Deribit exchange
Overview
Deribit, a cryptocurrency derivatives exchange established in 2016 and subsequently based in Dubai, emerged as the leading platform for Bitcoin and Ether options, alongside futures and perpetual contracts. In May 2025, Coinbase entered into an agreement to purchase Deribit for roughly $2.9 billion in cash and equity, marking the largest acquisition in the crypto sector at that point. The transaction was completed in August 2025. Deribit currently functions within Coinbase’s global derivatives division.
Within The Counterparty graph, Deribit connects to 8 tracked entities, most strongly to Coinbase, Coinbase, Coinbase.
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 8 of 8 total).
| Relation | Connected entity | Confidence |
|---|---|---|
acquired | Coinbase | 95% |
agreed-to-acquire | Coinbase | 95% |
announced-acquisition-of | Coinbase | 95% |
regulated_by | Virtual Assets Regulatory Authority (Dubai) | 95% |
acquired_by | Coinbase Global Inc. | 95% |
regulated_by | Virtual Assets Regulatory Authority | 95% |
holds_license | Deribit FZE VARA VASP Licence | 95% |
headquartered_in | United Arab Emirates | 85% |
Frequently asked questions
What is Deribit?
Deribit is a derivatives_exchange tracked in The Counterparty knowledge graph. It is connected to 8 other tracked entities, most strongly to Coinbase, Coinbase, Coinbase.
What type of entity is Deribit?
Deribit is classified as a derivatives_exchange (exchange) in The Counterparty knowledge graph.
What is Deribit connected to?
In The Counterparty knowledge graph, Deribit is linked to 8 other tracked entities, most strongly to Coinbase, Coinbase, Coinbase.