#deribit
deribit
73,879 views
216 Discussing
Hot
Latest
Deribit announced that it will stop publishing daily public reserve proofs and take down the public reserve proof page starting September 1, 2026.
According to official information, approximately 90% of customers’ assets have already been transferred to Coinbase for custody. This change means Deribit will no longer publicly disclose daily reserve data. For users who are accustomed to verifying a platform’s transparency by means of reserve proofs, they will need to continue monitoring whether the platform will introduce a new transparency disclosure mechanism.
The asset custody model of centralized exchanges has long been a focus of industry attention. How transferring most assets to a third-party custodian and ceasing public reserve proofs will affect users’ confidence in the platform remains to be seen.
#加密货币 #Deribit #Reserve Proof
According to official information, approximately 90% of customers’ assets have already been transferred to Coinbase for custody. This change means Deribit will no longer publicly disclose daily reserve data. For users who are accustomed to verifying a platform’s transparency by means of reserve proofs, they will need to continue monitoring whether the platform will introduce a new transparency disclosure mechanism.
The asset custody model of centralized exchanges has long been a focus of industry attention. How transferring most assets to a third-party custodian and ceasing public reserve proofs will affect users’ confidence in the platform remains to be seen.
#加密货币 #Deribit #Reserve Proof
Deribit, a cryptocurrency derivatives exchange, announced plans to stop publishing public daily Proof of Reserves on September 1, 2026, and to take down its public Proof of Reserves page.
According to official disclosures, approximately 90% of clients’ assets have already been migrated to Coinbase for custody. This move means Deribit will no longer publicly disclose its reserve proof data, and discussions in the market about exchange transparency may heat up again.
As an important tool for strengthening user trust after black swan events, reserves proof suddenly stopping its public release is bound to draw attention from the community. For users, transferring asset custody rights to major compliant institutions may, on the one hand, improve asset security, but on the other hand, it also means the exchange’s own transparency declines to some extent.
$BTC $ETH $SOL
#Deribit #储备证明 #Crypto exchange
According to official disclosures, approximately 90% of clients’ assets have already been migrated to Coinbase for custody. This move means Deribit will no longer publicly disclose its reserve proof data, and discussions in the market about exchange transparency may heat up again.
As an important tool for strengthening user trust after black swan events, reserves proof suddenly stopping its public release is bound to draw attention from the community. For users, transferring asset custody rights to major compliant institutions may, on the one hand, improve asset security, but on the other hand, it also means the exchange’s own transparency declines to some extent.
$BTC $ETH $SOL
#Deribit #储备证明 #Crypto exchange
Deribit, a crypto derivatives trading platform, has just announced plans to stop publishing daily public proof of reserves starting September 1, 2026.
According to the official announcement, around 90% of Deribit’s customers’ assets have already been migrated to Coinbase for custody. This means that going forward, users will no longer be able to check the platform’s reserves on a daily basis via the public page.
As one of the oldest derivatives exchanges in the crypto industry, Deribit has previously maintained daily updates of proof of reserves to demonstrate that the platform’s asset reserves are sufficient to meet users’ withdrawal needs—an approach that became a standard move for many centralized exchanges after the collapse of FTX.
The sudden announcement to take down the public proof-of-reserves page is bound to spark community discussions about platform transparency. At a time when the industry remains especially sensitive to trust in centralized exchanges, it remains to be seen how such a change will affect the market’s confidence in Deribit.
#加密交易所 #储备证明 #Deribit
According to the official announcement, around 90% of Deribit’s customers’ assets have already been migrated to Coinbase for custody. This means that going forward, users will no longer be able to check the platform’s reserves on a daily basis via the public page.
As one of the oldest derivatives exchanges in the crypto industry, Deribit has previously maintained daily updates of proof of reserves to demonstrate that the platform’s asset reserves are sufficient to meet users’ withdrawal needs—an approach that became a standard move for many centralized exchanges after the collapse of FTX.
The sudden announcement to take down the public proof-of-reserves page is bound to spark community discussions about platform transparency. At a time when the industry remains especially sensitive to trust in centralized exchanges, it remains to be seen how such a change will affect the market’s confidence in Deribit.
