Deribit Introduces USDC-Settled Options for BTC and ETH

Deribit, under Coinbase’s ownership, will launch USDC-settled linear options and futures contracts for Bitcoin and Ethereum on August 19, 2025, enhancing its stablecoin-settled derivatives offerings.

This expansion underscores Deribit’s response to rising institutional and retail demand, potentially increasing accessibility and trading volume in the cryptocurrency derivatives market.

USDC-Settled Options Expand Deribit’s Market Offerings

Deribit, a Dubai-based crypto derivatives exchange owned by Coinbase, is launching USDC-settled linear options and futures for Bitcoin and Ethereum. The introduction of these products aimed to broaden its stablecoin-settled offering in response to market demand, signaling heightened institutional and retail interest.

By settling in USDC, Deribit enhances convenience and reduces currency volatility risk. The move aligns with a broader shift toward stablecoin utilization in derivatives markets, reflecting traders’ needs for more consistent pricing models and capital efficiency.

Community response has largely been positive, focusing on the potential for more sophisticated trading strategies. The official statement from Deribit says, “We’re providing greater flexibility, capital efficiency, and a familiar fiat-equivalent structure that appeals to participants.” This initiative showcases Deribit’s strategic alignment with institutional-grade standards fostered by Coinbase’s acquisition.

Coinbase’s $2.9B Deribit Acquisition Highlights Market Value

Did you know? The use of stablecoins in derivatives markets is rapidly increasing as traders seek to mitigate volatility risks.

Bitcoin (BTC) is trading at $117,407.27 as of the latest update from CoinMarketCap. The asset maintains a market cap of approximately $2.34 trillion and holds a market dominance of 59.08%. Its trading volume over 24 hours stands at around $70.80 billion, with a slight daily price decline of 0.51%.

According to Coincu’s research team, the launch of USDC-settled options is expected to accelerate Deribit’s market reach. It is projected to increase liquidity flow across related instrument markets, potentially influencing USDC’s prominence as a settlement currency.