XRP 25SEP26 Options Chain

XRP options expiring 25SEP26, 18 days out, with the forward at $1.41. 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 54.4%. 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.

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	$0.57 / $0.65 86%	– / – 102%	0.8	– / $0.00 102%	– / $0.00 86%	643000
0	–	– / – 91%	0.85	– / $0.00 91%	–	104000
4000	$0.47 / $0.54 84%	– / – 86%	0.9	– / $0.00 86%	– / $0.00 84%	158300
0	$0.43 / $0.49 80%	– / – 77%	0.95	$0.00 / $0.00 77%	– / $0.00 80%	166000
83000	$0.38 / $0.43 76%	– / – 74%	1	$0.00 / $0.00 74%	– / $0.00 76%	1432730
347000	$0.33 / $0.38 72%	– / – 69%	1.05	$0.00 / $0.00 69%	$0.00 / $0.01 72%	759000
185101	$0.29 / $0.33 68%	– / – 64%	1.1	$0.00 / $0.00 64%	$0.00 / $0.01 68%	422000
371000	$0.24 / $0.28 64%	– / $0.45 61%	1.15	$0.00 / $0.01 61%	$0.00 / $0.01 64%	1447620
420305	$0.20 / $0.23 61%	– / $0.40 57%	1.2	$0.01 / $0.01 57%	$0.00 / $0.01 61%	998650
171100	$0.16 / $0.19 58%	– / $0.38 55%	1.25	$0.01 / $0.01 55%	$0.01 / $0.02 58%	484000
363000	$0.12 / $0.14 56%	– / $0.35 54%	1.3	$0.02 / $0.03 54%	$0.03 / $0.03 56%	1341570
636080	$0.09 / $0.10 54%	$0.10 / $0.10 54%	1.35	$0.04 / $0.04 54%	$0.04 / $0.04 54%	340890
1113180	$0.06 / $0.07 53%	$0.07 / $0.07 54%	1.4	$0.06 / $0.07 54%	$0.06 / $0.07 53%	501350
804300	$0.04 / $0.05 54%	$0.05 / $0.05 56%	1.45	$0.09 / $0.09 56%	$0.08 / $0.10 54%	336200
5635140	$0.03 / $0.03 55%	$0.03 / $0.04 57%	1.5	$0.12 / $0.13 57%	$0.11 / $0.13 55%	5052000
1294560	$0.01 / $0.02 57%	$0.02 / $0.02 57%	1.55	– / – 57%	$0.15 / $0.18 57%	9200
1464130	$0.01 / $0.01 60%	$0.01 / $0.02 58%	1.6	– / – 58%	$0.20 / $0.23 60%	34000
1234000	$0.00 / $0.01 62%	$0.01 / $0.01 60%	1.65	– / – 60%	$0.24 / $0.27 62%	100000
748550	$0.00 / $0.01 65%	$0.01 / $0.01 62%	1.7	– / – 62%	$0.28 / $0.32 65%	30000
820200	$0.00 / $0.02 68%	$0.01 / $0.01 64%	1.75	– / – 64%	$0.33 / $0.37 68%	0
614200	$0.00 / $0.01 70%	$0.00 / $0.01 67%	1.8	– / – 67%	$0.37 / $0.42 70%	0
231730	$0.00 / $0.01 73%	$0.00 / $0.00 69%	1.85	– / – 69%	$0.42 / $0.48 73%	0
463000	$0.00 / $0.01 75%	$0.00 / $0.00 71%	1.9	– / – 71%	$0.46 / $0.53 75%	0
1364000	$0.00 / $0.01 80%	$0.00 / $0.00 76%	2	– / – 76%	$0.56 / $0.63 80%	0
1051000	$0.00 / $0.01 84%	$0.00 / $0.00 84%	2.1	– / – 84%	$0.65 / $0.74 84%	0
891000	–	$0.00 / $0.00 92%	2.2	– / – 92%	–	4000
5000	$0.00 / $0.00 90%	–	2.25	–	$0.79 / $0.90 90%	0
850000	–	$0.00 / $0.00 95%	2.3	– / – 95%	–	0
225000	–	$0.00 / $0.00 99%	2.4	– / – 99%	–	0
281520	– / $0.00 90%	– / $0.00 103%	2.5	– / – 103%	$1.02 / $1.17 90%	0