Current outcome
Coinbase's Deribit migration is complete; the former International Exchange is read-only, trading has moved to Deribit, and institutional clients must adapt to new endpoints and a daily settlement cycle.
Progress timeline
2 material updates- #01
- #02
Coinbase completes Deribit switch, ending International Exchange trading
Coinbase completed the migration of Coinbase International Exchange to Deribit on Oct 1, 2026, leaving the former international venue read-only and ending trading there; institutional clients need Deribit endpoints and new API keys, and perpetuals now settle daily at 08:00 UTC.
State after update: Coinbase's Deribit migration is complete; the former International Exchange is read-only, trading has moved to Deribit, and institutional clients must adapt to new endpoints and a daily settlement cycle.
Source evidence: CryptoSlate · theblockbeats