Deribit Stock Perpetuals — Live August 31, 2026
Deribit's stock perpetuals went live today, August 31, 2026 — real-world-asset (RWA) perpetual contracts tied to individual stocks and ETFs, available 24/7 and settled entirely in USDC. This is the crypto options leader, now Coinbase-owned, crossing into equities for the first time. Structurally, this is the most significant derivatives product launch since spot Bitcoin ETFs.
9
Tickers Live
$1T+
2025 Notional
$60B
Open Interest
50x
Max Leverage
What Is Actually Launching
Deribit is rolling out linear perpetual contracts on equities in what the exchange categorizes as its real-world-asset (RWA) perps product line. Confirmed launch tickers include large-cap US stocks alongside crypto-adjacent equities, plus pre-IPO and ETF exposure.
NVDA
Nvidia
AI chips
MSFT
Microsoft
Cloud & AI
META
Meta
Social & ads
TSLA
Tesla
EV & energy
AAPL
Apple
Consumer tech
GOOGL
Alphabet
Search & cloud
AMZN
Amazon
E-commerce
MSTR
MicroStrategy
BTC treasury
HOOD
Robinhood
Retail brokerage
How the Contracts Work
Every contract is quoted, margined, and settled in USDC — no fiat custody, no brokerage account required. Trading runs 24/7, which is the key structural difference from a conventional equity product: you can hedge or speculate on TSLA at 2 a.m. on a Sunday.
USDC Settled
No fiat custody and no brokerage account. One settlement currency across the whole RWA perps book.
24/7 Trading
Hedge or speculate on any ticker at any hour — the structural edge over traditional equity derivatives.
Off-Hours Rules
Wider spreads and tighter position limits when the underlying market is closed. Overnight dynamics feel different.
Eligible jurisdictions and maximum leverage for each contract have not been fully disclosed at the time of writing. I will update our Deribit review once those specifics are confirmed in official documentation.
The Coinbase–Starbase Integration: What Follows on September 9
The stock perps launch is the opening act. The larger structural change comes nine days later: on September 9, 2026, Coinbase migrates its entire International Exchange (INTX) derivatives book onto a Deribit-powered gateway running Starbase, the exchange's new high-performance matching engine.
125+ perpetual contracts
Across crypto, stocks, commodities, and ETFs.
Up to 50x leverage
On supported instruments across the combined venue.
Unified liquidity
Coinbase INTX positions and Deribit positions in the same order book.
Options in the Coinbase app
For eligible users in select jurisdictions.
Coinbase's stock jumped 11% on August 20 when the derivatives expansion timeline became public — a signal of how much institutional capital is reading this consolidation as a competitive advantage.
Why This Matters for Derivatives Traders
Deribit already dominates crypto options — the exchange controls over 90% of global crypto options volume and carried more than $1 trillion in notional traded last year, with roughly $60 billion in open interest on the platform today. Adding equity perps extends that infrastructure to a much larger addressable market.
The workflow win
For a trader who already runs leveraged crypto positions on Deribit, the ability to hedge equity exposure in the same account — in the same settlement currency — is a meaningful improvement. One margin pool, one interface, one risk model.
The practical risk
Liquidity in the new RWA perps will be thin at launch. Early spreads on the equity contracts are likely materially wider than BTC or ETH perpetuals, and off-hours price discovery depends on arbitrageurs. Expect it to improve over weeks, not days.
Bybit Is Racing to the Same Market
Deribit is not moving alone. Bybit announced this week that it is launching options on equity perpetuals — including SpaceX (SPCX) and NVIDIA — in September, with 24/7 availability. That's a structurally different product (options on perps rather than perps directly), but it signals the same directional bet: major crypto derivatives venues believe demand for equity exposure on crypto rails is large enough to build around.
Ron's read: competing launches from Deribit and Bybit within the same month typically means faster improvement in liquidity and tighter spreads as the two platforms compete for flow. At the time of writing, BTC is at $77,531 (down 0.69%, session high $79,408), and ETH is at $2,411 (down 1.75%, high $2,534), based on live Crypto.com data.
Key Takeaways
Deribit launches stock and ETF perpetual contracts today, August 31 — including NVDA, MSFT, META, TSLA, AAPL, GOOGL, AMZN, MSTR, and HOOD.
All contracts are quoted, margined, and settled in USDC; trading runs 24/7 with wider spreads and tighter limits outside equity market hours.
Coinbase's International Exchange migrates fully to Deribit's Starbase engine on September 9 — all open INTX orders will be cancelled and must be re-entered.
The combined platform will offer 125+ perpetual contracts, up to 50x leverage, and Coinbase app options trading for eligible users.
Bybit is launching equity perpetual options in September, signalling that the RWA perps race among top derivatives venues is accelerating.
Expect thin liquidity and wide spreads on new equity contracts at launch; monitor bid-ask differentials closely before sizing into positions.
Verdict
Deribit's move into equity perpetuals is the most structurally significant product launch in the crypto derivatives space since spot Bitcoin ETFs became available on US exchanges. The Coinbase-Deribit consolidation is building what could become the largest unified derivatives venue in the world by both breadth (asset classes) and depth (institutional liquidity).
What to watch next: the September 9 migration is the moment that matters more — that is when the full infrastructure goes live and real liquidity consolidates. Watch how the new equity contracts behave in the next two weeks; if spreads tighten quickly, that is a signal serious market makers have committed. If they stay wide, wait before adding meaningful size.
Frequently Asked Questions
Common questions about Deribit's stock perpetuals and the Coinbase–Starbase integration.
Risk Disclaimer: This article is for informational purposes only and does not constitute financial advice. Crypto and leveraged-equity trading involve substantial risk of loss. Product details, custody arrangements, and market figures discussed are as of August 31, 2026 and subject to change.