Deribit will remove its public Proof of Reserves page on Sept. 1, ending a daily check customers could use to verify balance inclusion and compare aggregate liabilities with published wallet holdings.
The exchange said the change reflects a wallet infrastructure overhaul tied to its integration with Coinbase. Regulator-required reserve, reconciliation and audit controls will remain in place, but the company noted these do not offer the same daily public visibility that the discontinued page provided.
Deribit said roughly 90% of client assets have moved into Coinbase custody arrangements since Coinbase acquired the derivatives platform in August 2025. Its disclosures name Coinbase at the brand level but do not identify the specific Coinbase legal entity holding the assets.
Key details
- Proof of Reserves page removal date: Sept. 1
- Share of client assets moved to Coinbase custody: approximately 90%
- Acquisition of Deribit by Coinbase: August 2025
- Regulatory reserve, reconciliation and audit controls remain, without daily public disclosure
