{ "schemaVersion": 3, "reportDate": "2026-08-31", "generatedAt": "2026-08-31T21:03:18+00:00", "currentSnapshotAt": "2026-08-31T20:58:00+00:00", "previousSnapshotAt": "2026-08-30T20:58:00+00:00", "windowHours": 24.0, "currency": "SOL", "methodology": { "source": "Derivasys proprietary historical SVI surface and canonical SOL index databases", "comparison": "Nearest successful surface snapshots approximately 24 hours apart", "rrConvention": "25-delta call IV minus 25-delta put IV", "bfConvention": "Average 25-delta wing IV minus ATM forward IV", "greeks": "Black forward Greeks for a normalized one-SOL ATM-forward call, zero rate, fitted SVI IV", "commentary": "Metrics and takeaways are deterministic. Daily headlines and introductions may be model-assisted, constrained to the same stored facts; weekly prose is deterministic.", "fixedTenors": "Fixed-tenor measures are interpolated independently at 1W, 2W, 1M, 3M, 6M, 9M and 1Y; headline rankings prioritise 1W, 2W, 1M, 3M, 6M and 1Y.", "smileReconstruction": "Listed-expiry smiles are reconstructed from stored SVI total-variance parameters on a fixed log-moneyness grid.", "ultraShortExpiry": "Expiries with fewer than 2 full days remaining stay in detailed tables but are excluded from headline rankings. Settlement proximity, time decay, changing liquidity and fewer quotes can exaggerate their changes.", "causalClaims": "The report describes observed surface and realised-volatility changes only and does not infer unsupported market drivers, flows or forecasts.", "realisedVolatility": "Annualised root-mean-square of one-minute canonical SOL-USD index log returns using a 365-day basis; all windows end at the current snapshot." }, "realisedVolatility": { "source": "canonical/SOL-USDC-INDEX (DERIBIT and OKX indexes)", "fallbackObservations": 0, "fallbackPolicy": "Missing canonical minutes use the stored Deribit index first, then the stored OKX index; canonical bars always take precedence.", "samplingInterval": "1 minute", "annualizationBasis": "365 days", "windowEnd": "2026-08-31T20:58:00+00:00", "spotMove24hPercent": -1.08, "rv24hPercent": 67.99, "rv7dPercent": 72.93, "rv30dPercent": 62.68, "observations": { "24h": 1440, "7d": 10080, "30d": 43200 }, "oneWeekAtmIvPercent": 66.67, "oneWeekIvMinus7dRvPoints": -6.26, "oneWeekIvMinus24hRvPoints": -1.32, "oneWeekIvMinus30dRvPoints": 3.99 }, "fitQuality": { "currentObjective": 0.01847771, "previousObjective": 0.01518231, "currentLiveError": 8.00012123, "previousLiveError": 7.08781337 }, "coverage": { "currentListedExpiries": 6, "previousListedExpiries": 6, "comparedListedExpiries": 5, "addedExpiries": [ "2SEP26" ], "removedExpiries": [ "31AUG26" ], "fixedTenors": [ "1W", "2W", "1M", "3M", "6M", "9M", "1Y" ] }, "commentary": { "source": "codex", "model": "gpt-5.6-terra", "headline": "SOL implied volatility compresses as call-side richness narrows", "executiveSummary": "SOL\u2019s central move was a 5.10-point fall in 1W ATM IV to 66.67%, with front-end ATM IV down 4.51 points on average.", "evidenceIds": [ "largest-standard-tenor", "front-atm", "rr25", "bf25", "realised-vol" ], "newsSummary": "The retained SOL item reported validator agreement to cancel 18.9 million SOL, alongside unrelated Bitcoin-security coverage.", "marketContextSummary": "The report coincided with short-horizon changes in SOL skew and convexity, but pre-event movement was detected and the reaction record is partial. It