Coinbase plans to relaunch Coinbase Pro by the end of 2026 after completing its integration with derivatives exchange Deribit, according to a report by CoinCentral. The combined system now operates as Coinbase Global Exchange, connecting spot and derivatives services through a single trading structure and bringing upgraded tools to active and high-volume traders. The company is also consolidating trading and institutional services spanning spot, futures, options, custody, financing and staking.

Global Derivatives Access for U.S. Clients

Coinbase Financial Markets will soon link eligible U.S. clients to global crypto derivatives liquidity. Institutional will be able to trade Deribit options and perpetual futures through Coinbase Prime, building on Coinbase's recent CFTC clearing approval. Eligible traders outside the United States will receive options access in the coming weeks.

According to Coinbase, guidance from the Commodity Futures Trading Commission (CFTC) allows its futures commission merchant to connect U.S. clients with global derivatives markets.

Deribit Deal Expands Product Range

Coinbase acquired Deribit for approximately $2.9 billion in August 2025. At the end of September, Deribit carried more than $30 billion in Bitcoin options open interest and processed more than $1 trillion in trading volume during 2025 — figures that indicate the scale of the derivatives business now being folded into Coinbase's platform.

The integration lands as the CFTC advances new rules for leveraged and margined crypto trading after a related Senate bill failed. Coinbase said Deribit-powered options, spot margin trading and unified portfolios will begin rolling out over the coming weeks for eligible users.

Coinbase Pro Returns for Active Traders

The relaunched Coinbase Pro will feature faster order routing, updated execution systems and tooling aimed at active traders. Coinbase shut down the original platform in 2022, moved advanced trading features into its main app, and completed the transition to Coinbase Advanced in November 2023 — making the relaunch a reversal of that consolidation.

The rebuilt service will sit alongside spot, futures, perpetuals and options. Coinbase also plans to offer spot margin trading, with leverage of up to 10 times on selected major assets and up to five times on other supported assets.

Trading Changes Across Coinbase

The relaunch is part of broader trading changes across the company. Coinbase has introduced a new matching engine and shortened its onboarding process. It has also revised Coinbase Advanced fee tiers, with qualifying volume now starting at $10,000 and counting both spot and derivatives activity.

The expansion comes as U.S. government Bitcoin was recently moved to Coinbase Prime in transactions tied to seized assets. Coinbase Prime also serves institutional clients seeking custody, financing and staking alongside trading services.

Coinbase said U.S. retail traders are expected to gain derivatives access later this year. Institutional onboarding is open, with options trading scheduled to begin in the coming weeks. The rollout will extend access in stages across supported markets, with the Pro relaunch itself due by the end of 2026.

Source: CoinCentral