Deribit
Founded 2014 · Netherlands
24H Volume
$143.5T
30D Volume
$28561.9T
Trading Pairs
7,498
Listed Coins
-
Execution Quality
BTC/USDT · SpotKey Metrics
Spread (5K)
9.28 bps
Spread (100K)
76.28 bps
Slippage (5K)
4.64 bps
Slippage (100K)
38.14 bps
Grade Breakdown
| Retail | Institutional | |
|---|---|---|
| Spread | C | C- |
| Slippage | C | C- |
| Consistency | C- | C- |
| Bid/Ask Balance | B+ | A+ |
| Fragmentation | C- | A- |
Key Competitors
BTC/USDT · Spot| # | Exchange | Spread @100K | Slippage @100K | Grade | |
|---|---|---|---|---|---|
| 1 | Deribit (You) | 76.28 bps | 38.14 bps | C- | |
| 2 | 0.25 bps | 0.12 bps | A | View | |
| 3 | 0.02 bps | 0.01 bps | A | View | |
| 4 | 0.61 bps | 0.31 bps | A- | View | |
| 5 | 0.29 bps | 0.15 bps | A- | View | |
| 6 | 1.10 bps | 0.55 bps | B+ | View |
About Deribit
Deribit is a specialized cryptocurrency derivatives exchange offering options, perpetual swaps, futures, and spot trading on major crypto assets such as Bitcoin, Ethereum, and Solana. Operating with a professional-grade trading interface, robust API, and extensive educational and research content via Deribit Insights, it caters to both institutional and sophisticated retail traders. The platform emphasizes risk management, transparent fee structures, and a deep options market, and is not available to users in certain restricted jurisdictions, including the United States.
Strengths
- Dominant options liquidity (80%+ market share)
- Institutional-grade infrastructure
- Low latency execution
- Maker rebates available
- Advanced options strategies supported
Considerations
- No spot trading
- Crypto-only deposits (no fiat)
- Not available to US residents
- Complex for beginners
- Limited to BTC and ETH products