Coinbase Boosts Trading Speed with New Deribit Matching Engine

Coinbase has upgraded its Deribit platform with a new matching engine that can process more than 100,000 orders per second. This upgrade is expected to boost trading efficiency and reduce latency on the platform.

The new engine will allow for sub-millisecond matching times, making it one of the fastest trading engines in the industry. This is significant because rapid market moves require quick order processing to prevent slippage.

Coinbase has also announced changes to its order processing system. Aggressive orders in certain markets will now face brief delays, giving liquidity providers more time to update their quotes during volatile periods.