[Coinbase Launches New Matching Engine for Deribit, Capable of Processing Over 100,000 Orders Per Second] BlockBeats News, August 12: Coinbase announced the gradual deployment of a next-generation high-performance matching engine on Deribit. Built on dedicated infrastructure, the engine can process over 100,000 orders per second with matching latency of less than 1 millisecond. It aims to enhance execution speed, scalability, and liquidity performance for institutional derivatives trading. This upgrade also integrates Deribit into the same core execution infrastructure as Coinbase International Exchange. Coinbase stated that the new engine incorporates a built-in "speed bump" mechanism for certain trading instruments, introducing a brief delay for aggressive orders. This allows liquidity providers more response time in rapidly fluctuating markets and is expected to help market makers offer tighter bid-ask spreads and larger order book depth. Coinbase further noted that later this year, all perpetual contracts under its platform will also migrate to this matching engine. At that time, options and perpetual contracts will share a more unified trading infrastructure to support a more consistent trading experience, broader product coverage, and deeper liquidity.