{
  "data": {
    "a": {
      "slug": "bybit",
      "name": "Bybit",
      "vendor": "Bybit",
      "vendorUrl": "https://www.bybit.com",
      "kind": "http-api",
      "category": "crypto-exchanges",
      "summary": "Bybit is a centralised crypto exchange for spot, perpetual and futures contracts, options and earn products, reached through its V5 REST and WebSocket API, a FIX order-entry gateway and an official stdio MCP server published from its GitHub organisation.",
      "url": "https://www.anchorterminal.com/tools/bybit",
      "markdownUrl": "https://www.anchorterminal.com/tools/bybit.md",
      "slimMarkdownUrl": "https://www.anchorterminal.com/tools/bybit.min.md",
      "jsonUrl": "https://www.anchorterminal.com/api/v1/tools/bybit.json",
      "dns": "bybit.grade.anchorterminal.com",
      "repo": "https://github.com/bybit-exchange/trading-mcp",
      "transports": [
        "stdio"
      ],
      "packages": [
        {
          "registry": "npm",
          "name": "bybit-official-trading-server"
        },
        {
          "registry": "pypi",
          "name": "pybit"
        }
      ],
      "auth": "api-key",
      "authNotes": "API key minted on the API management page after a browser sign-up and identity verification, signed per request with HMAC-SHA256 (system-generated secret) or RSA-SHA256 (self-generated key pair) in the X-BAPI-API-KEY, X-BAPI-TIMESTAMP, X-BAPI-SIGN and X-BAPI-RECV-WINDOW headers. Permissions are granted per group (ContractTrade, Spot, Wallet with a separate Withdraw value, Options, Derivatives, Exchange, Earn, Affiliate, BlockTrade) with a readOnly flag, and keys can be bound to IP addresses. A key with no IP binding expires 90 days after creation and can be extended on the management page with email and 2FA codes. Keys for testnet come from testnet.bybit.com and keys for demo trading from the production account in demo mode (https://bybit-exchange.github.io/docs/v5/user/apikey-info and https://bybit-exchange.github.io/docs/faq, checked 2026-11-03).",
      "pricing": "usage",
      "pricingNotes": "The API and the MCP server cost nothing; trades carry Bybit's fees. At VIP 0 the spot fee is 0.1 per cent maker and taker, perpetual and futures contracts 0.02 per cent maker and 0.055 per cent taker, options 0.02 per cent maker and 0.03 per cent taker, with lower tiers by 30-day volume or asset balance and a note that rates vary by region. Fiat pairs, the Adventure Zone, xStocks and pre-market perpetuals have their own tables (https://www.bybit.com/en/help-center/article/Trading-Fee-Structure, last updated 2 September 2026, read 2026-11-03).",
      "priceSummary": "0.1% fee",
      "where": "local",
      "x402": {
        "level": "no",
        "evidence": "No x402, MPP or L402 in the V5 docs, the MCP server's README or source, or the fee schedule (checked 2026-11-03). Trading fees are taken from the account balance.",
        "endpoints": []
      },
      "toolCount": 398,
      "popularity": {
        "githubStars": 43,
        "npmWeekly": null,
        "pypiWeekly": null,
        "asOf": "2026-11-03"
      },
      "docsUrl": "https://bybit-exchange.github.io/docs/v5/intro",
      "capabilities": [
        "exchange.market-data",
        "exchange.spot-trading",
        "exchange.derivatives",
        "exchange.balances",
        "exchange.transfers",
        "exchange.staking",
        "market.crypto"
      ],
      "tags": [
        "hosted",
        "closed-source",
        "api-key",
        "usage-priced",
        "sandbox",
        "no-status-page",
        "mcp",
        "official",
        "python",
        "typescript",
        "go",
        "java",
        "dotnet"
      ],
      "lastRelease": "2026-10-30",
      "graded": true,
      "anchor": {
        "graded": true,
        "score": 57.3,
        "grade": "C",
        "agentReady": false,
        "rank": 712,
        "ranked": true,
        "rankOf": 1349,
        "categoryRank": 11,
        "methodology": "0.7",
        "run": "2026-10-01",
        "scores": {
          "ergonomics": 66,
          "maintenance": 66,
          "payments": 40,
          "reliability": 45,
          "schema": 73,
          "security": 60,
          "transparency": 51
        },
        "pending": [
          "performance",
          "tasks"
        ],
        "assessment": {
          "confidence": "medium",
          "date": "2026-11-03"
        },
        "negative": 0,
        "verdict": "Bybit publishes per-endpoint rate limits, a demo environment, scoped keys with a read-only flag and IP binding, and an official stdio MCP server whose 398 tools carry read-only and destructive annotations. There is no status page, no OpenAPI file, no SLA, the MCP server has no toolsets, and the global terms and privacy pages are drawn by script.",
        "bestFor": "An agent trading spot, perpetuals, futures and options in a person's Bybit account outside the excluded jurisdictions, with a demo environment to rehearse on.",
        "strengths": [
          "Official MCP server from Bybit's GitHub organisation with 398 generated tools, each annotated readOnlyHint, destructiveHint and openWorldHint, and market data tools that need no key",
          "Rate limits published per endpoint and per UID with limit, remaining and reset headers on every response, and a documented 403 ban rule for the IP limit",
          "API keys scoped by product group with a read-only flag, a separate Withdraw permission, IP binding and a 90-day expiry for unbound keys",
          "Demo trading at api-demo.bybit.com with self-served demo funds, plus a testnet with its own keys",
          "VIP 0 fees published without login, 0.1 per cent spot and 0.02 per cent maker and 0.055 per cent taker on contracts"
        ],
        "weaknesses": [
          "No status page, incident history or SLA was found; the terms say the API is not guaranteed to be available",
          "No OpenAPI or llms.txt for the V5 API, and the MCP server exposes all 398 tools with no toolset, module or read-only switch",
          "Not in the official MCP registry; the hosted `bybit` entry there is a third party's server, not Bybit's",
          "The global terms, privacy policy and about pages on bybit.com render by script and were not read; the terms read are the UAE-regulated entity's PDF",
          "Changelog entries change response shapes and remove fields without a notice period, such as the Asset Overview restructure of 18 August 2026"
        ],
        "agentNotes": [
          "Create a key with only the permission groups the task needs, set readOnly for research keys, leave Withdraw off and bind an IP, or the key expires after 90 days",
          "Send a unique orderLinkId on every order and reuse it when amending or cancelling, since create-order is asynchronous and confirmed over WebSocket",
          "Read X-Bapi-Limit-Status before bursts and wait until X-Bapi-Limit-Reset-Timestamp on retCode 10006; on HTTP 403 stop all sessions for at least 10 minutes",
          "Test on api-demo.bybit.com with a demo key from the production account, not on testnet demo mode, which the docs call meaningless",
          "Run the MCP server with BYBIT_TESTNET=true first, and only in a client that shows a per-call approval, because the server has no read-only mode of its own"
        ],
        "metrics": {
          "kind": "remote",
          "measured": false
        },
        "reviewCount": 0,
        "avgRating": 0,
        "history": [
          {
            "basis": "public evidence",
            "confidence": "medium",
            "grade": "C",
            "methodology": "0.7",
            "pending": [
              "performance",
              "tasks"
            ],
            "run": "2026-10-01",
            "runLabel": "October 2026 research run",
            "score": 57.3
          }
