{"iri":"http://fasb.org/us-gaap/2026#VarianceSwapMember","label":"Variance Swap [Member]","definition":"A type of volatility swap where the payout is linear to variance rather than volatility. Therefore, the payout will rise at a higher rate than volatility.","license":"https://accountingfoundation.org/page/pageContent?pageId=/Termsofuse/Termsofuse.html","source":"gaap","source_url":"http://fasb.org/us-gaap/2026#VarianceSwapMember"}