4477df6c481d12cd23fc9dd3bb6b7e98f00c"},"source_ids":["6d967a6ed51175e7755d72ed2e45eaf00c510555c6150e27893de8ac10dd8ae3"],"status":"available","tenor":"2W","unit":"volatility points","window":"24h"},{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":0.19,"change_unit":"volatility points","current":27.91,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"atmIv","previous":27.72,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"4b9ef9d6ceee926b2b6c1e63dddc2e34b07edab68ec30bd4c5e82e064553ca80","current":"2f21777ffe52b231279598eaab08ba6a1b426480b64df54a20f685aa090ab4d6","previous":"b143153288ee437698cf76b0dbb31232912ece00d1bf749532e2735d50ec5a72"},"source_ids":["0ec31c7ce863dc0dc597d04f588f49e9a28ea45154ed61d2864b9c56aafc38ed"],"status":"available","tenor":"1M","unit":"percent","window":"24h"},{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":-0.13,"change_unit":"volatility points","current":1,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"rr25","previous":1.13,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"21a495dae42144a0acb97dbd548e34484109a614e5dca62be5cc7b5d7d99e6fe","current":"71153d206d99ba5daca6179764fe2f7d5329e052b27523662db063dbbd8e2d73","previous":"41c90a41992589e51870d4ff2016473ff287dfa8856b7dc786435f43c72fab0c"},"source_ids":["5a8913dfc658bab216aab0e7ac8f7cd75e22bd496c9401672771361c7e56124a"],"status":"available","tenor":"1M","unit":"volatility points","window":"24h"},{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","bf_basis":{"change":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.61,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"},{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.51,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"30fc73735528dcdb0be06d3180ac55684c65b2996ed53faa9798a610fab4c05d"},"current":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.61,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"b23c2830ef0a79066a243a0606662b3a375b286ae64d8651b0d6e9f71fc53c9d"},"previous":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.51,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"15a7aa12f18d3d024396a3287829536d8514d22f0a2e88724ffdd74b04517360"}},"change":0.1,"change_unit":"volatility points","current":1.61,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"bf25","previous":1.51,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"30fc73735528dcdb0be06d3180ac55684c65b2996ed53faa9798a610fab4c05d","current":"b23c2830ef0a79066a243a0606662b3a375b286ae64d8651b0d6e9f71fc53c9d","previous":"15a7aa12f18d3d024396a3287829536d8514d22f0a2e88724ffdd74b04517360"},"source_ids":["f8716beae62b0825e3ade2c77dacc7f3b46ca2c7824ce21dab6638445ebd2d7f"],"status":"available","tenor":"1M","unit":"volatility points","window":"24h"},{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":0.03,"change_unit":"volatility points","current":27.6,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"atmIv","previous":27.57,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"6799204357f3e71e4ed8e74faf5c3d79e31c8727484892e1ed21a2eb340c0cec","current":"2343a364d3a23de4ac75e66ab76645678abb10cfa8b0cba0b97e3a566b371684","previous":"62407e4719175df02507efb23dcce9ee1392d75917ecf5b7c2f4223e1e372a23"},"source_ids":["d551d8d87d42297c54443a593ac0784c5ef1f5b1bd2bb232c61afc052fffdbb6"],"status":"available","tenor":"2M","unit":"percent","window":"24h"},{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":-0.47,"change_unit":"volatility points","current":0.69,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"rr25","previous":1.16,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"6cb6256ebb12dcbba38a9faa992358c3d15782e20c5f827ed47fd21175cb5ff8","current":"cff4d0306013220ffa63e3ce4d248a6b5440279f0b19ba56e5db828e41c4a874","previous":"215c4b97724a88153aa88e6c96bd0c983a1907e3ed41861055fc46256f29153c"},"source_ids":["9eba2eb674609e9d32c8a539b88782bc7ebda2c102adfb98d85dcfbde7aa7041"],"status":"available","tenor":"2M","unit":"volatility