        ],
        "editorialScores": {
          "ergonomics": 66,
          "maintenance": 66,
          "payments": 40,
          "reliability": 45,
          "schema": 73,
          "security": 60,
          "transparency": 27
        },
        "provenanceScore": 75,
        "checked": {
          "categories": {
            "ergonomics": "2026-11-03",
            "maintenance": "2026-11-03",
            "payments": "2026-11-03",
            "reliability": "2026-11-03",
            "schema": "2026-11-03",
            "security": "2026-11-03",
            "transparency": "2026-11-03"
          },
          "last": "2026-11-03",
          "oldest": "2026-11-03",
          "stale": false,
          "staleAfterDays": 90
        }
      },
      "connect": {
        "install": "npm install -g bybit-official-trading-server",
        "http": "curl https://api.bybit.com/v5/market/tickers?category=spot\u0026symbol=BTCUSDT",
        "claudeCode": "claude mcp add bybit -- npx -y bybit-official-trading-server@latest",
        "config": {
          "mcpServers": {
            "bybit": {
              "args": [
                "-y",
                "bybit-official-trading-server@latest"
              ],
              "command": "npx",
              "env": {
                "BYBIT_API_KEY": "YOUR_API_KEY",
                "BYBIT_API_SECRET": "YOUR_API_SECRET",
                "BYBIT_TESTNET": "true"
              }
            }
          }
        }
      },
      "letme": {
        "capability": "https://letme.dev/exchange.market-data",
        "tool": "https://letme.dev/bybit"
      },
      "area": "payments",
      "unitPrices": [
        {
          "item": "Spot trade, VIP 0 maker or taker",
          "unit": "pct",
          "usd": 0.1,
          "note": "crypto-crypto pairs"
        },
        {
          "item": "Perpetual or futures trade, VIP 0 taker",
          "unit": "pct",
          "usd": 0.055,
          "note": "maker 0.02 per cent"
        },
        {
          "item": "Options trade, VIP 0 taker",
          "unit": "pct",
          "usd": 0.03,
          "note": "maker 0.02 per cent"
        }
      ],
      "provenance": {
        "legalEntity": "Bybit Virtual Asset Platform Operator L.L.C. S.P.C",
        "domain": "bybit.com",
        "domainRegistered": "1999-08-05",
        "endpointOnVendorDomain": true,
        "terms": "https://www.bybit.com/en/terms-service",
        "privacy": "https://www.bybit.com/en/privacy-policy",
        "statusPage": "",
        "changelog": "https://bybit-exchange.github.io/docs/changelog/v5",
        "securityTxt": "none",
        "checked": "2026-11-03",
        "notes": [
          "www.bybit.com answers WebFetch with a timeout; its robots.txt (read with curl) allows the help centre, legal and static paths and disallows query-string URLs and x-api endpoints. The terms and privacy pages render by script, so the terms read are the PDF at /common-static/compliance/legal/BYBIT/b2e1c94c53ee5e12e165919de919337e.pdf (Bybit Virtual Asset Platform Operator L.L.C. S.P.C, last updated 23 January 2026, English and Welsh law, SIAC arbitration). The privacy policy was not read.",
          "RDAP gives bybit.com a registration date of 5 August 1999 (CSC Corporate Domains), earlier than the company, so the domain was bought.",
          "https://www.bybit.com/.well-known/security.txt answers 404. bybit-exchange.github.io has no robots.txt and no security.txt.",
          "No status page found; status.bybit.com does not resolve, the docs link none, and a search found only third-party monitors.",
          "The V5 changelog is dated by day; the MCP server's versions are on npm. The P2P service terms on bybit.com name Bybit Technology Limited as the company."
        ],
        "score": 75
      },
      "pageJsonUrl": "https://www.anchorterminal.com/tools/bybit.json",
      "live": {
        "slug": "bybit",
        "versions": [
          {
            "registry": "github",
            "name": "bybit-exchange/trading-mcp",
            "version": "2.1.26",
            "released": "2026-10-30",
            "seenAt": "2026-11-04T20:04:41.294958912Z"
          },
          {
            "registry": "npm",
            "name": "bybit-official-trading-server",
            "version": "2.1.26",
            "seenAt": "2026-11-04T20:04:40.287082189Z"
          },
          {
            "registry": "pypi",
            "name": "pybit",
            "version": "5.17.0",
            "released": "2026-07-14",
            "seenAt": "2026-11-04T20:04:41.10004853Z"
          }
        ],
        "githubStars": 43,
        "npmWeekly": 1294,
        "pypiWeekly": 97932,
        "securityTxt": {
          "url": "https://bybit.com/.well-known/security.txt",
          "state": "none",
          "checkedAt": "2026-11-04T15:54:01.70982249Z"
        },
        "updatedAt": "2026-11-04T20:04:41.294958912Z"
      }
    },
    "answer": "Deribit scores 59 (C) on agent readiness against Bybit's 57.3 (C), and leads in 3 of 7 scored categories. Bybit leads on payments \u0026 pricing and transparency \u0026 trust.",
    "b": {
      "slug": "deribit",
      "name": "Deribit",
      "vendor": "Deribit FZE",
      "vendorUrl": "https://www.deribit.com",
      "kind": "http-api",
      "category": "crypto-exchanges",
      "summary": "Deribit is a crypto options, futures and perpetuals exchange owned by Coinbase, with a JSON-RPC API over WebSocket and HTTP, a FIX API and a test environment at test.deribit.com.",
      "url": "https://www.anchorterminal.com/tools/deribit",
      "markdownUrl": "https://www.anchorterminal.com/tools/deribit.md",
      "slimMarkdownUrl": "https://www.anchorterminal.com/tools/deribit.min.md",
      "jsonUrl": "https://www.anchorterminal.com/api/v1/tools/deribit.json",
      "dns": "deribit.grade.anchorterminal.com",
      "license": "Proprietary hosted exchange. The API is documented under the Deribit docs with an OpenAPI 3.0 file; no official client library is published",
      "transports": [],
      "packages": [],
      "auth": "api-key",
      "authNotes": "API keys are made in the account settings or with `private/create_api_key`, each with scopes `account`, `trade`, `wallet`, `block_trade` and `block_rfq` at `read`, `read_write` or `none`, plus `ip:ADDR` and `expires` limits. Tokens come from `public/auth` by `client_credentials` (key and secret), `client_signature` (HMAC-SHA256 over timestamp, nonce and data, so the secret never travels) or `refresh_token`. Self-generated Ed25519 or RSA keys let Deribit hold only the public half. The HTTP example passes `client_secret` in the query string (https://docs.deribit.com/articles/authentication, https://docs.deribit.com/articles/access-scope, checked 2026-11-03).",
      "pricing": "usage",
      "pricingNotes": "The API has no charge of its own; trades pay maker and taker fees per instrument. The fee schedule is on support.deribit.com, which answered our reader with 403, so the lowest-tier rates are unchecked. Deribit's own posts of 14 October and 2 November 2026 give VIP4 to VIP7 taker fees of 1.75 to 1.40 bps on perpetuals and futures from 19 October 2026, and 0 bps maker fees on USDC-settled linear daily options from 5 November 2026 (https://insights.deribit.com/exchange-updates/new-fee-tier-on-perpetuals-and-futures/, checked 2026-11-03).",
      "priceSummary": "0.02% fee",
      "where": "local",
      "x402": {
        "level": "no",
        "evidence": "No x402, MPP or L402 in the API docs, the OpenAPI file or the articles index (checked 2026-11-03). Accounts are funded by crypto deposit after a browser signup.",
        "endpoints": []
      },
      "toolCount": 0,
      "popularity": {
        "githubStars": null,
        "npmWeekly": null,
        "pypiWeekly": null,
        "asOf": "2026-11-03"
      },
      "docsUrl": "https://docs.deribit.com/",
