# Deribit

> Trade Crypto Derivatives

Deribit is a centralized cryptocurrency derivatives exchange offering options and futures for Bitcoin and Ethereum.

Deribit helps institutional and retail traders access cryptocurrency derivatives markets through a specialized platform focused on Bitcoin and Ethereum options and futures. Users can trade European-style options, perpetual contracts, and dated futures with advanced risk management tools. Deribit was acquired by Coinbase in May 2025.

- Type: Company
- Sector: Finance
- Status: Acquired
- Founded: 2016-06-01
- Profile: https://thegrid.id/profiles/deribit

## Products

- [Deribit Exchange](https://thegrid.id/profiles/deribit): Deribit Exchange is a centralized exchange for cryptocurrency derivatives and spot trading, used by retail and institutional traders. It lists inverse and USDC-settled options, futures, and perpetual contracts on major cryptocurrencies, alongside spot markets and volatility index futures. Traders can execute large orders through a block trading and request-for-quote interface, build multi-leg combination trades, and use an integrated position simulator and options selection tool. The platform is operated under a Dubai virtual asset service provider license and restricts access from a defined set of jurisdictions. (Centralised Exchange, Live, Main Product)
- [Deribit API](https://thegrid.id/profiles/deribit): Deribit API is a developer tooling product providing programmatic access to the Deribit derivatives exchange. It exposes JSON-RPC interfaces over WebSocket and HTTP plus a FIX protocol endpoint, giving developers real-time market data, order placement, and account management. Institutional and market-making clients can access a separate high-performance matching engine interface with binary order entry and multicast market data for colocated or low-latency connections. (Developer Tooling, Live)
- [Deribit Testnet](https://thegrid.id/profiles/deribit): Deribit Testnet is a trading platform that mirrors the Deribit Exchange for practice and software testing. It runs on a separate production-independent environment at its own address, requiring its own account registration and using valueless test tokens instead of real funds. Traders use it to learn the exchange interface without risk, and developers use it to validate API integrations before connecting to production. (Developer Tooling, Live)

## Links

- [Main](https://deribit.com)
- [Documentation](https://docs.deribit.com)
- [Blog](https://insights.deribit.com)
- [Privacy policy](https://support.deribit.com/hc/en-us/articles/25944470689309-Privacy-Notice)
- [Terms of Service](https://support.deribit.com/hc/en-us/sections/25944530944285-Terms-Of-Service-Overview)
- [Telegram](https://t.me/deribit)
- [LinkedIn](https://www.linkedin.com/company/deribit)
- [Twitter / X](https://x.com/DeribitOfficial)
- [YouTube](https://www.youtube.com/channel/UCbHKjlFogkOD0lUVeb5CsGA)

## Relationships

- [Coinbase](https://thegrid.id/profiles/Coinbase): Parent organization

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP