Deribit Prepares for $2.85 Billion Options Expiry
- Notional value of over $2.85 billion to expire.
- Possible spike in market volatility expected.
- Deribit leads the options expiry events.

Bitcoin and Ethereum options with a notional value exceeding $2.85 billion are set to expire on Deribit on May 2, 2025, at 16:00 Beijing time.
A major expiration event on Deribit involves significant BTC and ETH options, potentially impacting the market due to large-scale expiry.
The upcoming options expiry involves $2.85 billion with Bitcoin and Ethereum featuring predominately. Deribit, a leading exchange, facilitates regular expiry events, leading to market volatility. Key metrics, standard in such expiries, include the Put/Call ratio. According to the Deribit Team, “We are preparing for a significant options expiry event involving over $2.85 billion in Bitcoin and Ethereum options on May 2, 2025.”
Predictions point to market volatility due to the substantial options exposure. Recent expiries have shown similar patterns, potentially prompting price shifts in the BTC and ETH markets, following significant options expiration events.
Market participants anticipate fluctuations following the Deribit options expiry, with BTC and ETH likely experiencing increased trading activity. Historically, similar expiry events align with heightened market dynamics.
With history indicating similar events lead to volatility, stakeholders prepare for possible changes in cryptocurrency prices. The larger impact may be driven by macroeconomic factors and the interplay with market announcements.
Experts point towards routine expiries, such as Deribit’s, as key in shaping short-term trading strategies. These events potentially influence market movements, alongside broader industry and regulatory trends.