Deribit retains top spot in H1 crypto options market share

Deribit retained the largest share of the cryptocurrency options market in the first half, according to CoinGlass. BTC and ETH options volume across five major crypto options exchanges reached about $864.6 billion in the first half. Deribit led with a 49.3% market share, followed by Bybit at 22.3%, Binance at 13.4%, and OKX at 13.3%. Those four exchanges accounted for more than 98% of the overall options market. Deribit’s monthly market share also fell markedly to 41.8% from 56.3% in January, while Bybit overtook Deribit to rank first in ETH options trading volume.