      "llmsTxt": "https://docs.deribit.com/llms.txt",
      "openapi": "https://docs.deribit.com/specifications/deribit_openapi.json",
      "capabilities": [
        "exchange.derivatives",
        "exchange.market-data",
        "exchange.spot-trading",
        "exchange.balances",
        "exchange.transfers",
        "market.crypto"
      ],
      "tags": [
        "official",
        "hosted",
        "closed-source",
        "openapi",
        "llms-txt",
        "api-key",
        "sandbox",
        "usage-priced",
        "no-status-page",
        "bug-bounty",
        "rest"
      ],
      "lastRelease": "2026-10-13",
      "graded": true,
      "anchor": {
        "graded": true,
        "score": 59,
        "grade": "C",
        "agentReady": false,
        "rank": 646,
        "ranked": true,
        "rankOf": 1349,
        "categoryRank": 9,
        "methodology": "0.7",
        "run": "2026-10-01",
        "scores": {
          "ergonomics": 74,
          "maintenance": 65,
          "payments": 25,
          "reliability": 45,
          "schema": 88,
          "security": 62,
          "transparency": 46
        },
        "pending": [
          "performance",
          "tasks"
        ],
        "assessment": {
          "confidence": "low",
          "date": "2026-11-03"
        },
        "negative": 0,
        "verdict": "Deribit's JSON-RPC API has scoped keys with IP and expiry limits, asymmetric signing, an OpenAPI file, numeric rate limits and a 64-entry changelog. There is no official MCP server or client library, the fee schedule, terms and privacy policy sit on a support site that refused our reader, and the status page did not resolve.",
        "bestFor": "An agent trading crypto options, dated futures and perpetuals for an institutional or retail Deribit account, and anyone migrated from Coinbase International Exchange.",
        "strengths": [
          "Keys carry `account`, `trade`, `wallet`, `block_trade` and `block_rfq` scopes at read, read_write or none, with `ip:ADDR` and `expires` limits, and Ed25519 or RSA keys keep the private half off Deribit",
          "OpenAPI 3.0 and AsyncAPI files, llms.txt indexes and Markdown twins for every reference page",
          "Credit-based rate limits with numbers, per sub-account, and an errors page of about 159 codes with retry guidance (10028 back off, 10040 retry, 13009 refresh)",
          "A separate test environment at test.deribit.com with the same API and its own accounts and keys",
          "A dated JSON-RPC changelog since 2020 and an upcoming docs branch that previews the next release"
        ],
        "weaknesses": [
          "No official MCP server, and the GitHub organisation has no public repositories, so no official SDK in any language",
          "The fee schedule, terms of service, privacy policy and restricted-jurisdictions list are on support.deribit.com, which answered 403, so the lowest-tier maker and taker fees are unchecked",
          "status.deribit.com did not resolve for our reader and Coinbase's status page has no Deribit component we could find, so the incident record is unchecked",
          "The HTTP authentication example sends `client_secret` in the query string",
          "Breaking changes such as the 15 September 2026 change to `user.changes` carry no notice period in the changelog"
        ],
        "agentNotes": [
          "Create the key with `trade:read_write` and `wallet:none`, an `ip:` limit and an `expires` value; keep `account:read` unless the task edits subaccounts",
          "Authenticate with `client_signature` or an Ed25519 key over WebSocket rather than `client_credentials` over HTTP, which puts the secret in the URL",
          "Watch the `limits` field of `private/get_account_summary` and back off on error 10028; a session that runs out of credits is closed and must reconnect",
          "Send a `nonce` with orders so a retry after a timeout does not place a second order, and treat `order_not_found` on cancel as a possible fill",
          "Develop against https://test.deribit.com/api/v2 first; production and test need separate accounts and keys"
        ],
        "metrics": {
          "kind": "remote",
          "measured": false
        },
        "reviewCount": 0,
        "avgRating": 0,
        "history": [
          {
            "basis": "public evidence",
            "confidence": "low",
            "grade": "C",
            "methodology": "0.7",
            "pending": [
              "performance",
              "tasks"
            ],
            "run": "2026-10-01",
            "runLabel": "October 2026 research run",
            "score": 59
          }
        ],
        "editorialScores": {
          "ergonomics": 74,
          "maintenance": 65,
          "payments": 25,
          "reliability": 45,
          "schema": 88,
          "security": 62,
          "transparency": 22
        },
        "provenanceScore": 69,
        "checked": {
          "categories": {
            "ergonomics": "2026-11-03",
            "maintenance": "2026-11-03",
            "payments": "2026-11-03",
            "reliability": "2026-11-03",
            "schema": "2026-11-03",
            "security": "2026-11-03",
            "transparency": "2026-11-03"
          },
          "last": "2026-11-03",
          "oldest": "2026-11-03",
          "stale": false,
          "staleAfterDays": 90
        }
      },
      "connect": {
        "http": "curl 'https://test.deribit.com/api/v2/public/get_order_book?instrument_name=BTC-PERPETUAL\u0026depth=5'"
      },
      "letme": {
        "capability": "https://letme.dev/exchange.derivatives",
        "tool": "https://letme.dev/deribit"
      },
      "area": "payments",
      "unitPrices": [
        {
          "item": "Perpetual and futures taker fee, VIP4 tier",
          "unit": "pct",
          "usd": 0.0175,
          "note": "1.75 bps from 19 October 2026 per Deribit's post of 14 October 2026. Base-tier fees unchecked"
        }
      ],
      "provenance": {
        "legalEntity": "Deribit FZE",
        "domain": "deribit.com",
        "domainRegistered": "2014-01-15",
        "endpointOnVendorDomain": true,
        "terms": "https://support.deribit.com/hc/en-us/articles/25944532191645-Deribit-Exchange-Membership-Terms-Deribit-FZE",
        "privacy": "",
        "statusPage": "",
        "changelog": "https://docs.deribit.com/changelogs/jsonrpc",
        "securityTxt": "unknown",
        "checked": "2026-11-03",
        "notes": [
          "Deribit FZE is on VARA's public register, licence VL/23/12/002, active, issued 1 November 2024. Deribit's own post of 29 November 2024 says institutional and qualified investors contract with Deribit FZE and retail clients with DRB Panama, a broker member.",
          "The terms URL comes from a search result title (Deribit Exchange Membership Terms, Deribit FZE, version 26 January 2026); support.deribit.com answered 403 to our reader, so the terms, the privacy policy and the fee and restricted-jurisdictions articles were not read.",
          "RDAP gives deribit.com a registration date of 15 January 2014, registrar MarkMonitor.",
          "status.deribit.com did not resolve on 3 November 2026 and Coinbase's status page showed no Deribit component or incident, so no status page is recorded.",
          "https://www.deribit.com/.well-known/security.txt answered an HTML page with only the site title, so security.txt is unknown. Deribit's bug bounty runs on HackerOne per the support article title and HackerOne's customer story; insights.deribit.com/bug-bounty answered 403.",
          "docs.deribit.com/robots.txt allows everything but /cdn-cgi/ and /_next/, with Content-Signal ai-input=yes. support.deribit.com's robots.txt allows article pages; the 403 is the site's answer, not a robots rule."