provides no direct explanation for the closing compression.", "marketContext": [ { "title": "SOL supply report and surface compression", "explanation": "Over four hours after the report, SOL RR25 and BF25 declined 1.97 and 1.39 points respectively, whereas ATM IV was 0.02 points higher. With pre-event movement detected, this association does not establish a cause for the later broad IV decline.", "relationship": "no-clear-link", "confidence": "low", "surfaceEvidenceIds": [ "front-atm", "rr25", "bf25" ], "newsEvidenceIds": [ "7c6102a7-cb2f-434b-87c6-65aedae9cd0f" ] } ], "newsEvidenceIds": [ "7c6102a7-cb2f-434b-87c6-65aedae9cd0f" ], "takeaways": [ { "id": "realised-vol", "label": "Implied versus realised", "text": "At the 20:58 UTC cutoff, 1W ATM IV was 66.67%, 6.26 volatility points below seven-day realised volatility of 72.93%; 24-hour realised volatility was 67.99% and 30-day realised volatility was 62.68%." }, { "id": "front-atm", "label": "Front end", "text": "Front-end ATM IV decreased, averaging -4.51 volatility points to 65.12% across 1W, 2W and 1M." }, { "id": "back-atm", "label": "Long end", "text": "Long-dated ATM IV decreased, averaging -0.41 volatility points to 57.86% across 6M and 1Y." }, { "id": "rr25", "label": "Skew", "text": "RR25 moved towards puts, averaging -1.86 volatility points to 3.12% across the six headline tenors." }, { "id": "bf25", "label": "Convexity", "text": "BF25 decreased, averaging -0.46 volatility points to 5.03% across the six headline tenors." }, { "id": "largest-standard-tenor", "label": "Largest standard-tenor move", "text": "The largest standard-tenor ATM IV move was -5.10 volatility points at 1W, to 66.67%.", "tenor": "1W", "value": -5.1 } ] }, "newsEvidence": { "schemaVersion": 1, "source": "local-news-mcp", "generatedAt": "2026-08-31T20:58:00+00:00", "window": { "startAt": "2026-08-30T20:58:00+00:00", "endAt": "2026-08-31T20:58:00+00:00", "endExclusive": true }, "collectorWindow": { "startAt": "2026-08-30T20:58:00+00:00", "endAt": "2026-08-31T20:58:00+00:00", "endExclusive": true }, "coverage": { "configuredSources": 1, "successfulSources": 1, "failedSources": 0 }, "selection": { "feedsQueried": 1, "publishersQueried": 3, "feedEntriesScanned": 41, "articlesPassingTimeFilter": 4, "articlesPassingSourceRelevanceRules": 3, "articlesPassingSelectionThreshold": 1, "storiesSelected": 1, "selectedPublishers": 1, "maximumStories": 3, "maximumStoriesPerPublisher": 2, "minimumSelectionScore": 0, "eventsSelected": 1 }, "items": [ { "id": "7c6102a7-cb2f-434b-87c6-65aedae9cd0f", "sourceId": "cointelegraph", "publisher": "Cointelegraph", "title": "Bitcoin\u2019s new quantum defenses, 18.9M SOL cancelled: Hodler\u2019s Digest", "url": "https://cointelegraph.com/magazine/bitcoins-new-quantum-defenses-189m-sol-cancelled-hodlers-digest", "publishedAt": "2026-08-30T23:36:16+00:00", "summary": "A Cointelegraph digest reported that Solana validators agreed to curb inflation by cancelling 18.9 million SOL; it also covered Bitcoin quantum-defence work.", "matchedTerms": [ "BTC", "Bitcoin", "SOL", "Solana" ], "topics": [ "macro", "macro_release" ], "sourceKind": "media", "rightsStatus": "link-and-summary", "selectionScore": 1, "relevanceReasons": [ "Retained as contemporaneous macro context alongside ATM IV 1W: down 5.10 points to 66.67%; the surface data does not establish a causal relationship. MCP-measured 4h post-publication reaction: BTC