Coinbase and Deribit plan to merge on September 9th, integrating spot and derivative trading systems
Adam stated that Deribit's spot liquidity has been merged into Coinbase, and reserve assets have been entrusted to Coinbase in preparation for the merger on September 9th. Coinbase will integrate spot, global users, institutional systems, and Deribit's options, derivatives liquidity, and trading infrastructure. After the merger, Coinbase will integrate spot, perpetual, options, and futures into the same trading system, with the underlying derivatives using a new generation of matching engines to merge dispersed liquidity.