Deribit

Deribit is a centralized exchange. Reports $676M in 24-hour trading volume across all pairs. Its domain ranks #12,638 on Tranco — the one signal an exchange cannot type about itself. CoinGecko's own trust grade is 7/10.

CustodyCustodial
KYCRequired
RegionPanama
Since2016
Websitewww.deribit.com
24-hour volume$676M
Tranco web rank#12,638
Proof of reservesReported to publish, no verified link — a claim with nothing to show, scored 0
Reliability ratio (liquidity / Tranco)3.6× — volume scored at 1/3.6 (1× = the top-ten norm)
Data accessPublic order book, but too shallow to cover ±0.1% of mid
Order-book depth (BTC, 0.1% of mid)$724,468 within 0.1% of mid (floor — book stopped before the band)

Figures from the 28 October 2026 build snapshot. Open the live view for the current rankings.

What the ranking counts

Volume is a claim about a past that left no artifact. An order book is a claim about the present the exchange has to have standing there when you look. Tranco web rank is the one number nobody can type: it counts resolvers in the wild, not anything the venue reports. That is why the ranking uses web rank as the anchor and treats a deep book as a permission to keep a position, not a reason to promote one.