Deribit
7 storiesDeribit Dominates Coinbase Derivatives as Institutional Migration Nears
Deribit already holds over 96% of open interest shown on Coinbase's derivatives dashboard, with a September 9 migration set to shift institutional positions and change how trades are settled and managed for major clients
Bitcoin Futures Face $48B Leverage Squeeze as Price Range Tightens
Nearly $48 billion in Bitcoin futures open interest is at risk as opposing leveraged positions on offshore and CME markets set the stage for forced liquidations if spot prices break out of their current range
On-Chain Options Aim to Transform Crypto Market Liquidity
On-chain options are emerging as a new tool for managing risk in crypto, but thin liquidity and infrastructure gaps mean they remain a fraction of the $21B daily perpetuals market
Coinbase to Migrate Institutional Accounts to Deribit in September
Coinbase will move its International Exchange institutional accounts to Deribit on September 9, requiring clients to close positions or opt out by August 28. The migration will involve forced settlement, account changes, and a brief trading interruption.
Bitcoin Faces $1.1B Short Pressure as $62K Support Tested
Bitcoin is trading just above $62,900 as a major $1.17 billion options overhang at the $60,000 strike raises the risk of a sharp move if the $62,000 level fails to hold through the weekend.
Coinbase Brings Perpetual Futures to US as CME Sues CFTC
Coinbase has launched US-regulated perpetual-style crypto futures, importing a product that dominates global derivatives trading. CME is now suing the CFTC over its approval, putting the future of US perps in legal limbo
Bitcoin Options Expiry Looms as Market Stalls Near $64K
Bitcoin's price has barely budged despite two major options expiries, leaving traders focused on a $2.5 billion bet set to expire July 31 as thin demand and upcoming Fed decisions shape the next move