Comparison Options BTC Dvol Index Vol of Vol

Bitcoin

The volatility of the DVOL index itself for BTC — how unstable the price of risk is.

Why it matters

It measures uncertainty about uncertainty: whether the options market has settled on a fear level or keeps repricing it.

How it is built

Rolling volatility computed over the DVOL index series.

What to watch

Regime changes announce themselves here first — vol-of-vol spikes when the market abandons one volatility consensus and hunts for another.

Related metrics