points","window":"24h"},{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","bf_basis":{"change":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.67,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"},{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.71,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"41c1e1fa5a27c08ca829ecb46df18a8e68038d888531a25f6bed103bf30688a8"},"current":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.67,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"630d84b338ca2414bed69ed9e6fc362e2b6cb2559036e159fb7a80dbc590b95e"},"previous":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.71,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"17e2d3006c73d665d5c293d085b2f214edec458545d39751d1e63f605127d817"}},"change":-0.04,"change_unit":"volatility points","current":1.67,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"bf25","previous":1.71,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"41c1e1fa5a27c08ca829ecb46df18a8e68038d888531a25f6bed103bf30688a8","current":"630d84b338ca2414bed69ed9e6fc362e2b6cb2559036e159fb7a80dbc590b95e","previous":"17e2d3006c73d665d5c293d085b2f214edec458545d39751d1e63f605127d817"},"source_ids":["0b2ae280c701d94c1afdd0b7ae0c34ea068a6dbc929a234fc7b5d57cd9bf717c"],"status":"available","tenor":"2M","unit":"volatility points","window":"24h"},{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":-0.06,"change_unit":"volatility points","current":27.38,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"atmIv","previous":27.44,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"90de3e6def61561e0646f95b97cc97e2d24b5b1101c16b74b85051dd3b1ba0e4","current":"24cdd12bc9d1516f6ce9e045b86d80217fd6ac16695ad1b4ecb030fc5599d91d","previous":"bc3fd9e405a1667fd994ea4ce241bbfc9e986dcda440ae2d040de2b007f0632a"},"source_ids":["f631d2e021bea00ed60d9f22a981eb2bb538538ef915d9d30f9a17a9df1022ac"],"status":"available","tenor":"3M","unit":"percent","window":"24h"},{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":-0.11,"change_unit":"volatility points","current":0.81,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"rr25","previous":0.92,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"e44e21697f3abe00b454f0039556023f77db02475251264ce3ea4c613c83a440","current":"0b28c2884b12999a2c917728af68fc179b8add05f667d19c398c2bbd96580de0","previous":"29f76d7dd397a5c9dbdaf5fe25890b47bce9d5de58b697870e6a75fcc0423cca"},"source_ids":["937c7b03198a3c3dcd1b41d4df599c1e324e303cc384f6dcbe56d41d421e37ea"],"status":"available","tenor":"3M","unit":"volatility points","window":"24h"},{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","bf_basis":{"change":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.75,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"},{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.75,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"fe8e6d5c6cb371b5aa2b4a56a70e4dde04d28e66a6c835ea6997a0be6d395b8b"},"current":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.75,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"d838a305186490f6c1abc074d9bbbdb410f085944cbd63041b501acc8c34662e"},"previous":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.75,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"f467e7e76110054d658701709c42b0e59ad1dd2c4d1cf911bf0de5cd5d747765"}},"change":0,"change_unit":"volatility points","current":1.75,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"bf25","previous":1.75,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"fe8e6d5c6cb371b5aa2b4a56a70e4dde04d28e66a6c835ea6997a0be6d395b8b","current":"d838a305186490f6c1abc074d9bbbdb410f085944cbd63041b501acc8c34662e","previous":"f467e7e76110054d658701709c42b0e59ad1dd2c4d1cf911bf0de5cd5d747765"},"source_ids":["a8eff7dca29f6b3dd86a43990dbb4c6d921b26a4268e695b8368b37d5dc9b6cb"],"status":"available","tenor":"3M","unit":"volatility