Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.The downtrend in leading crypto options exchange Deribit's forward-looking ether volatility index (ETH DVOL) continues amid macroeconomic uncertainties and the pepecoin (PEPE) frenzy that has boosted demand for the Ethereum network.The DVOL index, which calculates ether's annualized 30-day implied volatility or expectations for price turbulence over the next four weeks, fell to a record low of 51 over the weekend, according to digital assets data provider Amberdata.
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