IV INDICES
XVIV®
XRP Volmex Implied Volatility 1 Day Index
About XVIV
Implied volatility benchmark for XRP. Available as XVIV1D and XVIV7D.
XVIV measures the constant, forward-looking 30-day expected volatility of XRP, calculated by consolidating option and futures data across leading derivatives venues into a unified option book and smoothing using exponentially-weighted averaging.
The methodology mirrors the construction of CBOE’s VIX, adapted for the structural realities of crypto option markets — fragmented liquidity, 24/7 settlement, and venue-specific funding.
