XRP and TRX 1W RR25 crossed zero in opposite directions: the signed XRP-minus-TRX 1W RR25 spread changed by -10.76 volatility points, from +5.13 to -5.63 volatility points, against the October 13 cutoff at 16:30 UTC. Derivasys measurements at the October 14 cutoff show XRP shifting toward higher put volatility relative to calls and TRX toward higher call volatility relative to puts.
Altcoin 1W ATM IV daily-change dispersion stands at 3.27 volatility points between XRP's increase of 1.80 volatility points and TRX's decrease of 1.47 volatility points. The comparison runs from October 12 to October 13 at 16:30 UTC. Opposing moves across the four constituents accompany a wider range of 1W skew levels.
AVAX versus TRX 1W RR25 level dispersion stood at a spread of 1.18 volatility points at the October 12 cutoff, according to Derivasys data. That unusually tight cross-sectional skew range compares with 7.03 volatility points at the October 11 cutoff. Across AVAX, TRX, XRP and HYPE, daily changes in 1W ATM implied volatility remained mixed.
The altcoin basket's 1W RR25 range widened from 3.90 to 7.03 volatility points, with XRP at +5.19 and HYPE at -1.84 defining the endpoints. The comparison runs from October 10 to October 11 at 16:30 UTC. Daily changes in 1W ATM implied volatility also diverged, with three constituents rising and HYPE falling.
TRX versus AVAX defined 1W ATM IV change dispersion of 8.99 volatility points: TRX's 1W ATM IV rose 4.06 volatility points while AVAX's 1W ATM IV fell 4.93 volatility points. Between October 9 and October 10 at 17:02 UTC, these opposing daily moves narrowed the four-altcoin range of 1W ATM IV levels, while 1W call-minus-put skew dispersion widened.
AVAX’s daily 1W ATM implied-volatility decline of 5.56 volatility points contrasted with TRX’s 1.24-point decline, leaving a 4.32-point cross-sectional range in changes. Derivasys snapshots at 16:56 UTC on October 8 and 9 show lower 1W ATM IV across XRP, HYPE, AVAX and TRX, with the largest decline occurring in the highest-volatility constituent.
AVAX and TRX's one-week ATM IV level dispersion widened to 59.18 volatility points: AVAX one-week ATM IV stood at 78.59%, versus TRX at 19.41%. This 1W relative volatility comparison shows an expanding separation between the highest and lowest implied-volatility levels in the four-coin complex, alongside a narrower cross-sectional skew range.
The XRP–AVAX range of daily 1W ATM implied-volatility changes was just 0.97 volatility points, according to Derivasys data. XRP's 1W ATM implied volatility increased 1.06 volatility points, while AVAX's 1W ATM implied volatility increased 0.09 volatility points. The comparison runs from October 6 to October 7 at 16:30 UTC. HYPE and TRX also registered increases, while widely separated volatility levels persisted. The Defiant's staked-XRP DeFi cover reporting provides protocol context.
TRX 1W ATM implied volatility stood 6.15 volatility points above seven-day realised volatility, while HYPE 1W ATM implied volatility stood 7.37 volatility points below seven-day realised volatility. These highest and lowest spreads defined a 13.52 volatility-point dispersion across the four altcoins at the October 6 cutoff. Daily 1W ATM implied volatility changes also diverged, alongside developing reporting on Hyperliquid pricing coverage.
TRX's 1W ATM implied volatility minus seven-day realised volatility spread was +7.07 volatility points, versus AVAX's -9.81 volatility points, the highest and lowest readings across the four altcoins at October 5, 16:29 UTC. Their cross-sectional dispersion was 16.88 volatility points. Daily 1W ATM IV changes diverged across constituents; CoinDesk's XRP treasury SPAC report adds corporate context without establishing a cause for those moves.
TRX and AVAX anchor a 16.37-point range in 1W ATM implied volatility minus seven-day realised volatility: TRX registered plus 3.71 points and AVAX minus 12.66 points at the 4 October cutoff. Only TRX had a positive gap across the four constituents. Daily 1W ATM IV moves diverged while outright volatility dispersion narrowed. Al Jazeera’s provisional Hormuz reporting provides economic context, with no established causal link to the options changes.
Across TRX and AVAX, the 1W ATM implied volatility minus 7D realised volatility comparison spanned 17.29 volatility points at the October 3 cutoff. This is a current cross-asset level comparison; a prior spread is unavailable, so it does not measure a change over time.
TRX and AVAX one-week ATM implied volatility changes were 12.75 volatility points apart over the daily window ending October 2 at 16:30 UTC: TRX rose 8.06 points and AVAX fell 4.69 points.
The AVAX–TRX one-week ATM implied-volatility gap narrowed to 62.11 volatility points over the 24 hours to October 1 at 16:30 UTC. Derivasys data show AVAX one-week ATM IV falling 8.42 volatility points to 79.97%, while TRX one-week ATM IV rose 0.17 volatility points to 17.86%.
