Deribit is a cryptocurrency options and derivatives exchange that describes itself as the world's first cryptocurrency options exchange and is now part of Coinbase. Deribit's Twitter Score is 182 out of 1000 (an Excellent rating) as of July 2026, ranking #3,152 (top 1%) among 389,587 tracked accounts.
Deribit launched in June 2016 after more than two years of development, beginning as a dedicated BTC trading platform. In May 2025, Coinbase agreed to acquire Deribit for roughly $2.9 billion, consisting of $700 million in cash and 11 million shares of Coinbase Class A common stock, per the Wall Street Journal, which described Deribit as the world's biggest trading platform for bitcoin and ether options. The Financial Times also reported that Deribit handled trading volumes of more than $1 trillion in the year prior to the acquisition announcement.
Deribit's current product offering includes inverse options for BTC and ETH, inverse futures and perpetual contracts for BTC and ETH, USDC-settled options, perpetuals and futures for several altcoins, spot markets, and DVOL futures. Deribit's website states it holds approximately 85% market share in BTC and ETH options and reported $1,875 billion in traded volume in 2025. Deribit states that it is not available in the U.S. or other restricted countries and publishes a restricted jurisdictions list. According to the Wall Street Journal, as of May 2026, the CFTC approved Coinbase U.S. customers to access crypto perpetual futures listed on Deribit through an affiliate. Deribit was previously backed by Three Arrows Capital.
Deribit has accumulated 70,897 followers as of July 2026 on X since 2015 and has published 9,885 posts. Deribit has been mentioned by 166 accounts, with 394 total mentions. Deribit's portfolio includes Yield Alliance - LVVA Ecosystem, Horizen Labs, Thetanuts Finance, COLIZEUM, Greeks.live, Ethena, Arbelos Markets and StablR.
Who follows Deribit on X?
The accounts that follow Deribit include 522 founders, 123 angel investors, 378 influencers and 50 VCs. Among them are Laura Shin, Toly, Coinbase, CoinDesk, Chris Burniske and SBF.