        ],
        "score": 69
      },
      "pageJsonUrl": "https://www.anchorterminal.com/tools/deribit.json",
      "live": {
        "slug": "deribit",
        "securityTxt": {
          "url": "https://deribit.com/.well-known/security.txt",
          "state": "none",
          "checkedAt": "2026-11-04T15:54:13.971728133Z"
        },
        "updatedAt": "2026-11-04T15:54:13.971728133Z"
      }
    },
    "edges": [
      {
        "by": 15,
        "category": "schema",
        "leads": "deribit",
        "name": "Schema \u0026 documentation",
        "reasons": {
          "a": "No OpenAPI or other machine-readable contract for the REST API; the MCP server's 398 tools have zod schemas turned into JSON Schema, so the contract exists for the MCP surface only (12 of 25). No llms.txt; the docs are a public Docusaurus repository (bybit-exchange/docs) whose MDX source an agent can read (5 of 10). The MCP tool descriptions state purpose, rules and an agent hint per tool, and the API reference gives one page per endpoint (15 of 20). Parameters are typed with enums such as category and orderType and required flags (12 of 15). Request and response examples on each endpoint page and an error code page of about 750 codes with text (14 of 15). A dated changelog with 24 entries in the last 90 days, versioned V3 to V5 (15). 73.",
          "b": "OpenAPI 3.0.0 for the whole JSON-RPC surface (Deribit API 2.1.1, about 1.4 million characters) plus AsyncAPI files for the WebSocket side (25). llms.txt with production and upcoming indexes, and a Markdown twin of every page (10). Each operation has a description such as \"Places a buy order for an instrument.\" with parameter notes, and the articles say when to use WebSocket subscriptions over polling, but the reference seldom says when not to use a method (13 of 20). Parameters are typed with enums (order `type` has eight values, `time_in_force` four) and required flags, with `amount` or `contracts` as a documented either-or (13 of 15). Every reference page carries an example request and response, and the errors page lists about 159 codes with retry guidance, though most operations document only a 200 response and the smaller error tables disagree with the full one on two codes (12 of 15). A versioned path (/api/v2), a production and an upcoming docs branch, and a dated changelog of 64 entries since 21 January 2020 (15). Total 88."
        },
        "scores": {
          "a": 73,
          "b": 88
        }
      },
      {
        "by": 15,
        "category": "payments",
        "leads": "bybit",
        "name": "Payments \u0026 pricing",
        "reasons": {
          "a": "No machine payment protocol (0). The fee schedule is public without login, with VIP 0 maker and taker rates per product and the tier criteria (20). Reading market data needs no key and the demo environment costs nothing, no card is asked for at sign-up (20). A person must register, pass identity verification and mint the key in a browser (0). 40.",
          "b": "No machine payment protocol (0). The fee schedule is on support.deribit.com, which answered 403; Deribit's own posts give VIP4 to VIP7 taker fees and the 0 bps linear options maker fee, so partial prices are public but the lowest tier is unchecked (5 of 20). Public market data needs no key and the test environment is free, with no card anywhere (20). A person signs up in a browser with identity checks before any key exists (0). Total 25."
        },
        "scores": {
          "a": 40,
          "b": 25
        }
      },
      {
        "by": 8,
        "category": "ergonomics",
        "leads": "deribit",
        "name": "Agent ergonomics",
        "reasons": {
          "a": "Read for the API with the MCP server beside it. The MCP server has 398 tools in one list with no toolset, module or read-only switch (5 of 25, nothing added back). V5 reads take limit and cursor and category filters (15 of 20). retCode and retMsg on every response with a code list an agent can branch on, though create-order answers before the order is final and the docs say to confirm over WebSocket (14 of 20). orderLinkId makes order retries safe and every MCP tool carries readOnlyHint and destructiveHint (17 of 20). Five required fields on an order, official SDKs in Python, Go, Java and .NET (15). 66.",
          "b": "An API, read for response sizing. `public/get_order_book` takes `depth`, `get_instruments` filters by currency and kind, and history methods take `count` and `offset`, though `get_instruments` returns every instrument for a currency and costs 10,000 credits (18 of 25). Count and offset pagination, time ranges on trade and transaction logs, and WebSocket channels with interval and depth options (16 of 20). Numeric error codes with short names, a `wait` value on some errors, and sample code that branches on them (18 of 20). A `nonce` on orders since May 2026 returns the existing order on retry, a `label` lets an agent find its own orders, and 10040 marks the calls safe to retry; no MCP annotations apply (16 of 20). Few required parameters and sensible defaults (limit and good_til_cancelled), but no official SDK in any language, so every caller signs and frames JSON-RPC itself (6 of 15). Total 74."
        },
        "scores": {
          "a": 66,
          "b": 74
        }
      },
      {
        "by": 5,
        "category": "transparency",
        "leads": "bybit",
        "name": "Transparency \u0026 trust",
        "reasons": {
          "a": "The editorial half. A closed hosted service. The terms read are the UAE entity's PDF served from bybit.com, clear on API use and availability, but the global terms page renders by script and was not read; the MCP server is MIT (12 of 30). The privacy policy was not read, so data handling is unscored (5 of 30). The changelog dates removals and response changes but gives no notice period or deprecation policy (10 of 20). No subprocessor list or data location statement was read (0 of 20). 27.",
          "b": "The editorial half. A closed service whose terms (Deribit FZE membership terms and DRB Panama Inc. terms) sit on a support site that answered 403, with the entity confirmed on VARA's register (12 of 30). The privacy policy was not read, and nothing in the docs states retention (0 of 30). The changelog marks deprecations and the upcoming docs branch previews the next release, but removals such as `public/get_index` on 25 November 2025 carry no notice period (10 of 20). No subprocessor or data-location statement found (0 of 20). Total 22."
