
Coinbase Completes Migration of International Exchange to Deribit
- —Migration finished October 1 at 10:02 UTC; the old venue now runs read-only
- —Perpetual settlement moves to once daily at 08:00 UTC from a five-minute cycle
- —API keys and IP allowlists do not transfer; open orders were canceled
- —Pre-migration trade history is absent on Deribit; old APIs stay live for about 12 months
Why it matters: Consolidating derivatives liquidity on Deribit reshapes the trading infrastructure for Coinbase's non-US institutional clients.
Source: Crypto Economy