How much BTC options open interest is on Derive?
Derive has $638.08M in tracked BTC options open interest across 540 active instruments.
Derive BTC Options Market Data
Derive BTC options market snapshot: 540 active instruments across 11 expiries with $638.08M total notional open interest and $150.17M in 24-hour notional volume. Underlying spot: $73,253.
BTC Options — Top Expiries by Open Interest (Derive)
| Rank | Expiry | Notional OI (USD) | 24h Notional Volume (USD) | Contract OI | ATM IV |
|---|---|---|---|---|---|
| 1 | 2026-11-27 | $175.60M | $1.42M | 2,395.967 | 3645.90% |
| 2 | 2026-12-25 | $145.22M | $23.21M | 1,980.738 | 3760.20% |
| 3 | 2027-03-26 | $94.43M | $12.09M | 1,288.497 | 3909.50% |
| 4 | 2026-11-13 | $88.82M | $2.93M | 1,211.454 | 3979.00% |
| 5 | 2027-06-25 | $54.39M | $19.23K | 742.151 | 3968.60% |
| 6 | 2027-01-29 | $44.45M | $85.22M | 606.32 | 3810.20% |
| 7 | 2026-11-11 | $17.85M | $22.52M | 243.585 | 4309.60% |
| 8 | 2026-11-20 | $11.08M | $1.38M | 151.2 | 3675.60% |
Aggregate contract open interest: 8,704.982 contracts. Aggregate 24-hour contract volume: 2,048.567 contracts.
BTC Options·
Derive
FAQs
Derive BTC options market questions
Derive BTC options currently have $638.08M in tracked open interest and $150.17M in 24-hour notional volume.
What is the Derive BTC options volume?
Derive BTC options generated $150.17M in 24-hour notional volume, or 0.24x current open interest.
What is the current Derive BTC ATM implied volatility?
Nearest-expiry ATM implied volatility is 43.1%, based on the listed strike closest to the current underlying price.
What is the Derive BTC options put/call ratio?
The open-interest-weighted put/call ratio is 0.43, calculated from current listed BTC puts and calls.
Which Derive BTC options expiry has the most open interest?
2026-11-27 leads the current chain with $175.60M in estimated notional open interest.