spot -0.19%, ATM IV +0.02 points and RR25 -1.97 points; this is a timed association, not proof of causation." ], "selectionReason": "Retained as contemporaneous macro context alongside ATM IV 1W: down 5.10 points to 66.67%; the surface data does not establish a causal relationship. MCP-measured 4h post-publication reaction: BTC spot -0.19%, ATM IV +0.02 points and RR25 -1.97 points; this is a timed association, not proof of causation.", "canonicalEventId": "7c6102a7-cb2f-434b-87c6-65aedae9cd0f", "reactionHorizon": "4h", "marketReaction": { "event_id": "7c6102a7-cb2f-434b-87c6-65aedae9cd0f", "asset": "SOL", "calculated_at": "2026-08-31T19:30:30.114550Z", "complete_through": "2026-08-31T03:36:16Z", "spot_return_5m": -0.501425, "spot_return_1h": 0.563381, "spot_return_4h": -0.185081, "spot_return_24h": null, "atm_iv_change_5m": -0.12, "atm_iv_change_1h": 0.07, "atm_iv_change_4h": 0.02, "atm_iv_change_24h": null, "rr25_change_5m": 0.13, "rr25_change_1h": -1.33, "rr25_change_4h": -1.97, "rr25_change_24h": null, "bf25_change_5m": 0.11, "bf25_change_1h": -0.49, "bf25_change_4h": -1.39, "bf25_change_24h": null, "realised_vol_pre": 52.479132665073855, "realised_vol_post_5m": 52.79085516237878, "realised_vol_post_1h": 56.84766862516286, "realised_vol_post_4h": 59.09489968652299, "realised_vol_post_24h": null }, "status": "selected", "relevance": "macro", "relationship": "neutral", "causal_confidence": "low", "matched_signals": [ "ATM IV 1W: down 5.10 points to 66.67%", "ATM slope 1Y-minus-1W: +4.87 points to -9.09 points" ], "selection_reason": "Retained as contemporaneous macro context alongside ATM IV 1W: down 5.10 points to 66.67%; the surface data does not establish a causal relationship. MCP-measured 4h post-publication reaction: BTC spot -0.19%, ATM IV +0.02 points and RR25 -1.97 points; this is a timed association, not proof of causation.", "event_cluster_id": "macro-release-2026-08" } ], "events": [ { "event_cluster_id": "macro-release-2026-08", "status": "selected", "relevance": "macro", "relationship": "neutral", "causal_confidence": "low", "matched_signals": [ "ATM IV 1W: down 5.10 points to 66.67%", "ATM slope 1Y-minus-1W: +4.87 points to -9.09 points" ], "selection_reason": "Retained as contemporaneous macro context alongside ATM IV 1W: down 5.10 points to 66.67%; the surface data does not establish a causal relationship. MCP-measured 4h post-publication reaction: BTC spot -0.19%, ATM IV +0.02 points and RR25 -1.97 points; this is a timed association, not proof of causation.", "primary_article": { "id": "7c6102a7-cb2f-434b-87c6-65aedae9cd0f", "sourceId": "cointelegraph", "publisher": "Cointelegraph", "title": "Bitcoin\u2019s new quantum defenses, 18.9M SOL cancelled: Hodler\u2019s Digest", "url": "https://cointelegraph.com/magazine/bitcoins-new-quantum-defenses-189m-sol-cancelled-hodlers-digest", "publishedAt": "2026-08-30T23:36:16+00:00", "summary": "A Cointelegraph digest reported that Solana validators agreed to curb inflation by cancelling 18.9 million SOL; it also covered Bitcoin quantum-defence work.", "matchedTerms": [ "BTC", "Bitcoin", "SOL", "Solana" ], "topics": [ "macro", "macro_release" ], "sourceKind": "media", "rightsStatus": "link-and-summary", "selectionScore": 1, "relevanceReasons": [ "Retained as contemporaneous macro context alongside ATM IV 1W: down 5.10 points to 66.67%; the surface data does not establish a causal relationship. MCP-measured 4h