#加密交易所 #储备证明 #Deribit
See translation
🚨 Deribit shifted ~90% of client assets to Coinbase and dropped its daily proof-of-reserves check, replacing it with less transparent VARA reports. This reduces real-time visibility into client fund safety, raising custody concerns for traders. Market implication: increased counterparty risk perception could pressure COINBUSDT sentiment, especially if smart money rotates to exchanges with stronger, frequent PoR transparency. How will this affect trust in Deribit’s long-term viability?
#Deribit
$COINB #TradingSignal #CryptoAnalysis
#Deribit
$COINB #TradingSignal #CryptoAnalysis
Deribit Secures a Dubai VARA Brokerage Trading License—A Step Worth Watching.
As Coinbase’s crypto options platform, Deribit’s most direct change after obtaining this license is that spot orders will be routed to the Coinbase exchange. The logic is straightforward: by leveraging Coinbase’s deep liquidity, Deribit customers can access better execution prices and a wider range of assets.
From a regulatory perspective, Dubai’s VARA has been actively building a compliance framework for virtual assets in recent years. Earning a brokerage trading license further strengthens Deribit’s compliant standing in the Middle East. For institutional clients, operating under a license is often more appealing than running “bare” (unregulated/without proper authorization), especially as concerns around capital safety and compliance reviews become increasingly stringent.
For traders, the most tangible upside is liquidity. With an options platform combined with spot routing, it can theoretically reduce the cost of cross-platform arbitrage and improve the overall trading experience.
#Deribit #Coinbase #DubaiVARA
As Coinbase’s crypto options platform, Deribit’s most direct change after obtaining this license is that spot orders will be routed to the Coinbase exchange. The logic is straightforward: by leveraging Coinbase’s deep liquidity, Deribit customers can access better execution prices and a wider range of assets.
From a regulatory perspective, Dubai’s VARA has been actively building a compliance framework for virtual assets in recent years. Earning a brokerage trading license further strengthens Deribit’s compliant standing in the Middle East. For institutional clients, operating under a license is often more appealing than running “bare” (unregulated/without proper authorization), especially as concerns around capital safety and compliance reviews become increasingly stringent.
For traders, the most tangible upside is liquidity. With an options platform combined with spot routing, it can theoretically reduce the cost of cross-platform arbitrage and improve the overall trading experience.
#Deribit #Coinbase #DubaiVARA
Deribit has obtained the broker-trader license issued by Dubai’s VARA, further expanding its spot trading footprint.
With this license, Deribit can provide a more complete range of spot services within a compliant regulatory framework. Coinbase, in turn, will act as a key liquidity provider, offering its customers deeper order books and more new asset choices.
From an industry perspective, there are several signals worth paying attention to:
1. Middle East crypto regulation is accelerating. Through a clearly defined licensing regime, Dubai’s VARA is attracting major global trading platforms to set up operations. Regional compliance advantages are being converted into tangible liquidity.
2. Options platforms extending into spot. Deribit has long been known for options. With spot capabilities added, users can execute more strategies within a single account, significantly increasing its appeal to professional traders.
3. The amplified synergy between Coinbase and Deribit. As Deribit’s parent company, Coinbase’s spot depth can provide an end-to-end experience for options platform users. Cross-product collaboration will be the key to the next phase of competition.
As regulatory frameworks become clearer, the moat of compliant, licensed exchanges will grow deeper. This is good news for long-term players, but it puts more pressure on smaller platforms that have been operating in gray areas.
Do you think the options leader will move into spot, or that the spot giant will move into options? Feel free to share your views.
#Deribit #Coinbase #Dubai VARA
With this license, Deribit can provide a more complete range of spot services within a compliant regulatory framework. Coinbase, in turn, will act as a key liquidity provider, offering its customers deeper order books and more new asset choices.
From an industry perspective, there are several signals worth paying attention to:
1. Middle East crypto regulation is accelerating. Through a clearly defined licensing regime, Dubai’s VARA is attracting major global trading platforms to set up operations. Regional compliance advantages are being converted into tangible liquidity.
