Deribit

Deribit is a digital asset and trading technology company founded in 2016, focusing on cryptocurrency derivatives trading. It is now part of the Coinbase group and is headquartered in Dubai. The platform offers options, futures, and perpetual contracts for assets such as Bitcoin and Ethereum, supporting both coin-based (inverse) and USDC-denominated linear products. In addition to BTC/ETH, it has also launched USDC-settled options for other varieties like SOL, XRP, and MATIC. Regarding options and risk management, Deribit provides tools such as DVOL (implied volatility index) and its futures, Option Wizard, Position Builder, and Deribit Metrics, as well as a testnet for strategy validation. Aimed at professional and institutional scenarios, the platform supports portfolio margin and various margin models, and offers open interfaces like REST / WebSocket / FIX. It also publishes educational and research content through sections like Deribit Insights.