Deribit BTC Options Market Data
Deribit BTC options market snapshot: 828 active instruments across 12 expiries with $20.81B total notional open interest and $799.81M in 24-hour notional volume. Underlying spot: $65,236.85.
BTC Options — Top Expiries by Open Interest (Deribit)
| Rank | Expiry | Notional OI (USD) | 24h Notional Volume (USD) | Contract OI | ATM IV |
|---|---|---|---|---|---|
| 1 | 2026-09-25 | $6.70B | $81.73M | 102,720.9 | 3425.00% |
| 2 | 2026-12-25 | $6.40B | $41.04M | 96,950 | 3962.00% |
| 3 | 2026-08-28 | $3.58B | $237.14M | 55,065.2 | 3010.00% |
| 4 | 2027-03-26 | $1.65B | $9.43M | 24,791 | 4115.00% |
| 5 | 2026-08-14 | $1.03B | $155.09M | 15,795.7 | 2587.00% |
| 6 | 2026-08-21 | $591.58M | $64.58M | 9,108 | 2781.00% |
| 7 | 2027-06-25 | $320.62M | $5.57M | 4,757 | 4215.00% |
| 8 | 2026-10-30 | $245.66M | $23.66M | 3,750.2 | 3666.00% |
Aggregate contract open interest: 317,593.1 contracts. Aggregate 24-hour contract volume: 12,290.2 contracts.
BTC Options·
Deribit
Volatility Curves
IV by strike — merged call/put per expiry
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Term Structure
ATM IV across expiries
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Volatility Surface
IV across strikes and expiries
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ATM Constant Maturities
ATM IV over time by DTE bucket
Volatility Metrics
0 expiries