post-publication reaction: BTC spot -0.19%, ATM IV +0.02 points and RR25 -1.97 points; this is a timed association, not proof of causation." ], "selectionReason": "Retained as contemporaneous macro context alongside ATM IV 1W: down 5.10 points to 66.67%; the surface data does not establish a causal relationship. MCP-measured 4h post-publication reaction: BTC spot -0.19%, ATM IV +0.02 points and RR25 -1.97 points; this is a timed association, not proof of causation.", "canonicalEventId": "7c6102a7-cb2f-434b-87c6-65aedae9cd0f", "reactionHorizon": "4h", "marketReaction": { "event_id": "7c6102a7-cb2f-434b-87c6-65aedae9cd0f", "asset": "SOL", "calculated_at": "2026-08-31T19:30:30.114550Z", "complete_through": "2026-08-31T03:36:16Z", "spot_return_5m": -0.501425, "spot_return_1h": 0.563381, "spot_return_4h": -0.185081, "spot_return_24h": null, "atm_iv_change_5m": -0.12, "atm_iv_change_1h": 0.07, "atm_iv_change_4h": 0.02, "atm_iv_change_24h": null, "rr25_change_5m": 0.13, "rr25_change_1h": -1.33, "rr25_change_4h": -1.97, "rr25_change_24h": null, "bf25_change_5m": 0.11, "bf25_change_1h": -0.49, "bf25_change_4h": -1.39, "bf25_change_24h": null, "realised_vol_pre": 52.479132665073855, "realised_vol_post_5m": 52.79085516237878, "realised_vol_post_1h": 56.84766862516286, "realised_vol_post_4h": 59.09489968652299, "realised_vol_post_24h": null }, "status": "selected", "relevance": "macro", "relationship": "neutral", "causal_confidence": "low", "matched_signals": [ "ATM IV 1W: down 5.10 points to 66.67%", "ATM slope 1Y-minus-1W: +4.87 points to -9.09 points" ], "selection_reason": "Retained as contemporaneous macro context alongside ATM IV 1W: down 5.10 points to 66.67%; the surface data does not establish a causal relationship. MCP-measured 4h post-publication reaction: BTC spot -0.19%, ATM IV +0.02 points and RR25 -1.97 points; this is a timed association, not proof of causation.", "event_cluster_id": "macro-release-2026-08" }, "additional_coverage": [] } ] }, "newsContext": { "outcome": "Relevant context found; no confirmed catalyst", "highest_causal_confidence": "low", "section_heading": "Relevant market event", "events": [ { "event_cluster_id": "macro-release-2026-08", "status": "selected", "relevance": "macro", "relationship": "neutral", "causal_confidence": "low", "matched_signals": [ "ATM IV 1W: down 5.10 points to 66.67%", "ATM slope 1Y-minus-1W: +4.87 points to -9.09 points" ], "selection_reason": "Retained as contemporaneous macro context alongside ATM IV 1W: down 5.10 points to 66.67%; the surface data does not establish a causal relationship. MCP-measured 4h post-publication reaction: BTC spot -0.19%, ATM IV +0.02 points and RR25 -1.97 points; this is a timed association, not proof of causation.", "primary_article": { "id": "7c6102a7-cb2f-434b-87c6-65aedae9cd0f", "sourceId": "cointelegraph", "publisher": "Cointelegraph", "title": "Bitcoin\u2019s new quantum defenses, 18.9M SOL cancelled: Hodler\u2019s Digest", "url": "https://cointelegraph.com/magazine/bitcoins-new-quantum-defenses-189m-sol-cancelled-hodlers-digest", "publishedAt": "2026-08-30T23:36:16+00:00", "summary": "A Cointelegraph digest reported that Solana validators agreed to curb inflation by cancelling 18.9 million SOL; it also covered Bitcoin quantum-defence work.", "matchedTerms": [ "BTC", "Bitcoin", "SOL", "Solana" ], "topics": [ "macro", "macro_release" ], "sourceKind": "media", "rightsStatus": "link-and-summary", "selectionScore": 