2. Options platforms extending into spot. Deribit has long been known for options. With spot capabilities added, users can execute more strategies within a single account, significantly increasing its appeal to professional traders.
3. The amplified synergy between Coinbase and Deribit. As Deribit’s parent company, Coinbase’s spot depth can provide an end-to-end experience for options platform users. Cross-product collaboration will be the key to the next phase of competition.
As regulatory frameworks become clearer, the moat of compliant, licensed exchanges will grow deeper. This is good news for long-term players, but it puts more pressure on smaller platforms that have been operating in gray areas.
Do you think the options leader will move into spot, or that the spot giant will move into options? Feel free to share your views.
#Deribit #Coinbase #Dubai VARA
Deribit secures a VARA broker-dealer license in Dubai, meaning the options platform now owned by Coinbase is expanding its footprint from derivatives into spot trading.
In short, three things:
1. License value: VARA’s Broker-Dealer Licence is a scarce resource in the Middle East. Licensed firms can directly match spot orders and provide custody-related services—going further than simply registering on VARA.
2. Business synergy: Deribit’s spot orders will be routed to the Coinbase exchange, where Coinbase provides liquidity. This means that in the future, Deribit users will be able to trade hundreds of spot assets listed on Coinbase directly within their options accounts, with cross-account settlement.
3. Strategic intent: The UAE is becoming a global hub for crypto compliance, with leading platforms flocking to obtain licenses. Deribit’s decision to stack spot trading on top of its options advantage is essentially leveraging a single license to tap into the Middle East’s full spectrum of institutional demand. For major assets such as $BTC , $ETH , and others, this is a long-term positive for derivatives depth.
The compliance narrative remains the core theme of this cycle. #Deribit #VARA #Coinbase
In short, three things:
1. License value: VARA’s Broker-Dealer Licence is a scarce resource in the Middle East. Licensed firms can directly match spot orders and provide custody-related services—going further than simply registering on VARA.
2. Business synergy: Deribit’s spot orders will be routed to the Coinbase exchange, where Coinbase provides liquidity. This means that in the future, Deribit users will be able to trade hundreds of spot assets listed on Coinbase directly within their options accounts, with cross-account settlement.
3. Strategic intent: The UAE is becoming a global hub for crypto compliance, with leading platforms flocking to obtain licenses. Deribit’s decision to stack spot trading on top of its options advantage is essentially leveraging a single license to tap into the Middle East’s full spectrum of institutional demand. For major assets such as $BTC , $ETH , and others, this is a long-term positive for derivatives depth.
The compliance narrative remains the core theme of this cycle. #Deribit #VARA #Coinbase
Deribit Secures VARA Brokerage Trading License in Dubai; Spot Orders Routed to Coinbase Crypto Options Platform Deribit has announced that it has been granted a brokerage trading license by the Dubai Virtual Assets Regulatory Authority (VARA), marking another important milestone in its global compliance roadmap. With this license, Deribit can officially enhance its spot trading services and route order flow to the Coinbase exchange. This means Deribit’s customers will directly benefit from Coinbase’s deep liquidity pools, gaining access to more trading pairs and hundreds of new assets. Notably, this is a landmark step toward the operational integration of the two businesses following Coinbase’s acquisition of Deribit. Deribit focuses on the options and derivatives segment, while Coinbase has strong spot liquidity and a global user base; the synergy between the two is now accelerating. For the industry, the release of the Dubai VARA license sends a clear signal: the Middle East is becoming a hotspot where both traditional and crypto financial institutions are racing to expand, and the compliance process continues to deepen. It remains to be seen whether Deribit can attract more institutional clients with its new license, and whether Coinbase can further increase its share in the derivatives market—both are worth ongoing monitoring.#Deribit #Coinbase #VARA
$10.5 billion in options expiration is looming, yet Bitcoin's volatility is as quiet as a mouse.
On June 26, Deribit’s quarterly options are expiring, involving over $10 billion in open contracts. But the implied volatility is only 42%. Deribit’s CCO mentioned that while this is historically low, it’s not exactly a fire sale.