points","window":"24h"},{"as_of":null,"asset":"TRX","change":null,"change_unit":null,"current":null,"metric":"atmIv","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"6M","unit":null,"window":null},{"as_of":null,"asset":"TRX","change":null,"change_unit":null,"current":null,"metric":"rr25","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"6M","unit":null,"window":null},{"as_of":null,"asset":"TRX","bf_basis":{},"change":null,"change_unit":null,"current":null,"metric":"bf25","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"6M","unit":null,"window":null},{"as_of":null,"asset":"TRX","change":null,"change_unit":null,"current":null,"metric":"atmIv","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"9M","unit":null,"window":null},{"as_of":null,"asset":"TRX","change":null,"change_unit":null,"current":null,"metric":"rr25","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"9M","unit":null,"window":null},{"as_of":null,"asset":"TRX","bf_basis":{},"change":null,"change_unit":null,"current":null,"metric":"bf25","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"9M","unit":null,"window":null},{"as_of":null,"asset":"TRX","change":null,"change_unit":null,"current":null,"metric":"atmIv","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"1Y","unit":null,"window":null},{"as_of":null,"asset":"TRX","change":null,"change_unit":null,"current":null,"metric":"rr25","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"1Y","unit":null,"window":null},{"as_of":null,"asset":"TRX","bf_basis":{},"change":null,"change_unit":null,"current":null,"metric":"bf25","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"1Y","unit":null,"window":null}],"tenors":[{"tenor":"1W","targetExpiry":null,"availability":"available","unavailableReason":null,"atmIv":{"current":29.96,"previous":29.49,"change":0.47,"percentChange":null,"researchRow":{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":0.47,"change_unit":"volatility points","current":29.96,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"atmIv","previous":29.49,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"24f8bd88fdbb53720cb890dd426d40955bb5e2cbe0a14133f149ec509ffc79b4","current":"333cf0bd67e348239b64293e465bc937437de9a781065489397cae927074200a","previous":"cba87d22aa9cc7acf2815dc68d910b367e86dcc5d80e9acfa0b4e5a9c904899e"},"source_ids":["871c78019b564a0b8de51f08f457eee2ce7a92d1386b0e7bcf11c638849e6864"],"status":"available","tenor":"1W","unit":"percent","window":"24h"}},"rr25":{"current":0.75,"previous":2.17,"change":-1.42,"percentChange":null,"researchRow":{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":-1.42,"change_unit":"volatility points","current":0.75,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"rr25","previous":2.17,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"76188fd91ef4dc9c725aa2fb2ad069a29dda07f41e10787d96da2345410133e5","current":"0400137b6e5d211992132f7232de1712b7336cb5c4731f1e385e79cbabb7fca5","previous":"da126ceae705b3b54ae1b2f5631a3534d0be1aaccb7bf68521102007718e2d3c"},"source_ids":["7dbd0e874c1c7ff8c51db39e1e06ed26468c7d8b8cc4ee131be9e59c795f946c"],"status":"available","tenor":"1W","unit":"volatility points","window":"24h"}},"bf25":{"current":1.7,"previous":1.41,"change":0.29,"percentChange":null,"researchRow":{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","bf_basis":{"change":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.7,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"},{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.41,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"548cd0ec43db9b6e6965a2cc11e0008a62a50252dd1abfaf5c5aab104c528797"},"current":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.7,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"ff4aa819872edb00169caa3fc0b0941b3e2dfe486da16432c64c7f8431f6f2c0"},"previous":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.41,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"02a56272c034b489141390e010ad095d4b04a97fd5838087d3e8a96ac6f47d47"}},"change":0.29,"change_unit":"volatility