Deribit to launch 5 crypto perpetual contracts on November 13 after Coinbase integration
Key Facts
Deribit plans to launch 5 new perpetual futures contracts on November 13, covering GRAM, GRASS, QNT, ZRO and PEARL, according to its official announcement. This clarifies which company is offering the products: the announcement places them on Deribit and does not establish that Coinbase announced their listing. The launch follows the integration of Coinbase International Exchange and Deribit, linking the operational infrastructure for perpetual contracts to the Deribit platform. Coinbase said the integration was completed on October 1, 2026. The development therefore combines new products announced by Deribit with broader availability across the Coinbase ecosystem for eligible users.
The five contracts are part of a broader expansion of Deribit products, but the available announcement is limited to the asset names and launch date. On September 16, 2026, Deribit announced more than 90 new USDC-settled contracts spanning cryptocurrencies, listed stocks, exchange-traded funds, commodities, the COIN50 index and private-market valuations. This places the new contracts within an expansion plan covering multiple asset classes, not just cryptocurrencies. However, the announcement of the five contracts does not specify a goal of increasing liquidity or widening institutional access to the underlying assets. It also provides no further details on the contracts' terms or expected trading volumes.
Coinbase said eligible users trading perpetual contracts through its app or website, including Coinbase Advanced, will continue to have the same experience. This means the products' connection to Deribit does not remove those users' existing access channels, according to the company's explanation. However, product availability depends on eligibility and jurisdiction, Coinbase said, so access does not necessarily extend to all customers. The company explains that perpetual contracts have no expiration date and use funding rates and payments calculated hourly to help keep contract prices close to spot prices. This is a general mechanism for perpetual contracts, not a detail specific to the five announced contracts.
Coinbase has cited the scale of Deribit's options-market activity in describing the integration. It said the unified platform provided access to more than $30 billion in open interest in Bitcoin options, according to data as of September 30, 2026. Deribit also processed more than $1 trillion in trading volume during the year before its announcement on October 7, 2026, the company said. The figures provide context on the scale of the derivatives platform whose infrastructure has become part of the Coinbase ecosystem, but they do not measure trading in the five new contracts or establish their liquidity. In the market, Coinbase shares closed at $132.13 on November 10, 2026, according to EL7 data.
As for next steps, Coinbase said crypto options trading for eligible U.S. customers was expected to begin in the fourth quarter of 2026. That timeline applies to crypto options and is not the launch date for the five perpetual contracts; Deribit's announcement set their launch for November 13. This reflects two product tracks in the derivatives expansion by Coinbase and Deribit, with different product types and eligible audiences. The available announcement gives no further details on the launch time on November 13 or the trading terms for each contract.