        },
        "scores": {
          "a": 51,
          "b": 46
        }
      }
    ],
    "facts": [
      {
        "a": "HTTP API",
        "b": "HTTP API",
        "name": "Kind"
      },
      {
        "a": "Bybit",
        "b": "Deribit FZE",
        "name": "Vendor"
      },
      {
        "a": "no (local only)",
        "b": "no (local only)",
        "name": "Hosted endpoint"
      },
      {
        "a": "stdio",
        "b": "",
        "name": "Transports"
      },
      {
        "a": "API key",
        "b": "API key",
        "name": "Auth"
      },
      {
        "a": "Pay per use",
        "b": "Pay per use",
        "name": "Pricing"
      },
      {
        "a": "no",
        "b": "no",
        "name": "x402"
      },
      {
        "a": "none",
        "b": "Proprietary hosted exchange. The API is documented under the Deribit docs with an OpenAPI 3.0 file; no official client library is published",
        "name": "Licence"
      },
      {
        "a": "398",
        "b": "0",
        "name": "Tools exposed"
      },
      {
        "a": "yes",
        "b": "no",
        "name": "Read-only variant documented"
      },
      {
        "a": "no",
        "b": "yes",
        "name": "llms.txt"
      },
      {
        "a": "2026-10-30",
        "b": "2026-10-13",
        "name": "Last release"
      },
      {
        "a": "couldn't be read",
        "b": "2026-08-13",
        "name": "Terms last updated"
      },
      {
        "a": "couldn't be read",
        "b": "no document linked",
        "name": "Privacy policy last updated"
      },
      {
        "a": "couldn't be read",
        "b": "not found in the text",
        "name": "Customer content may train models"
      },
      {
        "a": "couldn't be read",
        "b": "yes",
        "name": "Terms restrict automated access"
      },
      {
        "a": "couldn't be read",
        "b": "not found in the text",
        "name": "Terms restrict benchmarking"
      },
      {
        "a": "couldn't be read",
        "b": "not found in the text",
        "name": "Terms or service can change without notice"
      },
      {
        "a": "couldn't be read",
        "b": "not found in the text",
        "name": "Arbitration or class-action waiver"
      },
      {
        "a": "43 stars",
        "b": "none",
        "name": "Popularity"
      }
    ],
    "faq": [
      {
        "answer": "Deribit scores 59 (C) on agent readiness against Bybit's 57.3 (C), and leads in 3 of 7 scored categories. Bybit leads on payments \u0026 pricing and transparency \u0026 trust.",
        "question": "Which is better for AI agents, Bybit or Deribit?"
      },
      {
        "answer": "Both need an API key.",
        "question": "Do Bybit and Deribit need an API key?"
      },
      {
        "answer": "Bybit runs on your own machine, with no hosted endpoint listed. No hosted endpoint is listed for Deribit.",
        "question": "Can an agent call Bybit and Deribit without installing anything?"
      }
    ],
    "goodFor": [
      {
        "aheadOn": [
          "Payments \u0026 pricing, 40 against 25",
          "Transparency \u0026 trust, 51 against 46"
        ],
        "also": [
          "Runs on your own machine"
        ],
        "goodFor": "An agent trading spot, perpetuals, futures and options in a person's Bybit account outside the excluded jurisdictions, with a demo environment to rehearse on.",
        "slug": "bybit",
        "watchFor": "No status page, incident history or SLA was found; the terms say the API is not guaranteed to be available"
      },
      {
        "aheadOn": [
          "Schema \u0026 documentation, 88 against 73",
          "Agent ergonomics, 74 against 66"
        ],
        "also": null,
        "goodFor": "An agent trading crypto options, dated futures and perpetuals for an institutional or retail Deribit account, and anyone migrated from Coinbase International Exchange.",
        "slug": "deribit",
        "watchFor": "No official MCP server, and the GitHub organisation has no public repositories, so no official SDK in any language"
      }
    ],
    "history": null,
    "job": {
      "capability": "exchange.market-data",
      "name": "Exchange market data"
    },
    "others": [
      {
        "json": "https://www.anchorterminal.com/compare/bitfinex-vs-bybit.json",
        "title": "Bitfinex API vs Bybit",
        "url": "https://www.anchorterminal.com/compare/bitfinex-vs-bybit"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bitfinex-vs-deribit.json",
        "title": "Bitfinex API vs Deribit",
        "url": "https://www.anchorterminal.com/compare/bitfinex-vs-deribit"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bitget-vs-bybit.json",
        "title": "Bitget vs Bybit",
        "url": "https://www.anchorterminal.com/compare/bitget-vs-bybit"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bitget-vs-deribit.json",
        "title": "Bitget vs Deribit",
        "url": "https://www.anchorterminal.com/compare/bitget-vs-deribit"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bithumb-vs-bybit.json",
        "title": "Bithumb Open API vs Bybit",
        "url": "https://www.anchorterminal.com/compare/bithumb-vs-bybit"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bithumb-vs-deribit.json",
        "title": "Bithumb Open API vs Deribit",
        "url": "https://www.anchorterminal.com/compare/bithumb-vs-deribit"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bitstamp-vs-bybit.json",
        "title": "Bitstamp API vs Bybit",
        "url": "https://www.anchorterminal.com/compare/bitstamp-vs-bybit"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bitstamp-vs-deribit.json",
        "title": "Bitstamp API vs Deribit",
        "url": "https://www.anchorterminal.com/compare/bitstamp-vs-deribit"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bybit-vs-coinbase-advanced-trade.json",
        "title": "Bybit vs Coinbase Advanced Trade API",
        "url": "https://www.anchorterminal.com/compare/bybit-vs-coinbase-advanced-trade"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bybit-vs-coinbase-mcp.json",
        "title": "Bybit vs Coinbase MCP server (Coinbase for Agents)",
        "url": "https://www.anchorterminal.com/compare/bybit-vs-coinbase-mcp"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bybit-vs-crypto-com-exchange.json",
        "title": "Bybit vs Crypto.com Exchange API",
        "url": "https://www.anchorterminal.com/compare/bybit-vs-crypto-com-exchange"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bybit-vs-dydx.json",
        "title": "Bybit vs dYdX",
        "url": "https://www.anchorterminal.com/compare/bybit-vs-dydx"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bybit-vs-gate-io.json",
        "title": "Bybit vs Gate",
        "url": "https://www.anchorterminal.com/compare/bybit-vs-gate-io"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bybit-vs-gemini-exchange.json",
        "title": "Bybit vs Gemini Exchange API",
        "url": "https://www.anchorterminal.com/compare/bybit-vs-gemini-exchange"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bybit-vs-htx.json",
        "title": "Bybit vs HTX trading API",
        "url": "https://www.anchorterminal.com/compare/bybit-vs-htx"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bybit-vs-hyperliquid.json",
        "title": "Bybit vs Hyperliquid",
