{"uid":"cap_EVkX8C4sHueMx7eQ_KvmV","slug":"dripmetrics-btc-crash-premium-393f88cb","name":"DripMetrics BTC Crash Premium","description":"DripMetricsAI (https://dripmetrics.ai/) provides on-demand BTC option-derived metrics that combine the Deribit option chain with DripMetrics' own trade-level realized calculations. Agents can pay per request via x402 and receive structured JSON metrics without subscriptions or API keys. Crash premium measures Deribit 25-delta risk-reversal skew minus the realized downside-upside semivolatility asymmetry on DripMetrics' BTC trade tape, both in annualized vol points.","url":"https://api.dripmetrics.ai/options/crash-premium","method":"GET","headers":{},"bodySchema":{"type":"object","$schema":"https://json-schema.org/draft/2020-12/schema","required":["input"],"properties":{"input":{"type":"object","required":["type","method"],"properties":{"type":{"type":"string","const":"http"},"method":{"enum":["GET"],"type":"string"},"queryParams":{"type":"object","required":[],"properties":{"window":{"enum":["30m","1h","2h","3h"],"type":"string","description":"Lookback window for the realized (trade tape) leg. Defaults to 30m."}},"additionalProperties":false}},"additionalProperties":false},"output":{"type":"object","required":["type"],"properties":{"type":{"type":"string"},"example":{"type":"object","required":["metric","pair","value","components","sampleSize","source","computedAt"],"properties":{"pair":{"type":"string","const":"BTC"},"value":{"type":["number","null"]},"metric":{"type":"string"},"source":{"type":"object"},"window":{"type":"string"},"components":{"type":"object"},"computedAt":{"type":"string","format":"date-time"},"sampleSize":{"type":"object"}},"additionalProperties":false}}}}},"responseSchema":{"type":"json","example":{"pair":"BTC","value":0.0312,"metric":"crash-premium","source":{"chain":"https://www.deribit.com/api/v2/public/get_book_summary_by_currency?currency=BTC&kind=option","index":"https://www.deribit.com/api/v2/public/get_index_price?index_name=btc_usd","trades":"DripMetrics BTC trade cache"},"window":"1h","components":{"rr25":0.045,"expiry":"2026-07-15T08:00:00.000Z","forward":108300.1,"dteHours":162,"ivPut25Delta":0.565,"realizedSkew":0.0138,"ivCall25Delta":0.52,"upsideSemivolAnnualized":0.3982,"downsideSemivolAnnualized":0.412},"computedAt":"2026-07-08T14:00:00.000Z","sampleSize":{"trades":4310,"intervals":59,"upsideIntervals":32,"downsideIntervals":27}}},"example":null,"exampleRequest":null,"tags":["x402"],"displayCostAmount":"0.05","displayCostAsset":"USDC","priceDynamic":false,"priceHint":null,"priceStatus":"priced","priceSource":"probe","requiresHandshake":false,"reviewCount":0,"rating":{"score":"0.00","successRate":"0.00","reviews":0,"stars":null,"state":"unrated"},"availabilityStatus":"unknown","priceObserved":null,"sessionDeposit":null,"pricing":{"kind":"static","summary":"$0.05/call","primary":{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.05","per":"call","confidence":"exact"},"accepted":[{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.05","per":"call","confidence":"exact"}]},"paymentMethods":[{"uid":"pm_eDMDJa3lGUDwSab_bkgna","protocol":"x402","methodType":"crypto","chain":"base","mode":"charge","costAmount":"0.05","costPer":"request","priority":0,"asset":"0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913","unit":"request","depositMicros":null,"planRef":null}],"brandName":null,"brandSlug":null,"brandBaseUrl":null,"brandDocsUrl":null,"whatItDoes":"Returns BTC crash premium — the gap between Deribit 25-delta risk-reversal skew and realized downside-upside semivolatility asymmetry from DripMetrics' trade tape — as an annualized vol-point metric.","exampleAgentPrompt":"What's the current BTC crash premium on DripMetrics — how much extra downside vol are options pricing in vs what's actually realized over the last hour?","exampleUseCases":null,"resultDescription":"A structured JSON object containing the crash premium value in annualized vol points, broken down into the Deribit 25-delta risk-reversal skew component and the realized downside-upside semivolatility asymmetry component, along with sample size details, data source metadata, and a UTC timestamp of when the metric was computed.","failureModes":["Insufficient trade data in the lookback window returns null for value field","Invalid window parameter (not one of 30m, 1h, 2h, 3h) returns 400 error","Deribit options chain unavailable causes partial or null output","Payment failure via x402 returns 402 Payment Required","Rate limiting or service downtime returns 503"],"whenToPreferThis":"Use this endpoint when you need a synthesized BTC tail-risk metric that combines Deribit options market skew with realized trade-level semivolatility — particularly useful for assessing whether crash protection in options is cheap or expensive relative to actual realized downside asymmetry. Prefer this over raw implied vol endpoints when you want a single number capturing options market mispricing of crash risk.","instructions":null,"reviewSummary":null,"reviewSummaryHighlights":null,"reviewSummaryConcerns":null,"reviewSummaryGeneratedAt":null,"activationCount":0,"lastUsedAt":null,"lastSuccessfullyRanAt":null,"lastHealthCheckAt":"2026-09-13T18:43:23.505Z","isFirstParty":false}