Early access·Soft launch — data analytics only (no order execution). Feeds may be partial. Not financial advice. Sources·Terms·Account

Loading listed desk

Resolving liquidity matrix...

ADA Skew

Live

25Δ RR / fly from marked chain IVs. Smile is observed marks, not a fitted model. Research terminal.

ADAUnique tickerQuotes: USDC

Live· 3 expiries available· data analytics · not order executionData sources →

Spot Price

25Δ Risk Reversal

-6.4%

Put IV minus Call IV

25Δ Butterfly (Fly)

3.44 pts

Wings avg minus ATM

ATM Mark IV

80.1%

Nearest listed ATM

Listed chain tenors only — not 7d / 30d / 90d buckets. Missing 25Δ wings or ATM stay —. Calendar is ATM IV minus front listed ATM.

Tenor	ATM IV	25Δ RR	25Δ Fly	Cal vs front	Chart
2026-10-30	80.1%	-6.44 pts	+3.44 pts	—	Chart
2026-11-27	80.5%	-9.17 pts	+4.44 pts	+0.35 pts	Chart
2026-12-25	80.5%	-9.69 pts	+6.69 pts	+0.42 pts	Chart

Mark IV (%) across strikes for front expiries — chain marks, not a fitted model

Active expiryChart Chain

STRIKE	MONEYNESS	CALL IV	PUT IV	Chart
$0.1	40.0%	133.9%	133.9%	Chart
$0.14	56.1%	111.2%	111.2%	Chart
$0.15	60.1%	106.2%	106.2%	Chart
$0.16	64.1%	101.4%	101.4%	Chart
$0.18	72.1%	92.8%	92.8%	Chart
$0.19	76.1%	89.1%	89.1%	Chart
$0.2	80.1%	85.8%	85.8%	Chart
$0.21	84.1%	83.2%	83.2%	Chart
$0.22	88.1%	81.2%	81.2%	Chart
$0.23	92.1%	80.1%	80.1%	Chart
$0.24	96.1%	79.8%	79.8%	Chart
$0.25	100.1%	80.1%	80.1%	Chart
$0.26	104.1%	81.0%	81.0%	Chart
$0.27	108.1%	82.4%	82.4%	Chart
$0.28	112.1%	84.0%	84.0%	Chart
$0.29	116.1%	85.8%	85.8%	Chart
$0.3	120.1%	87.7%	87.7%	Chart
$0.32	128.2%	91.6%	91.6%	Chart
$0.34	136.2%	95.4%	95.4%	Chart
$0.35	140.2%	97.3%	97.3%	Chart
$0.36	144.2%	99.1%	99.1%	Chart
$0.4	160.2%	105.9%	105.9%	Chart
$0.45	180.2%	113.3%	113.3%	Chart
$0.5	200.2%	119.7%	119.7%	Chart
$0.55	220.3%	125.3%	125.3%	Chart
$0.6	240.3%	130.2%	130.2%	Chart
$0.7	280.3%	133.7%	133.7%	Chart

AnalyticsVol dash