​
Description

This dashboard provides key aggregations of volume and open interest for the entire cryptocurrency options market as monitored by Amberdata. Currently, this includes Deribit, Okex, and Bybit, which together represent approximately 95% of the total crypto options market. All metrics on this page are expressed in nominal US dollar values.
  • Volumes: Volumes represent the nominal values traded in the last 24 hours.
  • Open Interest: Open interest represents the nominal values of open contracts.
Typically, high volumes and high open interest indicate significant market activity and heightened volatility. For our full options analytics suite, please go to Amberdata Derivatives.

​
Use Case

**Researchers: **This dataset enables comprehensive analysis of the evolving options market, a growing segment within the broader derivatives landscape, which remains largely dominated by futures. Researchers can track trends over time and across multiple assets and exchanges, allowing for the identification of structural patterns and market behavior. **Analysts: **For market participants seeking strategic insights, monitoring instruments with elevated open interest or trading volume may indicate areas of concentrated activity and liquidity. Such observations can inform positioning, risk assessment, and potential market inefficiencies.

​
Methodology

Data is sourced from the specified endpoint, updated on an hourly basis, and aggregated from the fundamental unit of each instrument per exchange. Each exchange defines its own technical specifications for quoting instruments—some denominate values in native assets (e.g., BTC options on Deribit), while others use stablecoins (e.g., BTC options on Bybit quoted in USDC). To enable cross-exchange and cross-instrument comparison, contract values have been standardized to U.S. dollar equivalents. This normalization accounts for exchange-specific multipliers and contract structures, ensuring consistency across the dataset.