points","current":1.7,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"bf25","previous":1.41,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"548cd0ec43db9b6e6965a2cc11e0008a62a50252dd1abfaf5c5aab104c528797","current":"ff4aa819872edb00169caa3fc0b0941b3e2dfe486da16432c64c7f8431f6f2c0","previous":"02a56272c034b489141390e010ad095d4b04a97fd5838087d3e8a96ac6f47d47"},"source_ids":["648c60053ca86bb2ddbfe98443853cfd43906895ff6218d141bcd2e97d3672fb"],"status":"available","tenor":"1W","unit":"volatility points","window":"24h"}},"bf25Status":"available","bf25UnavailableReason":null},{"tenor":"2W","targetExpiry":null,"availability":"available","unavailableReason":null,"atmIv":{"current":28.62,"previous":28.76,"change":-0.14,"percentChange":null,"researchRow":{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":-0.14,"change_unit":"volatility points","current":28.62,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"atmIv","previous":28.76,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"4342381640dec8d4b086ee283d76b9e8f7a94e43029c4cc13c7e3204f1f55429","current":"25ccfac525b14e5edb94fe27b5252095e912779fa6ed3787f4c9cdde0d0c7c61","previous":"7d3f57bd52ad69fdf74ebdabbe862f4857625540991d6bd4969576fee6d829bf"},"source_ids":["94fd1289a79af1f95fe0a1876eb7acb716189f33a93906f6c6300b6d38c621a0"],"status":"available","tenor":"2W","unit":"percent","window":"24h"}},"rr25":{"current":1.63,"previous":1.34,"change":0.29,"percentChange":null,"researchRow":{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":0.29,"change_unit":"volatility points","current":1.63,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"rr25","previous":1.34,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"8c403749fde9a3a9b96bc30bd1abf6c08af0e1478e4470a1f91d938fb31b675b","current":"801d266032041443e6d44849d23c27b4907dacdb9a2489c00ef93228ecf70f93","previous":"ddfe82632efdc3cef7c30c7a309720500c271b00494a393a11f02004ec03f495"},"source_ids":["44046ec9e651ac41ddd015ab95e8ea94f074f5c4784fef6c8c3ab3270391fc99"],"status":"available","tenor":"2W","unit":"volatility points","window":"24h"}},"bf25":{"current":1.65,"previous":1.47,"change":0.18,"percentChange":null,"researchRow":{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","bf_basis":{"change":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.65,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"},{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.47,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"347e6f7bdac45da500acfb30e35b74ddf0f41707ce2e23926c2dad5aa8f7f924"},"current":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.65,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"61db2af38ad9e07efd9d80a153eb735d56db337d1266db826978e048418cc154"},"previous":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.47,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"a9e627376b1e044b532ff18d3c7a4477df6c481d12cd23fc9dd3bb6b7e98f00c"}},"change":0.18,"change_unit":"volatility points","current":1.65,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"bf25","previous":1.47,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"347e6f7bdac45da500acfb30e35b74ddf0f41707ce2e23926c2dad5aa8f7f924","current":"61db2af38ad9e07efd9d80a153eb735d56db337d1266db826978e048418cc154","previous":"a9e627376b1e044b532ff18d3c7a4477df6c481d12cd23fc9dd3bb6b7e98f00c"},"source_ids":["6d967a6ed51175e7755d72ed2e45eaf00c510555c6150e27893de8ac10dd8ae3"],"status":"available","tenor":"2W","unit":"volatility points","window":"24h"}},"bf25Status":"available","bf25UnavailableReason":null},{"tenor":"1M","targetExpiry":null,"availability":"available","unavailableReason":null,"atmIv":{"current":27.91,"previous":27.72,"change":0.19,"percentChange":null,"researchRow":{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":0.19,"change_unit":"volatility points","current":27.91,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"atmIv","previous":27.72,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"4b9ef9d6ceee926b2b6c1e63dddc2e34b07edab68ec30bd4c5e82e064553ca80","current":"2f21777ffe52b231279598eaab08ba6a1b426480b64df54a20f685aa090ab4d6","previous":"b143153288ee437698cf76b0dbb31232912ece00d1bf749532e2735d50ec5a72"},"source_ids":["0ec31c7ce863dc0dc597d04f588f49e9a28ea45154ed61d2864b9c56aafc38ed"],"status":"available","tenor":"1M","unit":"percent","window":"24h"}},"rr25":{"current":1,"previous":1.13,"change":-0.13,"percentChange":null,"researchRow":{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":-0.13,"change_unit":"volatility