        "url": "https://www.anchorterminal.com/compare/bybit-vs-hyperliquid"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bybit-vs-kraken.json",
        "title": "Bybit vs Kraken API",
        "url": "https://www.anchorterminal.com/compare/bybit-vs-kraken"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bybit-vs-kucoin.json",
        "title": "Bybit vs KuCoin",
        "url": "https://www.anchorterminal.com/compare/bybit-vs-kucoin"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bybit-vs-mexc.json",
        "title": "Bybit vs MEXC API",
        "url": "https://www.anchorterminal.com/compare/bybit-vs-mexc"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bybit-vs-okx.json",
        "title": "Bybit vs OKX API",
        "url": "https://www.anchorterminal.com/compare/bybit-vs-okx"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bybit-vs-uniswap.json",
        "title": "Bybit vs Uniswap Trading API",
        "url": "https://www.anchorterminal.com/compare/bybit-vs-uniswap"
      },
      {
        "json": "https://www.anchorterminal.com/compare/bybit-vs-upbit.json",
        "title": "Bybit vs Upbit Open API",
        "url": "https://www.anchorterminal.com/compare/bybit-vs-upbit"
      },
      {
        "json": "https://www.anchorterminal.com/compare/crypto-com-exchange-vs-deribit.json",
        "title": "Crypto.com Exchange API vs Deribit",
        "url": "https://www.anchorterminal.com/compare/crypto-com-exchange-vs-deribit"
      },
      {
        "json": "https://www.anchorterminal.com/compare/deribit-vs-upbit.json",
        "title": "Deribit vs Upbit Open API",
        "url": "https://www.anchorterminal.com/compare/deribit-vs-upbit"
      },
      {
        "json": "https://www.anchorterminal.com/compare/binance-vs-bybit.json",
        "title": "Binance API vs Bybit",
        "url": "https://www.anchorterminal.com/compare/binance-vs-bybit"
      },
      {
        "json": "https://www.anchorterminal.com/compare/binance-vs-deribit.json",
        "title": "Binance API vs Deribit",
        "url": "https://www.anchorterminal.com/compare/binance-vs-deribit"
      },
      {
        "json": "https://www.anchorterminal.com/compare/coinbase-advanced-trade-vs-deribit.json",
        "title": "Coinbase Advanced Trade API vs Deribit",
        "url": "https://www.anchorterminal.com/compare/coinbase-advanced-trade-vs-deribit"
      },
      {
        "json": "https://www.anchorterminal.com/compare/coinbase-mcp-vs-deribit.json",
        "title": "Coinbase MCP server (Coinbase for Agents) vs Deribit",
        "url": "https://www.anchorterminal.com/compare/coinbase-mcp-vs-deribit"
      },
      {
        "json": "https://www.anchorterminal.com/compare/deribit-vs-uniswap.json",
        "title": "Deribit vs Uniswap Trading API",
        "url": "https://www.anchorterminal.com/compare/deribit-vs-uniswap"
      },
      {
        "json": "https://www.anchorterminal.com/compare/deribit-vs-dydx.json",
        "title": "Deribit vs dYdX",
        "url": "https://www.anchorterminal.com/compare/deribit-vs-dydx"
      },
      {
        "json": "https://www.anchorterminal.com/compare/deribit-vs-gate-io.json",
        "title": "Deribit vs Gate",
        "url": "https://www.anchorterminal.com/compare/deribit-vs-gate-io"
      },
      {
        "json": "https://www.anchorterminal.com/compare/deribit-vs-gemini-exchange.json",
        "title": "Deribit vs Gemini Exchange API",
        "url": "https://www.anchorterminal.com/compare/deribit-vs-gemini-exchange"
      },
      {
        "json": "https://www.anchorterminal.com/compare/deribit-vs-htx.json",
        "title": "Deribit vs HTX trading API",
        "url": "https://www.anchorterminal.com/compare/deribit-vs-htx"
      },
      {
        "json": "https://www.anchorterminal.com/compare/deribit-vs-hyperliquid.json",
        "title": "Deribit vs Hyperliquid",
        "url": "https://www.anchorterminal.com/compare/deribit-vs-hyperliquid"
      },
      {
        "json": "https://www.anchorterminal.com/compare/deribit-vs-kraken.json",
        "title": "Deribit vs Kraken API",
        "url": "https://www.anchorterminal.com/compare/deribit-vs-kraken"
      },
      {
        "json": "https://www.anchorterminal.com/compare/deribit-vs-kucoin.json",
        "title": "Deribit vs KuCoin",
        "url": "https://www.anchorterminal.com/compare/deribit-vs-kucoin"
      },
      {
        "json": "https://www.anchorterminal.com/compare/deribit-vs-mexc.json",
        "title": "Deribit vs MEXC API",
        "url": "https://www.anchorterminal.com/compare/deribit-vs-mexc"
      },
      {
        "json": "https://www.anchorterminal.com/compare/deribit-vs-okx.json",
        "title": "Deribit vs OKX API",
        "url": "https://www.anchorterminal.com/compare/deribit-vs-okx"
      }
    ],
    "panel": null,
    "scores": [
      {
        "by": 0,
        "bybit": 45,
        "deribit": 45,
        "edge": "",
        "key": "reliability",
        "name": "Reliability",
        "weight": 16
      },
      {
        "key": "performance",
        "name": "Performance",
        "pending": true,
        "weight": 10
      },
      {
        "by": 15,
        "bybit": 73,
        "deribit": 88,
        "edge": "deribit",
        "key": "schema",
        "name": "Schema \u0026 documentation",
        "weight": 13
      },
      {
        "by": 8,
        "bybit": 66,
        "deribit": 74,
        "edge": "deribit",
        "key": "ergonomics",
        "name": "Agent ergonomics",
        "weight": 13
      },
      {
        "by": 2,
        "bybit": 60,
        "deribit": 62,
        "edge": "deribit",
        "key": "security",
        "name": "Security \u0026 auth",
        "weight": 14
      },
      {
        "by": 15,
        "bybit": 40,
        "deribit": 25,
        "edge": "bybit",
        "key": "payments",
        "name": "Payments \u0026 pricing",
        "weight": 10
      },
      {
        "key": "tasks",
        "name": "Task success",
        "pending": true,
        "weight": 10
      },
      {
        "by": 1,
        "bybit": 66,
        "deribit": 65,
        "edge": "bybit",
        "key": "maintenance",
        "name": "Maintenance \u0026 community",
        "weight": 7
      },
      {
        "by": 5,
        "bybit": 51,
        "deribit": 46,
        "edge": "bybit",
        "key": "transparency",
        "name": "Transparency \u0026 trust",
        "weight": 7
      }
    ],
    "summary": "Deribit scores 59 (C) on agent readiness against Bybit's 57.3 (C), and leads in 3 of 7 scored categories. Bybit leads on payments \u0026 pricing and transparency \u0026 trust. Both do exchange market data.",
    "tasks": null,
    "tutorials": [],
    "verdicts": {
      "bybit": "Bybit publishes per-endpoint rate limits, a demo environment, scoped keys with a read-only flag and IP binding, and an official stdio MCP server whose 398 tools carry read-only and destructive annotations. There is no status page, no OpenAPI file, no SLA, the MCP server has no toolsets, and the global terms and privacy pages are drawn by script.",
      "deribit": "Deribit's JSON-RPC API has scoped keys with IP and expiry limits, asymmetric signing, an OpenAPI file, numeric rate limits and a 64-entry changelog. There is no official MCP server or client library, the fee schedule, terms and privacy policy sit on a support site that refused our reader, and the status page did not resolve."
