Coinbase Unveils High-Speed Deribit Matching Engine
Coinbase has upgraded its transaction capacity with a new Deribit matching engine.
The new engine can process over 100,000 transactions per second, aiming for faster execution and deeper liquidity.
Despite base activity slowing down, the network generated over $2 million in revenue in July.
The COIN stock price trades near $150, with rising call open interest indicating bullish trader positioning.