EconomyDeribit already holds 96.6% of Coinbase’s derivatives open interest before Sept. 9 migration
A Sept. 1 snapshot of Coinbase’s derivatives dashboard showed Deribit holding $39.26 billion of the $40.65 billion in displayed open interest, or 96.6%. Coinbase’s institutional International Exchange accounts, positions and balances are scheduled to move to Deribit on Sept. 9, with an expected 30-minute outage; the date remains subject to client readiness and regulatory approval.
Deribit already holds 96.6% of Coinbase’s derivatives open interest before Sept. 9 migration
Economy