Bitcoin Options Open Interest Surges to Record $50B on Deribit as Traders Hedge Downside Risks

The open interest in Bitcoin options has reached an unprecedented level of $50 billion on the Deribit exchange, reflecting a significant surge in trading activity, as investors and traders actively seek to hedge against potential downside risks in the cryptocurrency market. This notable increase indicates a growing interest in options trading as market participants look to protect their investments amid heightened volatility and uncertain market conditions, showcasing the evolving landscape of cryptocurrency trading strategies. source: https://www.coindesk.com/markets/2025/10/23/bitcoin-options-open-interest-surges-to-record-usd50b-on-deribit-as-traders-actively-hedge-downside-risks