Deribit's bitcoin volatility index read 37.59 when the Fed's statement came out at 2 p.m. ET and 37.58 at 4:45 p.m. ET. Two Fed officials voted for a hike; bitcoin gained 0.33% on Coinbase over the same stretch.

Deribit's $ZEC options market is so privacy coded that you...can't actually see it. It doesn't exist. It might never exist realistically due to $ZEC being a privacy coin. The big break for @DeriveXYZ earlier this year was listing $HYPE options months before Deribit did, and they now dominate that market. If $ZEC continues to be the next PvE runner, it's just another mass onboarding event for Derive. And then it'll be $LIT ...and $VVV ...and $PUMP ...and $DRV itself 👀 The biggest mistake people made was thinking on chain options lost to perps because of how long it's taken to get to this point. There just weren't enough interesting, quality assets to list liquid options markets for, and building it all is HARD. On chain options are going to look like the 5'5 late bloomer who everyone bullied and then he hit 6'5 over a single summer.

Deribit has secured a VARA Broker-Dealer license in Dubai. Deribit users will soon have access to deeper spot liquidity and a broader range of assets through Coinbase Exchange. Find out more ↓

Deribit Integrates Coinbase Spot Liquidity Following VARA License Approval @Deribitofficial obtains a Virtual Assets Regulatory Authority (VARA) Broker-Dealer license in Dubai, thus kickstarting a strategic collaboration with @Coinbase Exchange. With the new license, Deribit executes all spot trades via institutional order books at Coinbase. This is to offer its customers enhanced liquidity and narrower spreads for $BTC and $ETH, as well as for upcoming tokenized assets.

🚀 Deribit’s New Matching Engine: From Milliseconds to Microseconds Deribit’s new matching engine is built to process high order volumes with faster and more predictable response times. Measured results following the rollout: ➡️ Median request-response latency fell from 4.7 milliseconds to 76 microseconds, an improvement of roughly 61×. ➡️ P99 latency, covering the slowest 1% of responses, fell from 124 milliseconds to 234 microseconds, an improvement of roughly 531×. Read the full article and peer-reviewed technical paper here:

⚠️ALERT: Binance and Deribit revoked all API keys linked to SignalPlus after the crypto options trading platform flagged a potential security issue, Reuters reports. Binance said user funds are SAFE. Deribit also found no signs where its systems or data were affected. Binance founder CZ urged SignalPlus users to revoke their API keys on other exchanges too.

⚡️NEW: @coinbase and @DeribitOfficial are officially becoming one trading infrastructure. The completed integration creates Coinbase Global Exchange, bringing spot, perpetuals, dated futures and options together. Deribit brings: - $30B+ in BTC options open interest - $1T+ in trading volume last year - 100+ additional perpetual contracts for existing Deribit users Coinbase says the next phase will connect U.S. and global derivatives liquidity into a single regulated pool. Options, spot margin and unified portfolios are coming in the next few weeks. And by year-end, Coinbase Pro is coming back for professional traders.

🚨 Migration Completed The Deribit and Coinbase International Exchange migration is complete, bringing clients and liquidity together on Trade spot, options, perpetuals and futures with deep liquidity across crypto, equity and pre-IPO markets - all in one place. Deribit. Always Open.