XRP options expiring 11SEP26, 4 days out, with the forward at $1.41. Open interest is $1M in calls and $882K in puts, put/call 0.82, and max pain is $1.38. At-the-money implied volatility is 53.4%. 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.