<p>The combined trading volume of bitcoin (BTC) and ether (ETH) options increased 443% in 2021, according to The Block Research.</p> <p>In absolute numbers, the combined trading volume of bitcoin and ether options was <a href="https://www.theblockcrypto.com/data/crypto-markets/options">over $387 billion in 2021</a>, based on data as of December 27. Last year, bitcoin and ether options saw a combined trading volume of over $71 billion.</p> <p>Deribit is the market leader for both bitcoin and ether options trading markets, having a giant share of <a href="https://www.theblockcrypto.com/data/crypto-markets/options">over 90%</a> as of December 27. </p> <p><iframe frameborder="0" height="420" src="https://embed.theblockcrypto.com/data/crypto-markets/options/volume-of-bitcoin-options/embed" title="Volume of Bitcoin Options" width="100%"></iframe> </p> <p><iframe frameborder="0" height="420" src="https://embed.theblockcrypto.com/data/crypto-markets/options/volume-of-ethereum-options/embed" title="Volume of Ethereum Options" width="100%"></iframe></p> <p>In addition to bitcoin and ether options, bitcoin and ether futures also saw a record trading volume in 2021. Their combined trading volume <a href="https://www.theblockcrypto.com/linked/128590/bitcoin-and-ether-futures-trading-volume-crossed-32-trillion-in-2021">surged over $32 trillion</a> in 2021 compared to over $7 trillion in 2020, representing a massive growth of 338%.</p>