Coinbase Plans to Relaunch Coinbase Pro by Year-End After Deribit Integration

Coinbase plans to relaunch Coinbase Pro by the end of 2026 after completing its Deribit integration and creating a new entity called Coinbase Global Exchange.

The rebuilt platform will support spot, futures, perpetuals, options and equities trading. It will also add spot-margin trading, with leverage of up to 10 times on selected major assets and up to five times on other supported assets.

Coinbase Financial Markets will give eligible U.S. clients access to liquidity for crypto derivatives traded internationally. Institutional customers in the United States can begin onboarding through Coinbase Prime, with options trading targeted for the coming weeks.

Eligible traders outside the U.S. are also expected to gain access to options during that period. Retail customers in the United States are slated to receive Deribit-options access later in 2026, near the platform’s planned return.

The integration will connect U.S. and international derivatives markets through a single liquidity pool. Institutional customers will be able to trade spot, futures, perpetuals and options on one platform while using custody, financing and staking services in the same place.

Deribit had more than $30 billion in Bitcoin (BTC) options open interest as of Sept. 30 and processed more than $1 trillion in trading volume last year. Coinbase acquired the options exchange for about $2.9 billion in August 2025.

The relaunch follows Coinbase’s shutdown of the original Coinbase Pro in 2022, when advanced trading features moved into its main app. The transition to Coinbase Advanced was completed in November 2023.

The rebuilt platform will include faster order routing, revised execution flows, advanced trading tools, a new matching engine and a shorter onboarding process. Coinbase Advanced has also introduced fee tiers beginning at $10,000 in qualifying volume, with both spot and futures, perpetuals and options trading counting toward the threshold.

The move follows Coinbase’s earlier Deribit integration announcement, which outlined plans for unified access to U.S. and global derivatives markets, expanded options trading and spot-margin capabilities.