points","current":1,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"rr25","previous":1.13,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"21a495dae42144a0acb97dbd548e34484109a614e5dca62be5cc7b5d7d99e6fe","current":"71153d206d99ba5daca6179764fe2f7d5329e052b27523662db063dbbd8e2d73","previous":"41c90a41992589e51870d4ff2016473ff287dfa8856b7dc786435f43c72fab0c"},"source_ids":["5a8913dfc658bab216aab0e7ac8f7cd75e22bd496c9401672771361c7e56124a"],"status":"available","tenor":"1M","unit":"volatility points","window":"24h"}},"bf25":{"current":1.61,"previous":1.51,"change":0.1,"percentChange":null,"researchRow":{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","bf_basis":{"change":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.61,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"},{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.51,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"30fc73735528dcdb0be06d3180ac55684c65b2996ed53faa9798a610fab4c05d"},"current":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.61,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"b23c2830ef0a79066a243a0606662b3a375b286ae64d8651b0d6e9f71fc53c9d"},"previous":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.51,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"15a7aa12f18d3d024396a3287829536d8514d22f0a2e88724ffdd74b04517360"}},"change":0.1,"change_unit":"volatility points","current":1.61,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"bf25","previous":1.51,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"30fc73735528dcdb0be06d3180ac55684c65b2996ed53faa9798a610fab4c05d","current":"b23c2830ef0a79066a243a0606662b3a375b286ae64d8651b0d6e9f71fc53c9d","previous":"15a7aa12f18d3d024396a3287829536d8514d22f0a2e88724ffdd74b04517360"},"source_ids":["f8716beae62b0825e3ade2c77dacc7f3b46ca2c7824ce21dab6638445ebd2d7f"],"status":"available","tenor":"1M","unit":"volatility points","window":"24h"}},"bf25Status":"available","bf25UnavailableReason":null},{"tenor":"2M","targetExpiry":null,"availability":"available","unavailableReason":null,"atmIv":{"current":27.6,"previous":27.57,"change":0.03,"percentChange":null,"researchRow":{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":0.03,"change_unit":"volatility points","current":27.6,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"atmIv","previous":27.57,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"6799204357f3e71e4ed8e74faf5c3d79e31c8727484892e1ed21a2eb340c0cec","current":"2343a364d3a23de4ac75e66ab76645678abb10cfa8b0cba0b97e3a566b371684","previous":"62407e4719175df02507efb23dcce9ee1392d75917ecf5b7c2f4223e1e372a23"},"source_ids":["d551d8d87d42297c54443a593ac0784c5ef1f5b1bd2bb232c61afc052fffdbb6"],"status":"available","tenor":"2M","unit":"percent","window":"24h"}},"rr25":{"current":0.69,"previous":1.16,"change":-0.47,"percentChange":null,"researchRow":{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":-0.47,"change_unit":"volatility points","current":0.69,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"rr25","previous":1.16,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"6cb6256ebb12dcbba38a9faa992358c3d15782e20c5f827ed47fd21175cb5ff8","current":"cff4d0306013220ffa63e3ce4d248a6b5440279f0b19ba56e5db828e41c4a874","previous":"215c4b97724a88153aa88e6c96bd0c983a1907e3ed41861055fc46256f29153c"},"source_ids":["9eba2eb674609e9d32c8a539b88782bc7ebda2c102adfb98d85dcfbde7aa7041"],"status":"available","tenor":"2M","unit":"volatility