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

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CC Skew

Live

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

CCUnique tickerQuotes: USDC

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

Spot Price

25Δ Risk Reversal

-1.1%

Put IV minus Call IV

25Δ Butterfly (Fly)

3.00 pts

Wings avg minus ATM

ATM Mark IV

61.2%

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	61.2%	-1.05 pts	+3.00 pts	—	Chart
2026-11-27	65.2%	-4.03 pts	+2.81 pts	+3.98 pts	Chart
2026-12-25	—	-3.91 pts	+3.20 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
$0.05	38.1%	117.2%	117.2%	Chart
$0.06	45.7%	117.2%	117.2%	Chart
$0.08	60.9%	98.9%	98.9%	Chart
$0.09	68.5%	88.6%	88.6%	Chart
$0.1	76.1%	78.8%	78.8%	Chart
$0.11	83.7%	70.1%	70.1%	Chart
$0.12	91.4%	63.7%	63.7%	Chart
$0.13	99.0%	61.2%	61.2%	Chart
$0.14	106.6%	62.2%	62.2%	Chart
$0.15	114.2%	64.8%	64.8%	Chart
$0.16	121.8%	67.9%	67.9%	Chart
$0.17	129.4%	71.0%	71.0%	Chart
$0.18	137.0%	74.1%	74.1%	Chart
$0.2	152.3%	79.6%	79.6%	Chart
$0.25	190.3%	90.8%	90.8%	Chart
$0.3	228.4%	95.1%	95.1%	Chart
$0.4	304.5%	95.1%	95.1%	Chart

AnalyticsVol dash