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Coinbase Pro Is Coming Back as Deribit Becomes Part of…

By Karthik Subramanian

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AI summary of the source article

Coinbase has announced the return of its Coinbase Pro platform, rebuilt to support crypto spot markets, futures, perpetuals, options, and equities under a single interface. The move follows Coinbase's completed integration of crypto derivatives exchange Deribit, forming the unified Coinbase Global Exchange infrastructure. Deribit brings over $30 billion in Bitcoin options open interest, with international derivatives operations migrated to Deribit by Coinbase. In addition, Coinbase Financial Markets will connect eligible U.S. clients to global derivatives liquidity under recent CFTC guidance. Coinbase is also launching spot margin trading with up to 10x leverage and upgrading Coinbase Advanced with a new matching engine.

Why it matters

The integration and relaunch create a unified global liquidity pool across U.S. and international markets, enabling traders to access multi-asset spot and derivatives under one ecosystem.

Key facts

  • Coinbase is bringing back Coinbase Pro to support spot, futures, perpetual futures, options, and equities.
  • The completed integration of Deribit, acquired for approximately $2.9 billion, creates the Coinbase Global Exchange.
  • Coinbase is introducing spot margin trading with up to 10x leverage on select major assets, alongside updated matching engines and fee tiers on Coinbase Advanced.