    }
  },
  "kind": "anchor.page",
  "links": {
    "api": "https://www.anchorterminal.com/api/v1/index.json",
    "html": "https://www.anchorterminal.com/compare/bybit-vs-deribit",
    "json": "https://www.anchorterminal.com/compare/bybit-vs-deribit.json",
    "llms": "https://www.anchorterminal.com/llms.txt",
    "markdown": "https://www.anchorterminal.com/compare/bybit-vs-deribit.md",
    "mcp": "https://www.anchorterminal.com/mcp",
    "slim": "https://www.anchorterminal.com/compare/bybit-vs-deribit.min.md"
  },
  "markdown": "Deribit scores 59 (C) on agent readiness against Bybit's 57.3 (C), and leads in 3 of 7 scored categories. Bybit leads on payments \u0026 pricing and transparency \u0026 trust. Both do exchange market data.\n\n- Bybit: grade C, 57.3/100, rank #712 of 1349. Markdown https://www.anchorterminal.com/tools/bybit.md · JSON https://www.anchorterminal.com/api/v1/tools/bybit.json\n- Deribit: grade C, 59/100, rank #646 of 1349. Markdown https://www.anchorterminal.com/tools/deribit.md · JSON https://www.anchorterminal.com/api/v1/tools/deribit.json\n- Best crypto exchange APIs and MCP servers for AI agents: https://www.anchorterminal.com/best/crypto-exchanges/index.md\n- All 210 exchanges comparisons: https://www.anchorterminal.com/compare/crypto-exchanges/index.md\n\n## Which one, for what\n\n### Bybit (C)\n\nGood for: An agent trading spot, perpetuals, futures and options in a person's Bybit account outside the excluded jurisdictions, with a demo environment to rehearse on.\n\nAhead on:\n- Payments \u0026 pricing, 40 against 25\n- Transparency \u0026 trust, 51 against 46\n\nAlso in its favour:\n- Runs on your own machine\n\nWatch for: No status page, incident history or SLA was found; the terms say the API is not guaranteed to be available\n\n### Deribit (C)\n\nGood for: An agent trading crypto options, dated futures and perpetuals for an institutional or retail Deribit account, and anyone migrated from Coinbase International Exchange.\n\nAhead on:\n- Schema \u0026 documentation, 88 against 73\n- Agent ergonomics, 74 against 66\n\nWatch for: No official MCP server, and the GitHub organisation has no public repositories, so no official SDK in any language\n\n\n## Why the edge\n\n### Schema \u0026 documentation: Deribit +15\n\n- Bybit (73): No OpenAPI or other machine-readable contract for the REST API; the MCP server's 398 tools have zod schemas turned into JSON Schema, so the contract exists for the MCP surface only (12 of 25). No llms.txt; the docs are a public Docusaurus repository (bybit-exchange/docs) whose MDX source an agent can read (5 of 10). The MCP tool descriptions state purpose, rules and an agent hint per tool, and the API reference gives one page per endpoint (15 of 20). Parameters are typed with enums such as category and orderType and required flags (12 of 15). Request and response examples on each endpoint page and an error code page of about 750 codes with text (14 of 15). A dated changelog with 24 entries in the last 90 days, versioned V3 to V5 (15). 73.\n- Deribit (88): OpenAPI 3.0.0 for the whole JSON-RPC surface (Deribit API 2.1.1, about 1.4 million characters) plus AsyncAPI files for the WebSocket side (25). llms.txt with production and upcoming indexes, and a Markdown twin of every page (10). Each operation has a description such as \"Places a buy order for an instrument.\" with parameter notes, and the articles say when to use WebSocket subscriptions over polling, but the reference seldom says when not to use a method (13 of 20). Parameters are typed with enums (order `type` has eight values, `time_in_force` four) and required flags, with `amount` or `contracts` as a documented either-or (13 of 15). Every reference page carries an example request and response, and the errors page lists about 159 codes with retry guidance, though most operations document only a 200 response and the smaller error tables disagree with the full one on two codes (12 of 15). A versioned path (/api/v2), a production and an upcoming docs branch, and a dated changelog of 64 entries since 21 January 2020 (15). Total 88.\n\n### Payments \u0026 pricing: Bybit +15\n\n- Bybit (40): No machine payment protocol (0). The fee schedule is public without login, with VIP 0 maker and taker rates per product and the tier criteria (20). Reading market data needs no key and the demo environment costs nothing, no card is asked for at sign-up (20). A person must register, pass identity verification and mint the key in a browser (0). 40.\n- Deribit (25): No machine payment protocol (0). The fee schedule is on support.deribit.com, which answered 403; Deribit's own posts give VIP4 to VIP7 taker fees and the 0 bps linear options maker fee, so partial prices are public but the lowest tier is unchecked (5 of 20). Public market data needs no key and the test environment is free, with no card anywhere (20). A person signs up in a browser with identity checks before any key exists (0). Total 25.\n\n### Agent ergonomics: Deribit +8\n\n- Bybit (66): Read for the API with the MCP server beside it. The MCP server has 398 tools in one list with no toolset, module or read-only switch (5 of 25, nothing added back). V5 reads take limit and cursor and category filters (15 of 20). retCode and retMsg on every response with a code list an agent can branch on, though create-order answers before the order is final and the docs say to confirm over WebSocket (14 of 20). orderLinkId makes order retries safe and every MCP tool carries readOnlyHint and destructiveHint (17 of 20). Five required fields on an order, official SDKs in Python, Go, Java and .NET (15). 66.\n- Deribit (74): An API, read for response sizing. `public/get_order_book` takes `depth`, `get_instruments` filters by currency and kind, and history methods take `count` and `offset`, though `get_instruments` returns every instrument for a currency and costs 10,000 credits (18 of 25). Count and offset pagination, time ranges on trade and transaction logs, and WebSocket channels with interval and depth options (16 of 20). Numeric error codes with short names, a `wait` value on some errors, and sample code that branches on them (18 of 20). A `nonce` on orders since May 2026 returns the existing order on retry, a `label` lets an agent find its own orders, and 10040 marks the calls safe to retry; no MCP annotations apply (16 of 20). Few required parameters and sensible defaults (limit and good_til_cancelled), but no official SDK in any language, so every caller signs and frames JSON-RPC itself (6 of 15). Total 74.\n\n### Transparency \u0026 trust: Bybit +5\n\n- Bybit (51): The editorial half. A closed hosted service. The terms read are the UAE entity's PDF served from bybit.com, clear on API use and availability, but the global terms page renders by script and was not read; the MCP server is MIT (12 of 30). The privacy policy was not read, so data handling is unscored (5 of 30). The changelog dates removals and response changes but gives no notice period or deprecation policy (10 of 20). No subprocessor list or data location statement was read (0 of 20). 27.