XRP options expiring 18SEP26, 11 days out, with the forward at $1.41. Open interest is $183K in calls and $138K in puts, put/call 0.75, and max pain is $1.45. At-the-money implied volatility is 54.5%. 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.