points","window":"24h"}},"bf25":{"current":1.67,"previous":1.71,"change":-0.04,"percentChange":null,"researchRow":{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","bf_basis":{"change":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.67,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"},{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.71,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"41c1e1fa5a27c08ca829ecb46df18a8e68038d888531a25f6bed103bf30688a8"},"current":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.67,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"630d84b338ca2414bed69ed9e6fc362e2b6cb2559036e159fb7a80dbc590b95e"},"previous":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.71,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"17e2d3006c73d665d5c293d085b2f214edec458545d39751d1e63f605127d817"}},"change":-0.04,"change_unit":"volatility points","current":1.67,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"bf25","previous":1.71,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"41c1e1fa5a27c08ca829ecb46df18a8e68038d888531a25f6bed103bf30688a8","current":"630d84b338ca2414bed69ed9e6fc362e2b6cb2559036e159fb7a80dbc590b95e","previous":"17e2d3006c73d665d5c293d085b2f214edec458545d39751d1e63f605127d817"},"source_ids":["0b2ae280c701d94c1afdd0b7ae0c34ea068a6dbc929a234fc7b5d57cd9bf717c"],"status":"available","tenor":"2M","unit":"volatility points","window":"24h"}},"bf25Status":"available","bf25UnavailableReason":null},{"tenor":"3M","targetExpiry":null,"availability":"available","unavailableReason":null,"atmIv":{"current":27.38,"previous":27.44,"change":-0.06,"percentChange":null,"researchRow":{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":-0.06,"change_unit":"volatility points","current":27.38,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"atmIv","previous":27.44,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"90de3e6def61561e0646f95b97cc97e2d24b5b1101c16b74b85051dd3b1ba0e4","current":"24cdd12bc9d1516f6ce9e045b86d80217fd6ac16695ad1b4ecb030fc5599d91d","previous":"bc3fd9e405a1667fd994ea4ce241bbfc9e986dcda440ae2d040de2b007f0632a"},"source_ids":["f631d2e021bea00ed60d9f22a981eb2bb538538ef915d9d30f9a17a9df1022ac"],"status":"available","tenor":"3M","unit":"percent","window":"24h"}},"rr25":{"current":0.81,"previous":0.92,"change":-0.11,"percentChange":null,"researchRow":{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","change":-0.11,"change_unit":"volatility points","current":0.81,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"rr25","previous":0.92,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"e44e21697f3abe00b454f0039556023f77db02475251264ce3ea4c613c83a440","current":"0b28c2884b12999a2c917728af68fc179b8add05f667d19c398c2bbd96580de0","previous":"29f76d7dd397a5c9dbdaf5fe25890b47bce9d5de58b697870e6a75fcc0423cca"},"source_ids":["937c7b03198a3c3dcd1b41d4df599c1e324e303cc384f6dcbe56d41d421e37ea"],"status":"available","tenor":"3M","unit":"volatility points","window":"24h"}},"bf25":{"current":1.75,"previous":1.75,"change":0,"percentChange":null,"researchRow":{"as_of":"2026-11-07T17:31:00+00:00","asset":"TRX","bf_basis":{"change":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.75,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"},{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.75,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"fe8e6d5c6cb371b5aa2b4a56a70e4dde04d28e66a6c835ea6997a0be6d395b8b"},"current":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.75,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"d838a305186490f6c1abc074d9bbbdb410f085944cbd63041b501acc8c34662e"},"previous":{"bf_source_definitions":[{"definition":{"definition_id":"bf25.average_wing_minus_atm.v1","metric_contract":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"},"raw_full_fly_status":"unavailable","rule":"canonical-bf_25","source_convention":"canonical bf_25","source_precision":"as supplied","transformation":"identity"},"raw_value":1.75,"source_sha256":"6d64e74fca9d69c540f0d278e6feb5f70c7fc1d56ca4c2201aef4c6e0b1f8892"}],"metricDefinitions":{"bf25":{"formula":"(iv25Call + iv25Put) / 2 - ivAtm","rawFullFlyMetric":"fullFly25","rawFullFlyVersion":"fullFly25.sum_wings_minus_2atm.v1","unit":"volatility_points","version":"bf25.average_wing_minus_atm.v1"}},"receipt_id":"f467e7e76110054d658701709c42b0e59ad1dd2c4d1cf911bf0de5cd5d747765"}},"change":0,"change_unit":"volatility