Derivasys data show the AVAX–TRX one-week call-minus-put RR25 gap widened by 2.33 volatility points to 10.11 points over the daily observation window ending September 30. AVAX one-week RR25 stood at 10.55%, while TRX one-week RR25 stood at 0.44%. Both remained call-rich, but TRX was close to neutral: the comparison separates the strength of relative call-side volatility rather than opposing call-rich and put-rich markets.
Derivasys data show AVAX one-week ATM IV rose 14.42 volatility points to 90.44% over the 24-hour observation window ending September 29, while HYPE one-week ATM IV fell 0.71 points to 61.54%. The AVAX–HYPE range in one-week ATM IV daily changes stood at 15.13 volatility points. This was a differentiated repricing across the complex: TRX one-week ATM IV rose 0.40 points, while XRP one-week ATM IV fell 0.30 points. ATM IV measures volatility implied by options near the underlying's current price.
Derivasys data show AVAX one-week at-the-money implied volatility fell 6.16 volatility points to 76.03%, while TRX one-week at-the-money implied volatility rose 3.41 points to 18.33% over the daily observation window. The 9.57-point range between those changes sits at the 82.8 percentile of the available history. At-the-money implied volatility measures volatility implied by options near the underlying asset’s current price. AVAX still had the highest one-week implied-volatility level among the four altcoins, despite its sharp decline.
Derivasys data show the gap between AVAX and TRX one-week at-the-money implied-volatility levels widened by 2.89 volatility points to 63.13 points over the observation window. That measure compares volatility implied by options near each asset’s current price. AVAX had the highest one-week ATM IV level in the group, while TRX had the lowest. The widening makes the contrast between the two a sharper description of the altcoin options market than the group’s common rise in short-dated volatility.
AVAX and TRX still marked the extremes of altcoin one-week at-the-money implied volatility at the 26 September, 18:31 UTC cutoff, but their gap narrowed over the preceding day. Derivasys data put the AVAX–TRX one-week ATM IV spread at 60.15 volatility points, down 3.97 points, as AVAX one-week ATM IV fell and TRX one-week ATM IV rose. The comparison describes how far apart their current volatility levels sit; the narrowing is a separate daily change. Skew moved differently across the complex, leaving the options picture less uniform than the closing volatility gap alone suggests.
Altcoin one-week ATM IV dispersion widened 2.95 volatility points to 64.19 points, its highest observed level in the available history. AVAX one-week ATM IV stood at 80.87%, while TRX one-week ATM IV stood at 16.68%. The spread shows a sharply differentiated options complex rather than a uniform altcoin-volatility move.
Altcoin one-week ATM IV changes diverged markedly at the cutoff: XRP one-week ATM IV fell 13.89 volatility points to 71.21%, while HYPE one-week ATM IV rose 1.79 volatility points to 63.67%. The resulting 15.68-point change dispersion was the widest in the available history, leaving a sharply uneven front-end volatility complex.
Altcoin options diverged over the 24-hour window: XRP one-week ATM IV rose 5.52 volatility points to 84.05%, while HYPE one-week ATM IV fell 4.30 volatility points to 61.70%. The resulting 9.82-point dispersion in one-week ATM IV changes was pronounced in Derivasys data. AVAX retained the highest one-week ATM IV level at 84.92%, versus TRX at 22.06%, although that level spread compressed by 1.44 volatility points to 62.86 points. One-minute realised-volatility comparisons were unavailable across the complex.
Altcoin one-week RR25 dispersion widened 5.09 volatility points to 8.91 points, as XRP’s one-week call-minus-put RR25 reached 9.91% while TRX’s stood at 1.00%. The widening marks a sharper separation in relative call-side volatility across the complex, even as the one-week ATM IV level gap between AVAX and TRX narrowed 0.24 points to 61.64 points.
Altcoin options retained an unusually broad range of one-week implied-volatility levels at the cutoff, even as the AVAX-to-TRX gap compressed by 3.66 volatility points to 62.46 points. Derivasys data show AVAX remained the richest one-week market at 81.01%, while TRX remained the cheapest at 18.55%. XRP supplied the sharpest one-week ATM IV increase, separating daily repricing from the still-wide level dispersion.
Altcoin one-week ATM IV dispersion widened 13.25 volatility points to 62.19 points, an observed high, as AVAX one-week ATM IV rose 10.37 points to 77.42% while TRX one-week ATM IV fell 2.88 points to 15.23%. The resulting gap makes the complex markedly less uniform, with AVAX retaining the highest implied-volatility level and TRX the lowest.
AVAX one-week ATM IV rose 11.51 volatility points to 66.51%, creating a 13.31-point dispersion against HYPE one-week ATM IV, which fell 1.80 volatility points to 65.26%. The split made AVAX the clear daily volatility outlier across the altcoin complex at the cutoff, while XRP one-week ATM IV also declined and TRX one-week ATM IV was little changed.
Altcoin one-week RR25 dispersion widened 5.94 volatility points to 11.68 points between HYPE and TRX at the cutoff. HYPE’s one-week RR25 was 11.31%, leaving calls markedly richer than puts, while TRX’s one-week RR25 was -0.37%, close to neutral but tilted toward puts. Derivasys data show a sharper split in relative skew even as the one-week ATM IV level gap narrowed.
Altcoin one-week ATM IV fell across the complex, with HYPE one-week ATM IV dropping 5.57 volatility points to 65.33%, the largest decline. AVAX one-week ATM IV fell only 1.29 volatility points to 57.38%, leaving a 4.28-point range in daily changes. Despite that compression, HYPE’s one-week ATM IV remained 49.44 volatility points above TRX’s 15.89%. Derivasys data show a narrower but still unusually segmented front end.
