XRP 25SEP26 Options Chain

XRP options expiring 25SEP26, 18 days out, with the forward at $1.4. Open interest is $32M in calls and $22M in puts, put/call 0.68, and max pain is $1.5. At-the-money implied volatility is 53.8%. Where a strike is listed on both venues the cheaper ask and richer bid are visible side by side; the arb scanner flags any gap that exceeds fees. Strikes shown are within 60% of the forward. All XRP expiries.

Chain

Derive bid / ask (IV) · Deribit bid / ask (IV) · open interest in contracts, both venues combined.

Call OI	Derive call	Deribit call	Strike	Deribit put	Derive put	Put OI
6000	$0.56 / $0.64 85%	– / – 102%	0.8	– / $0.00 102%	– / $0.00 85%	643000
0	–	– / – 91%	0.85	– / $0.00 91%	–	104000
4000	$0.47 / $0.53 83%	– / – 86%	0.9	– / $0.00 86%	– / $0.00 83%	158300
0	$0.42 / $0.48 79%	– / – 79%	0.95	$0.00 / $0.00 79%	– / $0.00 79%	166000
83000	$0.37 / $0.42 76%	– / – 72%	1	$0.00 / $0.00 72%	– / $0.01 76%	1432730
347000	$0.33 / $0.37 72%	– / – 68%	1.05	$0.00 / $0.00 68%	$0.00 / $0.01 72%	759000
185101	$0.28 / $0.32 68%	– / – 63%	1.1	$0.00 / $0.00 63%	$0.00 / $0.01 68%	422000
371000	$0.24 / $0.27 64%	– / $0.45 60%	1.15	$0.00 / $0.01 60%	$0.00 / $0.01 64%	1447620
420305	$0.19 / $0.22 61%	– / $0.40 57%	1.2	$0.01 / $0.01 57%	$0.00 / $0.01 61%	998650
171100	$0.15 / $0.18 58%	– / $0.38 55%	1.25	$0.01 / $0.02 55%	$0.01 / $0.02 58%	484000
363000	$0.11 / $0.14 55%	– / $0.35 54%	1.3	$0.03 / $0.03 54%	$0.03 / $0.03 55%	1341570
636080	$0.08 / $0.10 54%	$0.09 / $0.10 54%	1.35	$0.04 / $0.05 54%	$0.04 / $0.05 54%	340890
1113180	$0.06 / $0.07 53%	$0.06 / $0.07 54%	1.4	$0.07 / $0.07 54%	$0.06 / $0.07 53%	501350
804300	$0.04 / $0.05 54%	$0.04 / $0.05 56%	1.45	$0.10 / $0.10 56%	$0.09 / $0.10 54%	336200
5635140	$0.02 / $0.03 55%	$0.03 / $0.03 56%	1.5	$0.13 / $0.14 56%	$0.12 / $0.14 55%	5052000
1294560	$0.01 / $0.02 58%	$0.02 / $0.02 57%	1.55	– / – 57%	$0.16 / $0.19 58%	9200
1464130	$0.01 / $0.01 60%	$0.01 / $0.01 58%	1.6	– / – 58%	$0.20 / $0.23 60%	34000
1235000	$0.00 / $0.01 63%	$0.01 / $0.01 60%	1.65	– / – 60%	– / $0.28 63%	100000
748550	$0.00 / $0.02 66%	$0.01 / $0.01 62%	1.7	– / – 62%	$0.29 / $0.33 66%	30000
820200	$0.00 / $0.02 69%	$0.00 / $0.01 64%	1.75	– / – 64%	$0.33 / $0.38 69%	0
614200	$0.00 / $0.01 72%	$0.00 / $0.00 66%	1.8	– / – 66%	$0.38 / $0.43 72%	0
231730	$0.00 / $0.01 74%	$0.00 / $0.00 67%	1.85	– / – 67%	$0.42 / $0.48 74%	0
463000	$0.00 / $0.01 77%	$0.00 / $0.00 70%	1.9	– / – 70%	$0.47 / $0.54 77%	0
1364000	$0.00 / $0.01 81%	$0.00 / $0.00 75%	2	– / – 75%	$0.56 / $0.64 81%	0
1051000	– / $0.01 85%	$0.00 / $0.00 84%	2.1	– / – 84%	$0.66 / $0.75 85%	0
891000	–	$0.00 / $0.00 92%	2.2	– / – 92%	–	4000
5000	– / $0.00 91%	–	2.25	–	– / $0.91 91%	0
850000	–	$0.00 / $0.00 97%	2.3	– / – 97%	–	0
225000	–	$0.00 / $0.00 100%	2.4	– / – 100%	–	0
281520	– / $0.00 91%	– / $0.00 103%	2.5	– / – 103%	$1.03 / $1.17 91%	0