Risk Dashboards

This document has two parts. The first is a visual example of how the Risk Dashboards could look integrated into Cointelegraph, starting with the reading that sits beside the price and then the full panel a reader gets on clicking it. The second walks through the five dashboards chart by chart: what each one shows, and why it would matter to a Cointelegraph reader. The visual example lists only a few data points; we could add as many metrics as you want.

Cointelegraph
× The Risk Protocol
Product research byJeswin and Karim

A Risk Reading Beside Every Price

Beside every price sits a Risk Outlook reading: how much movement to expect from that asset, refreshed hourly.

The number is the way in. Click it and one panel opens with the full story: what the number means for the week ahead, how it compares with the past, where it sits against the asset's own history, and what it would mean in dollars for what you hold.

Markets · Prices · NewsLive
NamePrice24h %7d %Market capRisk outlook
BTC$63,776.21▲ 1.65%▲ 0.54%$1.27T 30.32% Very high

One Click In: The Full Risk Picture

Clicking the Risk Outlook number opens a single panel for that asset. Its sections sit in the tabs below, and a reader can go straight to whichever one answers their question.

Markets · Prices · NewsLive

BTC · Risk Outlook

How much movement to expect, and what it would mean for what you hold
Powered by The Risk Protocol
Expected volatility · next 7 days
30.32%Very high
Annualized, so it compares directly across assets and time frames.
Very lowLowMediumHighVery high
Where this sits against BTC's own past year, split into fifths.
What that means in practice
A typical day moves±1.6%
A typical week moves±4.2%
On $1,000 of BTC, a typical week is±$42
"Typical" means about two weeks in three. Bigger weeks happen more often in crypto than a bell curve suggests.
Past vs forecast · annualized volatility
1 day7 days30 days
Past31.1% High25.7% Medium27.3% Very high
Forecast29.0% High30.3% Very high31.9% Very high
Where volatility has been and where the models expect it to go, each number labelled against BTC's own past year.
The read: BTC's past week ran close to its usual pace, and the models expect the next one to run hotter. The month ahead reads Very high—for BTC and for every other asset on the board.

Total volatility counts every move, up and down, as one number. Splitting it shows which side is moving the market: rallies (good volatility) or falls (bad volatility).

7-day realized volatility. Each gauge is placed against that asset's own past year, split into fifths.
Volatility spread · past year
The line plots upside volatility minus downside volatility from 7-day readings, so a stretch above zero means the rallies have been the bigger moves, and a stretch below zero means the falls have.
-20%-10%10%Sep 2025Nov 2025Jan 2026Mar 2026May 2026Jul 20260%Today +0.2%RALLIES DRIVINGFALLS DRIVINGSPREAD (%)
How much could a bad day cost?
An ordinary bad day
−3.5%
about $35 on $1,000
A genuinely bad day
−5.2%
about $52 on $1,000
About one day in twenty turned out worse than the first figure over the past year; the second is the average of those days.
What this means for you. The first figure is what an ordinary bad day has looked like, while the second is the average of the genuinely bad ones, which always reach further. It is worth checking that a loss of the second size would not force you to sell, because finding that out during a calm week costs nothing, and finding it out during a selloff costs the most.
On the dashboards these are computed as Value at Risk and Expected Shortfall, sharpened with a volatility-adjusted model. The figures here are the plain readings from the past year of daily moves.
How far has it fallen before?
Deepest fall, past year
−54%
peak to bottom, on hourly prices
Back to even
Not yet
The fall ran 267 days, and the price has not climbed back.
Below its high now
−49%
as of the latest hourly price
0%−20%−40%Sep 2025Nov 2025Jan 2026Mar 2026May 2026Jul 2026ITS HIGH−53% · 1 JulNow −49%
The shaded area shows how far BTC sat below its own highest price at each point of the past year. Deeper means a bigger fall to sit through.
What this means for you. The worst stretches are the real test of holding an asset, because a deep fall is usually also a long one, and it is the months of waiting that wear holders down rather than the first drop. If the past year on this chart would have been too much to sit through, a smaller holding is the honest answer.
How often do very large days happen?
1 in 28
days over the past year moved more than ±5%—13 days out of 364.
What this means for you. Very large days are part of how this asset behaves, not rare accidents. A calm month tells you the market has been quiet, not that it has become safe, and the quiet stretches are exactly when that is easiest to forget.