Altcoin one-week ATM IV split sharply at the 16:30 UTC cutoff: XRP one-week ATM IV rose 5.34 volatility points to 66.98%, while AVAX one-week ATM IV fell 3.63 volatility points to 58.81%. The resulting 8.97-point spread in daily ATM IV changes marks a clear cross-sectional divergence in Derivasys data, rather than a uniform repricing across the complex.
Altcoin one-week ATM IV dispersion widened to 51.67 volatility points, with HYPE one-week ATM IV at 70.88% and TRX one-week ATM IV at 19.21%. The gap widened by 3.92 volatility points as TRX one-week ATM IV fell 3.22 volatility points, while HYPE remained the complex’s highest-volatility asset. One-week RR25 dispersion, by contrast, compressed to 1.35 volatility points, bringing relative call-versus-put volatility closer together.
Altcoin one-week ATM IV rose across the complex, but the adjustment was far from uniform: XRP increased 5.63 volatility points to 60.01%, versus a 1.44-point rise to 21.46% for TRX. That 4.19-point change range makes XRP the clear front-end leader, while HYPE retained the highest one-week ATM IV level at 68.65%.
At the 16:30 UTC cutoff, Derivasys data showed TRX one-week at-the-money implied volatility 4.82 volatility points above TRX seven-day realised volatility, while AVAX one-week at-the-money implied volatility was 1.96 points below AVAX seven-day realised volatility. The TRX-versus-AVAX one-week implied-versus-realised range was 6.78 volatility points.
AVAX one-week at-the-money implied volatility rose 3.21 volatility points to 58.69%, while TRX one-week at-the-money implied volatility fell 1.68 volatility points to 20.02%. Implied volatility reflects the market's pricing of expected movement; realised volatility measures movement already observed. Over the 24 hours to the cutoff, AVAX spot-index return was -0.62% and TRX spot-index return was 0.29%.
Altcoin one-week options show their clearest split in implied volatility versus realised volatility: TRX stands 6.35 volatility points above seven-day realised volatility, while AVAX stands 6.10 points below it. The 12.45-point range separates relative pricing across the complex, rather than recording a daily widening or narrowing.
At the cutoff, Derivasys data show TRX and AVAX one-week options at a 10.36-volatility-point implied-versus-realised range. TRX one-week ATM implied volatility was 5.59 volatility points above TRX seven-day realised volatility, while AVAX one-week ATM implied volatility was 4.77 volatility points below AVAX seven-day realised volatility. The comparison is a level at the cutoff, not a measured daily widening.
Altcoin options showed a pronounced one-week valuation split at the 16:30 UTC cutoff: TRX implied volatility stood 4.88 volatility points above seven-day realised volatility, while XRP sat 4.16 points below it. That 9.04-point gap leaves TRX relatively rich and XRP relatively cheap on this measure, according to DerivaSys data. The comparison is cross-sectional rather than a statement about a catalyst.
Altcoin options showed their clearest relative-value split in the one-week implied-versus-realised measure. TRX one-week ATM IV stood 7.72 volatility points above seven-day realised volatility, while XRP one-week ATM IV sat 7.74 points below its realised reading, leaving a 15.46-point range. DerivaSys data also showed XRP as the sole one-week volatility riser while HYPE posted the largest decline.
TRX’s one-week ATM IV rose 3.39 volatility points to 21.98% over the observation window. Derivasys data show TRX’s one-week ATM IV minus seven-day realised volatility at 7.19 volatility points, versus XRP’s equivalent measure at negative 8.97 points; the cross-sectional range was 16.16 volatility points.
HYPE’s one-week ATM IV was 64.57%, compared with TRX’s one-week ATM IV of 21.98%. The one-week ATM IV level gap between HYPE and TRX narrowed 4.61 volatility points to 42.59 volatility points.
Altcoin options are separating alongside an 8.49-percentage-point gap in 24-hour spot performance between AVAX and HYPE. AVAX’s one-week ATM IV rose 2.32 volatility points while XRP’s fell 2.82 points, leaving a 5.14-point change range. HYPE nevertheless retained the highest one-week implied-volatility level, and TRX the lowest.
One-week RR25 dispersion widened to 8.35 volatility points as XRP calls became relatively richer while TRX puts became relatively richer. The divide was accompanied by a 4.74-point range in one-week ATM IV changes, leaving AVAX higher and TRX lower, rather than signalling a uniform repricing across altcoins.
Altcoin one-week volatility pricing diverged, led by XRP’s compression while TRX remained richest relative to realised volatility. Relative value, rather than a uniform complex repricing, defined the session.
AVAX screens richest and XRP cheapest on one-week implied volatility versus seven-day realised volatility. One-week ATM IV level dispersion across the altcoin complex has compressed, with HYPE highest and TRX lowest.
Across the XRP, HYPE, AVAX and TRX options markets, the 1W ATM IV change range between AVAX and XRP was 6.29 volatility points. Across the XRP, HYPE, AVAX and TRX options markets, the 1W RR25 level spread between TRX and AVAX was 2.80 volatility points.
The altcoin complex’s 1W ATM IV changes spanned 10.73 volatility points, from a 7.75-point decline in XRP to a 2.98-point increase in TRX. HYPE retained the highest 1W ATM IV level, while XRP held the most call-rich 1W RR25 level. The cross-section remains the story rather than a set of separate asset moves.
