ObjectiveThe purpose of this study was to determine the causal effect of statins on osteoarthritis (OA) risk using Mendelian randomization (MR).MethodsSingle‐nucleotide polymorphisms (SNP)‐based genome‐wide association analyses (GWAS) of statins were collected from the UK Biobank and FinnGen dataset, and OA data was collected from the UK Biobank and arcOGEN study. Two‐sample MR analyses were performed utilizing the inverse variance weighted (IVW) technique. MR Egger, weighted median, and weighted mode served as supplementary analyses. Mendelian randomization‐Egger regression, Cochran's Q test, and MR‐PRESSO analysis were performed as sensitivity analyses. HMGCR expression and OA risk were evaluated using summary data‐based Mendelian randomization (SMR).ResultsMR analyses consistently supported a causal connection between statin use and OA risk. A causal effect was observed for atorvastatin (IVW: β=‐2.989, P=0.003) and rosuvastatin (IVW: β=‐14.141, P=0.006) treatment on hip OA. Meta‐analysis showed the association between atorvastatin and knee OA was statistically significant (OR=0.15, p = 0.004). Simvastatin use exhibited a protective effect against knee (IVW: β=‐1.056, P=0.004) and hip OA (IVW: β = ‐1.405, P = 0.001). Statin medication showed a protective effect on hip osteoarthritis (IVW: β =‐0.054, P = 0.013). HMGCR correlated significantly with a reduced risk of knee OA (β= ‐0.193, PSMR=0.017), rather than hip OA (β=0.067, PSMR=0.502), which suggested that statins' protective effect on OA may not be related to its lipid‐lowering effect.ConclusionThis MR study provides compelling evidence that statin treatment may be a protective factor for OA. Further research is required to clarify its underlying mechanism.