EVOL index — level and chart
The EVOL index: level 49.74, 24h change -0.06%. A calculated value over a basket of shares, not a single stock. Updated in real time.
What this is
Market indexThe ether volatility index — the same construction as bitcoin's, but from ETH options: the market prices the expected swing as an annualised percentage. Ether's value is almost always higher than bitcoin's, and the gap between them is a figure in its own right, showing where the market expects more events. What this shows: a widening of that gap often precedes large moves in altcoins, while its compression means the market has calmed down about everything at once. Here the index trades as a perpetual contract on Gate; as with the bitcoin one, holding it for long is expensive — it is an instrument for weeks, not for a year.
Chart
Chart built from data of Gate
What the data shows
EVOL trades at 49.74. Over 66 days it ranged between 41.00 and 60.24; the price now sits in the middle of that range — 45% of the way from the yearly low to the high.
All-time high is 60.24 (August 2026); the price is 17% below it now.
The daily range is 1.8% and five-minute NATR is 0.00%. That range is at percentile 20 for the year — a noticeably calmer day than usual.
There is only one venue — Gate — and no second price source: if it drifted from the market, there would be nothing to notice it by.
24-hour turnover is $118 — percentile 27 for the year: a normal level of activity for it.
Behind this ticker stands a share, not a token. The contract trades without weekends, while the exchange of the share itself is shut overnight and at weekends — in those hours the price is driven by expectations, not by trades in the stock.
Open positions in EVOL are worth $58K. Over the past hour open interest rose by 0.00%. That is an ordinary level for this coin — percentile 36.
EVOL correlation with Bitcoin over 24 hours is -0.14 — it goes its own way, barely looking at Bitcoin.
Funding is +0.0100%: longs pay shorts, so positioning leans to buyers.
Over the day -0.06%, over the hour 0.00%, over the last five minutes 0.00% — it moved livelier an hour ago and has since gone quiet.
By turnover it ranks 1960 of 2043 instruments in the screener.
By daily range it ranks 1271 of 2043.
Built from current numbers and the coin's own year of history. Updates with the data.
Our observations
KairoRight now EVOL is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — market index. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.