Deribit

Coinbase has integrated with Deribit to provide eligible US institutional investors access to global crypto options and perpetual futures markets.

The U.S. Commodity Futures Trading Commission (CFTC) approved the first Bitcoin perpetual futures contract on a U.S. exchange (KalshiEX’s BTCPERP) and granted Coinbase access to global crypto derivatives markets. This marks a significant regulatory shift, enabling U.S. traders to participate in previously offshore-dominated perpetual futures and options markets through a CFTC-regulated framework.

Bitcoin price has broken above $81,000 for the first time since January, driven by institutional money and a shift in Middle East tensions. The move came after a flood of investments into ETFs and a derivatives market that had been preparing for a run past $80,000. Bitcoin is currently trading at $81,035, up 6.2% on the week.

An expert criticizes Deribit's D-Vol as a flawed metric for Bitcoin's implied volatility, highlighting the need for better methods that account for offshore exchanges and BlackRock's IBIT options. The analysis suggests these factors could drive Bitcoin toward a new all-time high.

SetTheTick analyzes ETH/USDC ranges on Base using implied and realized volatility to optimize liquidity provider (LP) performance. It generates range candidates based on volatility metrics and backtests them against historical fee data, prioritizing in-range time and APY. The tool currently recommends a $1,932.52–$2,758.39 range for ETH/USDC with 32.27% annualized APY over 30 days.

BlackRock's Bitcoin ETF options market has surpassed Deribit in open interest, marking a significant shift in the crypto derivatives landscape. Deribit, the dominant global crypto derivatives platform since 2016, now faces competition from BlackRock's IBIT options, which launched less than two years ago.

A cryptocurrency trader describes their morning routine, which includes checking perp funding rates on Coinglass, Bitcoin options skew on Deribit, large wallet movements on lookonchain, sentiment signals, and Twitter. They question how much of their routine is genuinely useful versus just habitual.

A researcher broke a 15-bit elliptic curve key using a public quantum computer, achieving a 512x improvement over previous records and winning Project Eleven’s 1 BTC Q-Day Prize. The breakthrough highlights Bitcoin’s vulnerability to quantum threats, with potential risks to 6.9 million BTC, while institutional crypto adoption via regulated derivatives accelerates.

A security researcher reported critical vulnerabilities to Deribit through its bug bounty program, but the exchange silently patched the issues and ignored the researcher for 70+ days, refusing to communicate or pay. Deribit's 'unmanaged' HackerOne program status prevents forced resolution, raising concerns about transparency and trust in its security practices.

An independent security researcher reported critical vulnerabilities to Deribit via its bug bounty program, but the exchange silently patched the flaws and ignored the researcher for over 70 days without communication or payment. The researcher raised concerns about Deribit's lack of transparency and trustworthiness, as the exchange is listed as an 'unmanaged' program on HackerOne, preventing forced resolution.

A trader reflects on six years of perpetual futures trading, starting with $2k in 2019. Experiences include significant gains and losses, the 2022 FTX collapse, and a shift toward secure exchanges. By 2025, their account grew to $61k with mixed feelings about advising others to trade.