Deribit is a cryptocurrency derivatives exchange that specializes in options and futures trading for digital assets like Bitcoin (BTC) and Ethereum (ETH). Founded in 2016 and headquartered in Panama, Deribit is known for its high-performance trading infrastructure, offering low-latency execution and deep liquidity tailored to institutional and professional traders. The platform allows users to hedge risk or speculate on the future prices of major cryptocurrencies using complex financial instruments such as perpetual swaps and European-style options. Deribit has become one of the leading global venues for crypto derivatives, consistently ranking among the top exchanges by open interest and trading volume in this niche market.