How much BTC options open interest is on Deribit?
Deribit has $26.30B in tracked BTC options open interest across 940 active instruments.
Deribit BTC Options Market Data
Deribit BTC options market snapshot: 940 active instruments across 12 expiries with $26.30B total notional open interest and $3.29B in 24-hour notional volume. Underlying spot: $76,367.25.
BTC Options — Top Expiries by Open Interest (Deribit)
| Rank | Expiry | Notional OI (USD) | 24h Notional Volume (USD) | Contract OI | ATM IV |
|---|---|---|---|---|---|
| 1 | 2026-12-25 | $10.72B | $288.01M | 140,379.8 | 3816.00% |
| 2 | 2026-11-27 | $5.41B | $649.90M | 71,171.1 | 3706.00% |
| 3 | 2027-03-26 | $3.51B | $94.67M | 45,363.9 | 3916.00% |
| 4 | 2026-11-13 | $2.52B | $1.23B | 33,154.5 | 3743.00% |
| 5 | 2027-06-25 | $1.35B | $100.26M | 17,157.1 | 3986.00% |
| 6 | 2027-09-24 | $687.94M | $201.34M | 8,643.4 | 4004.00% |
| 7 | 2026-11-09 | $555.20M | $99.49M | 7,324.5 | 2404.00% |
| 8 | 2026-11-20 | $450.97M | $160.00M | 5,937.7 | 3717.00% |
Aggregate contract open interest: 343,526.2 contracts. Aggregate 24-hour contract volume: 43,089.4 contracts.
BTC Options·
Deribit
FAQs
Deribit BTC options market questions
Deribit BTC options currently have $26.30B in tracked open interest and $3.29B in 24-hour notional volume.
What is the Deribit BTC options volume?
Deribit BTC options generated $3.29B in 24-hour notional volume, or 0.13x current open interest.
What is the current Deribit BTC ATM implied volatility?
Nearest-expiry ATM implied volatility is 20.2%, based on the listed strike closest to the current underlying price.
What is the Deribit BTC options put/call ratio?
The open-interest-weighted put/call ratio is 0.69, calculated from current listed BTC puts and calls.
Which Deribit BTC options expiry has the most open interest?
2026-12-25 leads the current chain with $10.72B in estimated notional open interest.