When is Deribit options expiry?

TLDR

Deribit options settle at 8:00 am (UTC) on the expiry day, with most weekly and monthly expiries falling on Friday 8:00 am (UTC).

1. This weeks record expiry is Friday, 26 Dec at 8:00 am (UTC) per a market update on the Boxing Day event Friday expiry.
2. The prior weekly expiry was Friday, 19 Dec at 8:00 am (UTC) Dec 19, 08:00 UTC.
3. Convert from UTC to your local timezone for planning; the settlement cut-off is precise.

Deep Dive

1. Standard Time

Deribit options typically expire and settle at 8:00 am (UTC). That fixed settlement time is cited across multiple market briefings for weekly expiries 8:00 am (UTC).

Why Friday matters: weekly and monthly crypto options on Deribit commonly align to Friday settlement, which concentrates positioning and hedging flows into that morning window Friday expiry.

2. This Weeks Expiry

This week features a record expiry on Friday, 26 Dec at 8:00 am (UTC), with tens of billions in BTC and ETH options rolling off on Deribit Friday expiry.

• Market commentary flags it as the largest on record, with a significant share of total open interest affected, which can heighten pinning and hedging effects into the cut-off Friday expiry.

3. Last Weeks Reference

The previous weekly batch expired Friday, 19 Dec at 8:00 am (UTC), consistent with the standard Deribit schedule Dec 19, 08:00 UTC.

• Multiple outlets and market watchers referenced the same settlement time, reinforcing the pattern traders use for timing adjustments around expiries 8:00 am (UTC).

Conclusion

Deribit options expire at 8:00 am (UTC), most often on Friday, and this cadence can anchor risk management and monitoring. Into major expiries, expect tighter ranges and strike pinning, with cleaner moves after settlement as hedges and positions reset.