Coinbase Pro to Return by Year-End as Deribit Integration Completes
Key Takeaways
- •Coinbase confirmed Coinbase Pro will relaunch by the end of the year, with a waitlist now open and details still limited.
- •The completed Deribit integration will operate as the Coinbase Global Exchange, adding bitcoin options open interest above $30 billion and annual volume exceeding $1 trillion.
- •Options through Coinbase Prime roll out in the coming weeks with onboarding already open, while US retail options are slated for later in the year.
- •Spot margin will offer up to 10x borrowing on select major assets and 5x on others, with US access restricted to eligible contract participants such as institutions.
- •CFTC guidance issued in May 2026 allows Coinbase Financial Markets to act as the first and only US-regulated futures commission merchant connecting American clients to global crypto derivatives.

Coinbase has confirmed that Coinbase Pro will return by the end of the year, saying its integration of derivatives venue Deribit is complete, with options, spot margin, and unified portfolios scheduled to roll out within weeks.
The announcement began with a waitlist link posted on Coinbase's X account at 02:59 UTC on Wednesday, October 7. The post opened with five words: "Coinbase Pro is coming back."
Roughly 70 minutes later, the company published a longer thread, and a blog post titled "Coinbase Is Building the Most Complete Trading Platform" filled in the rest. Coinbase says the completed Deribit integration will operate as the Coinbase Global Exchange.
A Year-End Relaunch for Coinbase Pro
The blog post puts the relaunch at the end of this year. Coinbase Pro is described as a professional platform for spot, futures, perpetuals, options, and equities, rebuilt from the ground up with faster order routing and tools aimed at high-volume traders.
The addition of equities to a crypto trading terminal stands out, arriving in the same week that Ondo Finance launched tokenized pre-IPO notes.
Details on Coinbase Pro remain thin. More information is coming soon, the company says, and the waitlist is currently the only way in.
Deribit Moves Inside the Exchange
Deribit brings considerable scale to the combined platform. Bitcoin options open interest topped $30 billion as of September 30, according to Coinbase, and volume passed $1 trillion last year — the derivatives scale behind the blog post's "most complete trading platform" framing. Deribit's own X account had told users on September 30 that Coinbase International Exchange would consolidate into Deribit the following day.
Bitcoin itself has been stuck between roughly $83,000 and $86,700, based on Live Bitcoin News' latest price outlook, and it traded near $84,000 on Wednesday.
Pro will need this plumbing, and most of it is still ahead. Coinbase Financial Markets will soon connect US and global derivatives into one regulated liquidity pool, according to the post. Options through Coinbase Prime arrive in the coming weeks, and onboarding is open as of Wednesday. Eligible traders outside the United States get options on a similar timetable, while US retail options wait until later this year.
Guidance from the Commodity Futures Trading Commission (CFTC) issued in May 2026 gets the credit for the US side. By Coinbase's account, it lets Coinbase Financial Markets act as the first and only US-regulated futures commission merchant that can connect American clients to global crypto derivatives.
Spot Margin Arrives Too
Spot margin is the piece retail traders will see first. Borrowing runs to 10x on selected major assets and 5x on others, collateral can sit in more than 15 assets, and the loans share one margin portfolio with derivatives. Fee tiers for Coinbase Advanced now start at $10,000 in qualifying volume, counting spot and derivatives together.
In the United States, spot margin is limited to eligible contract participants — a category under the Commodity Exchange Act that generally covers institutions and traders meeting high financial thresholds — per Coinbase's own disclosure. That notice also warns that collateral can be liquidated without notice and that borrowers can more than their deposit.
Two days before the announcements, on Monday, October 5, the CFTC published an advance notice of proposed rulemaking on retail commodity transactions involving crypto assets, including a new exchange registration subcategory built for them. An advance notice is the earliest stage of US rulemaking, an information-gathering step that precedes any formal rule text, meaning the retail framework is still taking shape even as Coinbase's product calendar fills through year-end. Comments are due within 60 days of its Federal Register publication.