Exchanges· ★★★· bullish·

Deribit rolls out new matching engine, cutting latency to microseconds

  • Median latency fell from 4.5 ms to 78 microseconds, a roughly 58x improvement
  • p99 latency dropped from 92.5 ms to 226 microseconds, about 409x faster
  • The engine processed 1.02 billion events on 24–25 August
  • The busiest second on 25 August saw 23,836 requests, with the backlog cleared in 2 ms
Why it matters: Consistently low latency reduces the risk of trading on stale quotes and could deepen liquidity in Deribit's derivatives markets.
Source: Deribit Insights