Deribit
Founded 2014 · Netherlands
24H Volume
$143.5T
30D Volume
$28561.9T
Trading Pairs
24
Listed Coins
2
Execution Quality
BTC/USDT · SpotKey Metrics
Spread (5K)
69.44 bps
Spread (100K)
304.00 bps
Slippage (5K)
34.72 bps
Slippage (100K)
152.00 bps
Grade Breakdown
| Retail | Institutional | |
|---|---|---|
| Spread | C- | C- |
| Slippage | C- | C- |
| Consistency | C- | C- |
| Bid/Ask Balance | B+ | C+ |
| Fragmentation | C+ | A- |
Key Competitors
BTC/USDT · Spot| # | Exchange | Spread @100K | Slippage @100K | Grade | |
|---|---|---|---|---|---|
| 1 | Deribit (You) | 304.00 bps | 152.00 bps | C- | |
| 2 | 0.03 bps | 0.02 bps | A | View | |
| 3 | 0.21 bps | 0.11 bps | A | View | |
| 4 | 0.50 bps | 0.25 bps | A- | View | |
| 5 | 0.33 bps | 0.17 bps | A- | View | |
| 6 | 0.52 bps | 0.26 bps | B+ | View |
About Deribit
Deribit is a cryptocurrency derivatives exchange focused on options, perpetual swaps, futures, and spot trading for assets such as Bitcoin, Ethereum, Solana and others. Operating since 2016, it offers an institutional-grade trading environment with advanced tools, APIs, and educational resources, and is widely recognized as a leading venue for crypto options liquidity. Through its main platform, support knowledge base, and Insights blog, Deribit provides professional tools, research, and 24/7 multilingual support for both retail and institutional traders.
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