1, "relevanceReasons": [ "Retained as contemporaneous macro context alongside ATM IV 1W: down 5.10 points to 66.67%; the surface data does not establish a causal relationship. MCP-measured 4h post-publication reaction: BTC spot -0.19%, ATM IV +0.02 points and RR25 -1.97 points; this is a timed association, not proof of causation." ], "selectionReason": "Retained as contemporaneous macro context alongside ATM IV 1W: down 5.10 points to 66.67%; the surface data does not establish a causal relationship. MCP-measured 4h post-publication reaction: BTC spot -0.19%, ATM IV +0.02 points and RR25 -1.97 points; this is a timed association, not proof of causation.", "canonicalEventId": "7c6102a7-cb2f-434b-87c6-65aedae9cd0f", "reactionHorizon": "4h", "marketReaction": { "event_id": "7c6102a7-cb2f-434b-87c6-65aedae9cd0f", "asset": "SOL", "calculated_at": "2026-08-31T19:30:30.114550Z", "complete_through": "2026-08-31T03:36:16Z", "spot_return_5m": -0.501425, "spot_return_1h": 0.563381, "spot_return_4h": -0.185081, "spot_return_24h": null, "atm_iv_change_5m": -0.12, "atm_iv_change_1h": 0.07, "atm_iv_change_4h": 0.02, "atm_iv_change_24h": null, "rr25_change_5m": 0.13, "rr25_change_1h": -1.33, "rr25_change_4h": -1.97, "rr25_change_24h": null, "bf25_change_5m": 0.11, "bf25_change_1h": -0.49, "bf25_change_4h": -1.39, "bf25_change_24h": null, "realised_vol_pre": 52.479132665073855, "realised_vol_post_5m": 52.79085516237878, "realised_vol_post_1h": 56.84766862516286, "realised_vol_post_4h": 59.09489968652299, "realised_vol_post_24h": null }, "status": "selected", "relevance": "macro", "relationship": "neutral", "causal_confidence": "low", "matched_signals": [ "ATM IV 1W: down 5.10 points to 66.67%", "ATM slope 1Y-minus-1W: +4.87 points to -9.09 points" ], "selection_reason": "Retained as contemporaneous macro context alongside ATM IV 1W: down 5.10 points to 66.67%; the surface data does not establish a causal relationship. MCP-measured 4h post-publication reaction: BTC spot -0.19%, ATM IV +0.02 points and RR25 -1.97 points; this is a timed association, not proof of causation.", "event_cluster_id": "macro-release-2026-08" }, "additional_coverage": [] } ] }, "marketRead": { "text": "1W ATM IV fell 5.10 volatility points to 66.67%, a routine move at the 67th percentile. At the cutoff, realised volatility measured 67.99% over 24 hours, 72.93% over seven days and 62.68% over 30 days. Front-end ATM IV averaged 65.12%, -4.51 points from the prior snapshot, while the long end averaged 57.86%, -0.41 points. The 1Y-minus-1W ATM slope steepened 4.87 points to -9.09 points. 1W RR25 moved 3.77 volatility points toward puts to 1.11%, leaving calls richer than puts. 2W BF25 fell 1.34 volatility points to 4.51%. The nearest eligible forward, 4SEP26, fell $1.29 (-1.23%) to $103.67. Relevant context found; no confirmed catalyst; the strongest assessed relationship has low causal confidence.", "wordCount": 111, "source": "deterministic structured report facts", "evidenceFields": [ "summaryMetrics.largestAtmMove", "realisedVolatility.rv24hPercent", "realisedVolatility.rv7dPercent", "realisedVolatility.rv30dPercent", "summaryMetrics.frontEndAverageAtm", "summaryMetrics.longEndAverageAtm", "summaryMetrics.oneYearMinusOneWeekAtmSlope", "summaryMetrics.largestRr25Move", "summaryMetrics.largestBf25Move", "summaryMetrics.nearestEligibleForwardMove", "newsContext.outcome", "newsContext.highest_causal_confidence" ] }, "facts": [ { "id": "realised-vol", "label": "Implied versus realised", "text": "At the 20:58 UTC cutoff, 1W ATM IV was 66.67%, 6.26 volatility points below seven-day realised volatility of 72.93%; 24-hour realised volatility was 67.99% and 30-day realised volatility was 62.68%." }, { "id": "front-atm", "label": "Front end", "text": "Front-end ATM IV decreased, averaging -4.51 volatility points to 65.12% across 1W, 2W and 1M." }, { "id": "back-atm", "label": "Long end", "text": "Long-dated ATM IV decreased, averaging -0.41 volatility points to 57.86% across 6M and 1Y." }, { "id": "rr25", "label": "Skew", "text": "RR25 moved towards puts, averaging -1.86 volatility points to 3.12% across the six headline tenors." }, { "id": "bf25", "label": "Convexity", "text": "BF25 decreased, averaging -0.46 volatility points to 5.03% across the six headline tenors." }, { "id": "largest-standard-tenor", "label": "Largest standard-tenor move", "text": "The largest standard-tenor ATM IV move was -5.10 volatility points at 1W, to 66.67%.", "tenor": "1W", "value": -5.1 } ], "summaryMetrics": { "basis": "Fixed-tenor endpoint comparison", "unit": "volatility points", "atmIvChange": -2.61, "rr25Change": -1.87, "bf25Change": -0.46, "largestAtmMove": { "tenor": "1W", "current": 66.67, "previous": 71.77, "change": -5.1, "historicalSignificance": { "absoluteMove": 5.1, "movePercentile30d": 66.7, "movePercentileFullHistory": 66.7, "currentLevelPercentileFullHistory": 25.0, "classificationPercentile": 66.7, "label": "routine", "observations30d": 3, "observationsFullHistory": 3, "levelObservationsFullHistory": 4 } }, "frontEndAverageAtm": { "current": 65.12, "previous": 69.63, "change": -4.51 }, "longEndAverageAtm": { "current": 57.86, "previous": 58.28, "change": -0.41 }, "oneYearMinusOneWeekAtmSlope": { "current": -9.09, "previous": -13.96, "change": 4.87 }, "largestRr25Move": { "tenor": "1W", "current": 1.11, "previous": 4.88, "change": -3.77, "historicalSignificance": { "absoluteMove": 3.77, "movePercentile30d": 66.7, "movePercentileFullHistory": 66.7, "currentLevelPercentileFullHistory": 50.0, "classificationPercentile": 66.7, "label": "routine", "observations30d": 3, "observationsFullHistory": 3, "levelObservationsFullHistory": 4 }, "direction": "toward puts", "currentSign": "call-rich" }, "largestBf25Move": { "tenor": "2W", "current": 4.51, "previous": 5.85, "change": -1.34, "historicalSignificance": { "absoluteMove": 1.34, "movePercentile30d": 100.0, "movePercentileFullHistory": 100.0, "currentLevelPercentileFullHistory": 25.0, "classificationPercentile": 100.0, "label": "exceptional", "observations30d": 3, "observationsFullHistory": 3, "levelObservationsFullHistory": 4 } }, "nearestEligibleForwardMove": { "label": "4SEP26", "daysToExpiry": 3.46, "current": 103.67, "previous": 104.96, "change": -1.29, "percentChange": -1.23 } }, "tenors": [ { "tenor": "1W", "targetExpiry": 1788814680315, "availability": "available", "unavailableReason": null, "atmIv": { "current": 66.67, "previous": 71.77, "change": -5.1, "percentChange": -7.11 }, "rr25": { "current": 1.11, "previous": 4.88, "change": -3.77, "percentChange": -77.25 }, "bf25": { "current": 4.59, "previous": 5.64, "change": -1.05, "percentChange": -18.62 }, "historicalSignificance": { "atmIv": { "absoluteMove": 5.1, "movePercentile30d": 66.7, "movePercentileFullHistory": 66.7, "currentLevelPercentileFullHistory": 