ETH: Options Volume by Trade Type (Deribit)
Shown as its 3 Oct – 1 Nov 2026 sample; the latest readings and full history are included with Plus.
How ETH option notional traded on Deribit splits between the order book, combination orders and block trades.
Why use it. Most large option business is done off the order book. This shows how much of the market is on screen and how much is negotiated or requested in private. How to read it. Each band is a share of the period's option notional, adding to 100%. A growing block band means more of the flow is large and negotiated; the RFQ band shows blocks arranged through Deribit's block request-for-quote system.
Calculation. A trade is a block when Deribit marks it with a block-trade id, and comes from an RFQ when it also carries a block RFQ id. A combination order is an order-book trade marked with a combination id. Each period: notional of each type / all option notional of the period, in percent. Source: every Deribit ETH option trade (the coin-settled contracts) from Deribit's public trade record, complete from the first listed contract, and our own copy of that record for the latest days. OKX and Bybit are not included: their trades are only available from our own capture, which starts on 14 October 2026 13:00 UTC.