Powered by an eleven-year record of near-instant settlement and sub-penny fees, XRP has grown from a niche remittance rail into a large-cap, liquid macro asset with over 1,000,000 custody wallets and coverage for 90% of the Global FX market. It now ranks fourth by market capitalization, trades on every major spot and derivatives venue, and boasts one of the loudest, most ravenous followings in crypto — the XRP Army. Institutions lean on it as a neutral bridge between fiat rails, while trading desks use it for high-beta exposure to the payments theme. Yet despite the churn of option flow on XRP, the market still lacked a single, trusted yardstick for pricing its risk, until now.

Today, Volmex is thrilled to roll out the XRP Volmex Implied Volatility (XVIV) Indices — the first real-time benchmarks that translate raw XRP option flow into a single, transparent volatility print the whole market can price off.

XVIV distills live option-surface pricing into a single, transparent reference index, giving traders, market makers, and funds a clear north-star for pricing and trading XRP volatility.

By delivering one intuitive benchmark for XRP implied volatility, XVIV filters out the noise, letting the market dictate precise, accurate volatility levels. When XRP moves, it moves fast, and Volmex’s XVIV Indices update in real-time to ensure reliable, up to date pricing around the clock.

XVIV debuts in two slices of the volatility curve, capturing 24-hour risk and seven-day risk, respectively:

  • XVIV 1D: the overnight pulse, allowing traders to get long cheap XRP gamma or harvest short-term volatility.
  • XVIV 7D: a compass for swing traders, distilling a full week of vega so desks can structure carry trades, roll hedges, or lean into momentum with conviction.

XVIV will serve as an invaluable tool in the XRP Army’s arsenal.

XVIV 1D: https://charts.volmex.finance/symbol/XVIV1D
XVIV 7D: https://charts.volmex.finance/symbol/XVIV7D

Volmex Index Charts: https://charts.volmex.finance
Methodology: https://volmex.finance/VPR-paper.pdf
Volmex API: https://charts.volmex.finance/API-pricing