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Coinbase Acquires Deribit, Boosting Crypto Derivatives Power

Published by
Qadir AK

Coinbase has completed its acquisition of Deribit, a top crypto options trading platform with approximately $59 billion in open interest and a record $185 billion in monthly trading volume in July. Deribit recorded over $1 trillion in trading volume last year, making it a dominant player in the crypto derivatives market. This acquisition enables Coinbase to offer comprehensive trading across spot, futures, perpetual contracts, and options, strengthening its position as a global leader in crypto derivatives.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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