Coinbase and Deribit have introduced six new USDC-settled perpetual futures markets for international traders, offering 24/7 leveraged access to major equity assets.
Coinbase has launched a CFTC-regulated platform, Coinbase Global Exchange, integrating its $2.9 billion Deribit acquisition to provide US traders with access to global derivatives liquidity.
Coinbase is relaunching its professional platform, Coinbase Pro, featuring expanded market options and support for a wider range of financial instruments following its integration with Deribit.
Coinbase has integrated Deribit to provide US institutional clients with regulated access to global options and perpetual futures markets.
Coinbase has acquired the derivatives platform Deribit to expand its institutional service offerings in the US market.
Coinbase is reviving its Pro brand within a new global exchange built on the infrastructure of Deribit, which the company acquired for $2.9 billion.
Deribit has upgraded its matching engine to the new Starbase system, achieving a 61-fold reduction in median latency and over 500-fold improvement in tail latency.
Coinbase is migrating institutional derivatives clients to Deribit on October 1, 2026, following its $2.9 billion acquisition of the platform.
An institutional trader placed a $3.2 million bet via a butterfly spread options strategy on Deribit, targeting a Bitcoin price of $95,000 by October 30.
Bitcoin options market participants have placed substantial bets on price growth, with open interest totaling $16,07 billion ahead of the upcoming Friday expiry.
Options contracts for Bitcoin and Ethereum totaling $16.6 billion are scheduled to expire on Deribit on September 25, 2026, with a market bias favoring higher prices.
Options contracts for Bitcoin and Ethereum totaling up to $3 billion expired on Deribit, revealing a shift toward defensive hedging for Ethereum.
Bitcoin options market implied volatility has dropped to around 37%, down from a June 2026 peak of approximately 65%.