To make matters worse, 78% of the call options are out of the money, and BTC has already dropped 12% this month, now stuck between $60,700 and $65,000. Polymarket has pegged the probability of being below $56K at 99.75%… it’s clear how bearish the market is.
However, low implied volatility doesn’t necessarily mean actual volatility is low. The dealer hedging on expiration dates tends to amplify price swings in the short term. Instead of guessing the direction, it’s smarter to keep an eye on liquidity changes near key strike prices. #BTC #Bitcoin
#BTC #Bitcoin #Deribit
On June 26, Deribit’s quarterly options are expiring, involving over $10 billion in open contracts. But the implied volatility is only 42%. Deribit’s CCO mentioned that while this is historically low, it’s not exactly a fire sale.
To make matters worse, 78% of the call options are out of the money, and BTC has already dropped 12% this month, now stuck between $60,700 and $65,000. Polymarket has pegged the probability of being below $56K at 99.75%… it’s clear how bearish the market is.
However, low implied volatility doesn’t necessarily mean actual volatility is low. The dealer hedging on expiration dates tends to amplify price swings in the short term. Instead of guessing the direction, it’s smarter to keep an eye on liquidity changes near key strike prices. #BTC #Bitcoin
#BTC #Bitcoin #Deribit
Deribit (#Deribit ): On June 26th, the expiry (#expiration ) of options contracts (#options ) on Bitcoin$BTC and Ethereum$ETH will hit a total value of $11.2 billion.
This event usually amps up market volatility before and after the expiry, as big traders and market makers adjust their positions and hedge against risks.
This event usually amps up market volatility before and after the expiry, as big traders and market makers adjust their positions and hedge against risks.
See translation
$BTC Bitcoin Options Expiry Sparks $75K Price Risk Ahead of May 29 Settlement
A massive wave of Bitcoin options is set to expire on Deribit on May 29, with nearly 80,535 contracts worth around $6.25 billion heading toward settlement. Traders are closely watching the market as key strike prices reveal growing tension between bullish momentum and downside risk.
Data shows the largest concentration of put options sits at the $75,000 strike, carrying a notional value of approximately $394 million. On the bullish side, the $80,000 call strike dominates with nearly $532 million in open interest, signaling that many traders still expect Bitcoin to push higher.
The current put/call ratio stands at 0.86, reflecting a slightly bullish market sentiment overall. However, analysts warn that the “max pain” level — the price point where the largest number of options expire worthless — is currently around $75,000, roughly $2,000 below Bitcoin’s current trading price.
This setup increases the possibility of price pressure pulling Bitcoin toward the $75K zone as expiry approaches. With billions of dollars on the line, volatility could rise sharply in the coming days as traders reposition ahead of settlement.
#Bitcoin❗ #CryptoMarkets #BTCOptions #Deribit #BitcoinTrading
A massive wave of Bitcoin options is set to expire on Deribit on May 29, with nearly 80,535 contracts worth around $6.25 billion heading toward settlement. Traders are closely watching the market as key strike prices reveal growing tension between bullish momentum and downside risk.
Data shows the largest concentration of put options sits at the $75,000 strike, carrying a notional value of approximately $394 million. On the bullish side, the $80,000 call strike dominates with nearly $532 million in open interest, signaling that many traders still expect Bitcoin to push higher.
The current put/call ratio stands at 0.86, reflecting a slightly bullish market sentiment overall. However, analysts warn that the “max pain” level — the price point where the largest number of options expire worthless — is currently around $75,000, roughly $2,000 below Bitcoin’s current trading price.
This setup increases the possibility of price pressure pulling Bitcoin toward the $75K zone as expiry approaches. With billions of dollars on the line, volatility could rise sharply in the coming days as traders reposition ahead of settlement.
#Bitcoin❗ #CryptoMarkets #BTCOptions #Deribit #BitcoinTrading
🚨 MARKET ALERT: $10.6 BILLION IN BTC OPTIONS EXPIRE ON JUNE 26
And the "max pain" doesn’t align with where the price is right now. 👀
📊 DERIBIT NUMBERS:
* Total expiration: $10.6B in $BTC options
* Only $2B of that total is currently "in the money" CoinDesk
* The rest — about $8.6B, or 80% — is out of the money and on track to expire worthless CoinDesk
🎯 Max pain is at $74,000📍 BTC is currently trading near $65,000
A 14% gap between reality and where it "hurts the most" for options buyers. 📉
🌐 WHAT DOES THIS MEAN?