25.0, "classificationPercentile": 66.7, "label": "routine", "observations30d": 3, "observationsFullHistory": 3, "levelObservationsFullHistory": 4 }, "rr25": { "absoluteMove": 3.77, "movePercentile30d": 66.7, "movePercentileFullHistory": 66.7, "currentLevelPercentileFullHistory": 50.0, "classificationPercentile": 66.7, "label": "routine", "observations30d": 3, "observationsFullHistory": 3, "levelObservationsFullHistory": 4 }, "bf25": { "absoluteMove": 1.05, "movePercentile30d": 100.0, "movePercentileFullHistory": 100.0, "currentLevelPercentileFullHistory": 25.0, "classificationPercentile": 100.0, "label": "exceptional", "observations30d": 3, "observationsFullHistory": 3, "levelObservationsFullHistory": 4 } } }, { "tenor": "2W", "targetExpiry": 1789419480315, "availability": "available", "unavailableReason": null, "atmIv": { "current": 65.11, "previous": 69.67, "change": -4.56, "percentChange": -6.55 }, "rr25": { "current": 2.31, "previous": 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"standfirst": "SOL saw the session\u2019s most pronounced surface move among the major coins: 1W ATM IV fell 5.10 points and front-end IV declined 4.51 points on average. RR25 moved toward relative put-side volatility, while remaining call-rich, and near-term convexity fell. A report on cancelled SOL supply was available in the window, but reaction data are partial and do not establish causation for the broad compression.", "days": [ { "reportDate": "2026-08-31", "headline": "SOL volatility compresses sharply across front", "summary": "One-week implied volatility and skew fell materially while calls remained relatively richer.", "macro": { "summary": "No qualifying macro event was retained for SOL.", "events": [] }, "crypto": { "summary": "A digest reported validator agreement to cancel 18.9 million SOL.", "events": [ { "eventId": "7c6102a7-cb2f-434b-87c6-65aedae9cd0f", "title": "Bitcoin\u2019s new quantum defenses, 18.9M SOL cancelled: Hodler\u2019s Digest", "publisher": "Cointelegraph", "url": "https://cointelegraph.com/magazine/bitcoins-new-quantum-defenses-189m-sol-cancelled-hodlers-digest", "publishedAt": "2026-08-30T23:36:16+00:00" } ] } } ] }, "crossAssetMarketContext": { "schemaVersion": 1, "source": "market-context-mcp", "status": "available", "asset": "SOL", "sessionDate": "2026-08-28", "asOfTimestamp": "2026-08-28T20:00:00+00:00", "summary": "Latest completed common context available before the report cutoff. Crypto and SPX realised volatility use different annualisation clocks: sqrt(365) and sqrt(252), respectively.", "metrics": { "cryptoAtmIv30d": 67.6, "vix": 14.430000305175781, "vix9d": 11.22, "vix3m": 17.48, "ivSpread": 53.16999969482421, "ivRatio": 4.684684585609682, "cryptoRealisedVol20d": 69.19831465843626, "spxRealisedVol20": 10.580898229376473, "rvSpread": 58.61741642905979, "rvRatio": 6.539928194972733, "rvSpreadPercentile": 45.6221198156682, "rvSpreadPercentileSampleCount": 217, "rvRatioPercentile": 62.672811059907836, "rvRatioPercentileSampleCount": 217, "returnCorrelation30": 0.1827741522154003, "returnCorrelation30SampleCount": 30, "returnCorrelation60": 0.43280873597783703, "returnCorrelation60SampleCount": 60 }, "methodology": "Persisted common US session. SOL realised volatility is annualised on sqrt(365); SPX realised volatility is annualised on sqrt(252). Null IV percentiles are preserved because no eligible prior observations were available." } }