If you hold $1,000 of BTC, a typical week moves it by about ±$42. An ordinary bad day has taken it down about $35, and a genuinely bad one about $52. The deepest fall of the past year was −54%, and the price has not yet climbed back—it still sits about 49% below that high. Days with a move beyond ±5% arrived about one in 28.

Risk data by The Risk Protocol · Updated hourly · 04/08/2026 06:00 UTC

Price Says Where It Is. Volatility Says What It Might Do Next.

Price tells you where your asset is. It does not tell you whether the week ahead is likely to be calm or violent—and that is what decides how rough a ride your holdings are in for.

The forecast answers that question, and it moves even when price does not: two assets can both be flat today while the models expect one of them to move several times more than the other over the month ahead.

The board has settled, and the models expect it to wake. Only four of the 18 assets moved more this past week than in most weeks of their own past year, yet all 18 carry a Very high forecast for the month ahead.

Reading the Two Together

Forecast calm
Forecast hot
Week calm
Quiet Now, Quiet AheadThis is a genuinely calm stretch, with movement low and expected to stay low.
Quiet Now, Moves AheadTodayThis is a calm that is not expected to last, because the models see bigger moves coming.
Week hot
Rough Now, Calming AheadThis is a rough patch that the models expect to fade.
Rough Now, Rough AheadMovement is high and expected to stay high, which makes this the riskiest square on the table.

The Dashboards, Chart by Chart

Each dashboard heading below (marked ) links to the live dashboard on riskprotocol.io. Open it alongside this page to see every chart next to its description.

Top 20 Historic Volatility

ChartWhat it showsWhy it matters to a DeFi user
Current Volatility SnapshotThree gauges for whichever asset you select. The first shows total volatility, meaning how much the price has been moving overall. The other two split that movement into upside volatility, the part that came from rises, and downside volatility, the part that came from falls. Each needle is placed against that asset's own range for the past year.These gauges tell you whether the asset is moving calmly or wildly compared with its own past year, and whether that movement is coming from rises, which make holders money, or from falls, which cost them. The comparison against the asset's own history matters because a reading that is normal for one coin can be extreme for another.
Volatility Over TimeA line chart tracking three measures through time: the asset's total volatility, the part coming from rises, and the part coming from falls.The direction of these lines usually tells you more than their level, because a market that is becoming more volatile behaves very differently from one that is calming down, even when both pass through the same reading. Following the trend also shows whether a burst of movement was a one-off event or the start of a rougher stretch.
Volatility Spread Over TimeA single line measuring rise-driven volatility minus fall-driven volatility, day by day. The line sits above zero when rallies are the bigger moves and below zero when falls are.This line works as an early warning, because it often changes sign before the price trend itself turns. When a market gradually stops rallying hard and its falls become the bigger moves, that shift appears here while the price chart still looks steady.
Rolling Return Over TimeA line chart of the asset's gain or loss over a rolling window of the past 1, 7 or 30 days, drawn through time.This chart answers whether the movement actually paid, because two assets can swing equally hard over the same stretch while one ends higher and the other ends lower. Volatility on its own cannot tell those two apart.

Top 20 Forecast Volatility

ChartWhat it showsWhy it matters to a DeFi user
Forecast VolatilityThree gauges showing how much movement the models expect from the asset over the next day, the next 7 days and the next 30 days, each placed against that asset's own past year.Almost every other number on a market page describes what has already happened, which makes this the one to check when deciding what to do next: it estimates whether the coming days are likely to be calm or rough before they arrive.
Forecast Volatility Term StructureA curve of expected volatility at every horizon from tomorrow out to 90 days. Fainter lines behind it show the same curve as it looked 7, 30 and 90 days ago.The shape of the curve says when the movement is expected, because a curve that rises with the horizon means the models see bigger moves further out, while one that falls means the current stress is expected to fade. The older curves behind it add context by showing whether those expectations have been building or easing over recent weeks.
Volatility Regime HeatmapA colour-coded grid with one row per asset. Six cells per row show past and expected volatility at three time horizons, each cell coloured from Very Low to Very High by how unusual that reading is for that asset against its own past year.Because every asset appears in one grid, this is the quickest way to tell whether a move belongs to one coin or to the whole market. A column of hot cells means the movement is market-wide, while a single hot row means something is happening to that coin alone, and those two situations usually deserve different reactions.