The max pain theory suggests that as expiration approaches, the price tends to gravitate towards that level, as market makers adjust positions. CoinDesk
If the theory holds, Bitcoin could see a strong bounce towards $74,000 in the upcoming days 🚀 CoinDesk
⚠️ But be careful — the reliability of this effect in crypto is widely debated. CoinDesk
💡 WHAT TO WATCH FOR:
✅ Key support and resistance levels around the main strikes
✅ Elevated volatility in the next 48-72 hours
✅ Sharp moves from market makers adjusting their hedges
Do you think BTC will rise towards max pain, or will the real market dictate this time? 👇
#bitcoin #BTC #Deribit #opciones
And the "max pain" doesn’t align with where the price is right now. 👀
📊 DERIBIT NUMBERS:
* Total expiration: $10.6B in $BTC options
* Only $2B of that total is currently "in the money" CoinDesk
* The rest — about $8.6B, or 80% — is out of the money and on track to expire worthless CoinDesk
🎯 Max pain is at $74,000📍 BTC is currently trading near $65,000
A 14% gap between reality and where it "hurts the most" for options buyers. 📉
🌐 WHAT DOES THIS MEAN?
The max pain theory suggests that as expiration approaches, the price tends to gravitate towards that level, as market makers adjust positions. CoinDesk
If the theory holds, Bitcoin could see a strong bounce towards $74,000 in the upcoming days 🚀 CoinDesk
⚠️ But be careful — the reliability of this effect in crypto is widely debated. CoinDesk
💡 WHAT TO WATCH FOR:
✅ Key support and resistance levels around the main strikes
✅ Elevated volatility in the next 48-72 hours
✅ Sharp moves from market makers adjusting their hedges
Do you think BTC will rise towards max pain, or will the real market dictate this time? 👇
#bitcoin #BTC #Deribit #opciones
Day by day, a single step at a time: Coinbase’s Deribit is still usable
The liquidity for BTC and ETH options is indeed good. If you already planned to pick up a position, then selling puts to collect the premium is quite comfortable.
But always remember: option products like these involving two currencies are not meant to make that little bit of premium. In the end, you might get stuck with a pile of positions you don’t want. It has only one purpose—to be a tool for catching a dip. The prerequisite is that the price is something you’re willing to buy in the first place.
Many people make premium income ten times with options, and on the eleventh time, they get assigned and end up taking assets they don’t want—losing everything they gained from the prior ten times. The tool is neutral; what matters is whether you use it for defense or for gambling.
#Deribit #期权 #BTC
The liquidity for BTC and ETH options is indeed good. If you already planned to pick up a position, then selling puts to collect the premium is quite comfortable.
But always remember: option products like these involving two currencies are not meant to make that little bit of premium. In the end, you might get stuck with a pile of positions you don’t want. It has only one purpose—to be a tool for catching a dip. The prerequisite is that the price is something you’re willing to buy in the first place.
Many people make premium income ten times with options, and on the eleventh time, they get assigned and end up taking assets they don’t want—losing everything they gained from the prior ten times. The tool is neutral; what matters is whether you use it for defense or for gambling.
#Deribit #期权 #BTC
BTC options positions expiring the day after tomorrow: 81,111 contracts, with an approximate notional value of $6.4 billion.
Calls 44,000, puts 37,000. The position hasn’t changed much today.
Implied volatility has fallen from 43 to 41.
The market thinks there won’t be anything big happening this week, so more insurance is being sold than bought.
#BTC期权 #Deribit #波动率 https://t.co/yNkclHQwc2
Calls 44,000, puts 37,000. The position hasn’t changed much today.
Implied volatility has fallen from 43 to 41.
The market thinks there won’t be anything big happening this week, so more insurance is being sold than bought.
#BTC期权 #Deribit #波动率 https://t.co/yNkclHQwc2
Log in to explore more content