points","current":1.75,"information_as_of":"2026-11-07T17:31:00+00:00","metric":"bf25","previous":1.75,"previous_at":"2026-11-06T17:31:00+00:00","reason":null,"receipt_ids":{"change":"fe8e6d5c6cb371b5aa2b4a56a70e4dde04d28e66a6c835ea6997a0be6d395b8b","current":"d838a305186490f6c1abc074d9bbbdb410f085944cbd63041b501acc8c34662e","previous":"f467e7e76110054d658701709c42b0e59ad1dd2c4d1cf911bf0de5cd5d747765"},"source_ids":["a8eff7dca29f6b3dd86a43990dbb4c6d921b26a4268e695b8368b37d5dc9b6cb"],"status":"available","tenor":"3M","unit":"volatility points","window":"24h"}},"bf25Status":"available","bf25UnavailableReason":null},{"tenor":"6M","targetExpiry":null,"availability":"unavailable","unavailableReason":"no_captured_comparable_endpoints","atmIv":{"current":null,"previous":null,"change":null,"percentChange":null,"researchRow":{"as_of":null,"asset":"TRX","change":null,"change_unit":null,"current":null,"metric":"atmIv","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"6M","unit":null,"window":null}},"rr25":{"current":null,"previous":null,"change":null,"percentChange":null,"researchRow":{"as_of":null,"asset":"TRX","change":null,"change_unit":null,"current":null,"metric":"rr25","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"6M","unit":null,"window":null}},"bf25":{"current":null,"previous":null,"change":null,"percentChange":null,"researchRow":{"as_of":null,"asset":"TRX","bf_basis":{},"change":null,"change_unit":null,"current":null,"metric":"bf25","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"6M","unit":null,"window":null}},"bf25Status":"unavailable","bf25UnavailableReason":"no_captured_comparable_endpoints"},{"tenor":"9M","targetExpiry":null,"availability":"unavailable","unavailableReason":"no_captured_comparable_endpoints","atmIv":{"current":null,"previous":null,"change":null,"percentChange":null,"researchRow":{"as_of":null,"asset":"TRX","change":null,"change_unit":null,"current":null,"metric":"atmIv","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"9M","unit":null,"window":null}},"rr25":{"current":null,"previous":null,"change":null,"percentChange":null,"researchRow":{"as_of":null,"asset":"TRX","change":null,"change_unit":null,"current":null,"metric":"rr25","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"9M","unit":null,"window":null}},"bf25":{"current":null,"previous":null,"change":null,"percentChange":null,"researchRow":{"as_of":null,"asset":"TRX","bf_basis":{},"change":null,"change_unit":null,"current":null,"metric":"bf25","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"9M","unit":null,"window":null}},"bf25Status":"unavailable","bf25UnavailableReason":"no_captured_comparable_endpoints"},{"tenor":"1Y","targetExpiry":null,"availability":"unavailable","unavailableReason":"no_captured_comparable_endpoints","atmIv":{"current":null,"previous":null,"change":null,"percentChange":null,"researchRow":{"as_of":null,"asset":"TRX","change":null,"change_unit":null,"current":null,"metric":"atmIv","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"1Y","unit":null,"window":null}},"rr25":{"current":null,"previous":null,"change":null,"percentChange":null,"researchRow":{"as_of":null,"asset":"TRX","change":null,"change_unit":null,"current":null,"metric":"rr25","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"1Y","unit":null,"window":null}},"bf25":{"current":null,"previous":null,"change":null,"percentChange":null,"researchRow":{"as_of":null,"asset":"TRX","bf_basis":{},"change":null,"change_unit":null,"current":null,"metric":"bf25","previous":null,"previous_at":null,"reason":"no_captured_comparable_endpoints","receipt_ids":{"change":null,"current":null,"previous":null},"source_ids":[],"status":"unavailable","tenor":"1Y","unit":null,"window":null}},"bf25Status":"unavailable","bf25UnavailableReason":"no_captured_comparable_endpoints"}],"realisedVolatility":null,"realisedVolatilityUnavailableReason":"See the source research JSON for realised volatility observations"}