Top 100 Risk By Sector

ChartWhat it showsWhy it matters to a DeFi user
Sector Performance & RiskA table grouping the 100 largest cryptocurrencies into nine sectors by what they actually do, from blockchain infrastructure and DeFI through to gaming and meme coins, with each sector's return, volatility and risk-adjusted score in the columns.Crypto stopped moving as a single block years ago, so a rally or a selloff usually lives in one corner of the market rather than everywhere at once. This table shows which corner that is, and it also reveals whether your own holdings are spread across different sectors or concentrated in a single one.
Historical Sector Performance (six charts)Six line charts, each drawing one line per sector through time. One chart each for: returns, total volatility, upside volatility (from rises), downside volatility (from falls), and two risk-adjusted scores (the Sharpe and Sortino ratios).Because sectors take turns leading the market, these lines are where rotation first becomes visible: when money moves from one theme to another, the crossover shows up here before it is obvious in the headlines.

Top 100 Risk By Size

ChartWhat it showsWhy it matters to a DeFi user
Aggregated Group Performance & RiskA table splitting the 100 largest cryptocurrencies into five groups of twenty by market value, from the biggest coins down to the smallest, with each group's return, volatility and risk-adjusted score.This table answers whether the extra risk of holding smaller coins is currently being rewarded. When the biggest coins are earning more with less movement, moving down the size curve adds risk without adding return, whereas a stretch in which the smallest coins out-earn the majors is one of the earlier signs that a speculative phase is building.
Historical Size Cohort Performance (six charts)Six line charts, each drawing one line per size group through time. One chart each for: returns, total volatility, upside volatility (from rises), downside volatility (from falls), and two risk-adjusted scores (the Sharpe and Sortino ratios).The smallest group deserves particular attention, because it tends to move first and hardest in both directions. When its lines start running ahead of the rest, a boom or a bust is often further along than the large coins alone would suggest.

Tail Risk & Drawdowns

ChartWhat it showsWhy it matters to a DeFi user
VaR Analysis: Daily Returns HistogramA bar chart stacking up the asset's daily moves from the recent past. Most bars cluster around small moves, with a thin tail of extreme days, and a marked line shows the loss a single day is not expected to exceed at your chosen confidence level.The marked line gives you a working boundary between an ordinary bad day and a genuinely exceptional one. When a day lands beyond it, the more likely explanation is that market conditions have changed, rather than that you were simply unlucky.
VaR Analysis: Returns Density vs. Normal DistributionTwo curves laid over each other: the smooth bell curve a calm, orderly market would produce, and the shape this asset's returns actually trace.Wherever the real curve sits fatter at the edges than the bell curve, big days happen more often than a calm model would predict, and that gap is why crypto keeps surprising people who expect it to behave like a stock index.
Distribution ShapeTwo numbers summarising the pattern of an asset's returns: skewness, which says whether the big surprises tend to be rises or falls, and kurtosis, which says how much of the risk is packed into a few rare days.A negative skewness tells you that when this asset produces a big surprise, the surprise is usually a fall, while a high kurtosis tells you that its risk arrives in bursts, with long calm stretches punctuated by enormous days. Together they explain why a quiet month is weak evidence that an asset is safe.
Historical DrawdownsA chart tracking how far the asset sat below its own highest price so far, continuously through history. The line touches zero at every new peak and dips with every decline until the old peak is regained.This chart is worth studying before buying, because it shows what holding the asset through its worst stretches would actually have felt like, including how deep the falls went and how long the wait was before the price returned to its old peak.
Top 20 Drawdown Events by MagnitudeA table of the asset's twenty deepest falls on record: how far the price fell from peak to bottom, how long the fall lasted, and how long it took to climb back to the old peak.The duration columns matter as much as the depth, because a 40% fall that recovers within a month is a very different experience from one that drags on for a year. Long recoveries are usually what make holders give up, so the length of past falls is a fair test of whether you could hold through the next one.
30-Day Rolling Ulcer IndexA line tracking a single score that combines how deep recent declines have been with how long they have lasted, over a rolling 30-day window. Deeper falls count extra, and the score stays near zero while the price sits at or near its highs.Ordinary volatility counts rises and falls alike, whereas this score counts only the part that hurts to hold, which is time spent below a previous high. When it climbs while volatility stays flat, the market is becoming more painful to hold even though it does not look any wilder.
Frequency of Extreme Moves (Last 30 Days)A count of how many of the last 30 days moved more than 5%, how many moved more than 10%, and how many moved more than 2.5 times that asset's own usual daily swing.This turns tail risk into something you can simply count. A month without a single extreme day suggests the market has been unusually compressed, while a cluster of extreme days tells you conditions have already shifted and the recent past is a poor guide to the days ahead.