\n- Deribit (46): The editorial half. A closed service whose terms (Deribit FZE membership terms and DRB Panama Inc. terms) sit on a support site that answered 403, with the entity confirmed on VARA's register (12 of 30). The privacy policy was not read, and nothing in the docs states retention (0 of 30). The changelog marks deprecations and the upcoming docs branch previews the next release, but removals such as `public/get_index` on 25 November 2025 carry no notice period (10 of 20). No subprocessor or data-location statement found (0 of 20). Total 22.\n\n## Score by category\n\n| Category | Weight | Bybit | Deribit | Edge |\n| --- | --- | --- | --- | --- |\n| Reliability | 16% (20 this run) | 45 | 45 | even |\n| Performance | 10%, pending | pending | pending | not scored in this run |\n| Schema \u0026 documentation | 13% (16.2 this run) | 73 | 88 | Deribit +15 |\n| Agent ergonomics | 13% (16.2 this run) | 66 | 74 | Deribit +8 |\n| Security \u0026 auth | 14% (17.5 this run) | 60 | 62 | Deribit +2 |\n| Payments \u0026 pricing | 10% (12.5 this run) | 40 | 25 | Bybit +15 |\n| Task success | 10%, pending | pending | pending | not scored in this run |\n| Maintenance \u0026 community | 7% (8.8 this run) | 66 | 65 | Bybit +1 |\n| Transparency \u0026 trust | 7% (8.8 this run) | 51 | 46 | Bybit +5 |\n| Negative events | ≤15 | 0 | 0 | |\n| **Total** | | **57.3 · C** | **59 · C** | |\n\n## Facts side by side\n\n| Fact | Bybit | Deribit |\n| --- | --- | --- |\n| Kind | HTTP API | HTTP API |\n| Vendor | Bybit | Deribit FZE |\n| Hosted endpoint | no (local only) | no (local only) |\n| Transports | stdio |  |\n| Auth | API key | API key |\n| Pricing | Pay per use | Pay per use |\n| x402 | no | no |\n| Licence | none | Proprietary hosted exchange. The API is documented under the Deribit docs with an OpenAPI 3.0 file; no official client library is published |\n| Tools exposed | 398 | 0 |\n| Read-only variant documented | yes | no |\n| llms.txt | no | yes |\n| Last release | 2026-10-30 | 2026-10-13 |\n| Terms last updated | couldn't be read | 2026-08-13 |\n| Privacy policy last updated | couldn't be read | no document linked |\n| Customer content may train models | couldn't be read | not found in the text |\n| Terms restrict automated access | couldn't be read | yes |\n| Terms restrict benchmarking | couldn't be read | not found in the text |\n| Terms or service can change without notice | couldn't be read | not found in the text |\n| Arbitration or class-action waiver | couldn't be read | not found in the text |\n| Popularity | 43 stars | none |\n\n## Verdicts\n\n**Bybit.** Bybit publishes per-endpoint rate limits, a demo environment, scoped keys with a read-only flag and IP binding, and an official stdio MCP server whose 398 tools carry read-only and destructive annotations. There is no status page, no OpenAPI file, no SLA, the MCP server has no toolsets, and the global terms and privacy pages are drawn by script.\n\n**Deribit.** Deribit's JSON-RPC API has scoped keys with IP and expiry limits, asymmetric signing, an OpenAPI file, numeric rate limits and a 64-entry changelog. There is no official MCP server or client library, the fee schedule, terms and privacy policy sit on a support site that refused our reader, and the status page did not resolve.\n\n## Before you call either\n\n### Bybit\n\n1. Create a key with only the permission groups the task needs, set readOnly for research keys, leave Withdraw off and bind an IP, or the key expires after 90 days\n2. Send a unique orderLinkId on every order and reuse it when amending or cancelling, since create-order is asynchronous and confirmed over WebSocket\n3. Read X-Bapi-Limit-Status before bursts and wait until X-Bapi-Limit-Reset-Timestamp on retCode 10006; on HTTP 403 stop all sessions for at least 10 minutes\n4. Test on api-demo.bybit.com with a demo key from the production account, not on testnet demo mode, which the docs call meaningless\n5. Run the MCP server with BYBIT_TESTNET=true first, and only in a client that shows a per-call approval, because the server has no read-only mode of its own\n\n### Deribit\n\n1. Create the key with `trade:read_write` and `wallet:none`, an `ip:` limit and an `expires` value; keep `account:read` unless the task edits subaccounts\n2. Authenticate with `client_signature` or an Ed25519 key over WebSocket rather than `client_credentials` over HTTP, which puts the secret in the URL\n3. Watch the `limits` field of `private/get_account_summary` and back off on error 10028; a session that runs out of credits is closed and must reconnect\n4. Send a `nonce` with orders so a retry after a timeout does not place a second order, and treat `order_not_found` on cancel as a possible fill\n5. Develop against https://test.deribit.com/api/v2 first; production and test need separate accounts and keys\n\n## Questions\n\n### Which is better for AI agents, Bybit or Deribit?\n\nDeribit scores 59 (C) on agent readiness against Bybit's 57.3 (C), and leads in 3 of 7 scored categories. Bybit leads on payments \u0026 pricing and transparency \u0026 trust.\n\n### Do Bybit and Deribit need an API key?\n\nBoth need an API key.\n\n### Can an agent call Bybit and Deribit without installing anything?\n\nBybit runs on your own machine, with no hosted endpoint listed. No hosted endpoint is listed for Deribit.\n\n\n## For agents\n\n- This comparison as JSON: https://www.anchorterminal.com/compare/bybit-vs-deribit.json, and with the fewest tokens: https://www.anchorterminal.com/compare/bybit-vs-deribit.min.md\n- Over MCP at https://www.anchorterminal.com/mcp (no key): `compare_tools {\"a\": \"bybit\", \"b\": \"deribit\"}`. From a terminal: `anchor compare bybit deribit`\n- Each listing in full: https://www.anchorterminal.com/api/v1/tools/bybit.json and https://www.anchorterminal.com/api/v1/tools/deribit.json\n\n## Other comparisons with Bybit or Deribit\n\n- [Bitfinex API vs Bybit](https://www.anchorterminal.com/compare/bitfinex-vs-bybit.md)\n- [Bitfinex API vs Deribit](https://www.anchorterminal.com/compare/bitfinex-vs-deribit.md)\n- [Bitget vs Bybit](https://www.anchorterminal.com/compare/bitget-vs-bybit.md)\n- [Bitget vs Deribit](https://www.anchorterminal.com/compare/bitget-vs-deribit.md)\n- [Bithumb Open API vs Bybit](https://www.anchorterminal.com/compare/bithumb-vs-bybit.md)\n- [Bithumb Open API vs Deribit](https://www.anchorterminal.com/compare/bithumb-vs-deribit.md)\n- [Bitstamp API vs Bybit](https://www.anchorterminal.com/compare/bitstamp-vs-bybit.md)\n- [Bitstamp API vs Deribit](https://www.anchorterminal.com/compare/bitstamp-vs-deribit.md)\n- [Bybit vs Coinbase Advanced Trade API](https://www.anchorterminal.com/compare/bybit-vs-coinbase-advanced-trade.md)\n- [Bybit vs Coinbase MCP server (Coinbase for Agents)](https://www.anchorterminal.com/compare/bybit-vs-coinbase-mcp.md)\n- [Bybit vs Crypto.com Exchange API](https://www.anchorterminal.com/compare/bybit-vs-crypto-com-exchange.md)\n- [Bybit vs dYdX](https://www.anchorterminal.com/compare/bybit-vs-dydx.md)\n- [Bybit vs Gate](https://www.anchorterminal.com/compare/bybit-vs-gate-io.md)\n- [Bybit vs Gemini Exchange API](https://www.anchorterminal.com/compare/bybit-vs-gemini-exchange.md)\n- [Bybit vs HTX trading API](https://www.anchorterminal.com/compare/bybit-vs-htx.md)\n- [Bybit vs Hyperliquid](https://www.anchorterminal.com/compare/bybit-vs-hyperliquid.md)\n- [Bybit vs Kraken API](https://www.anchorterminal.com/compare/bybit-vs-kraken.md)\n- [Bybit vs KuCoin](https://www.anchorterminal.com/compare/bybit-vs-kucoin.md)\n- [Bybit vs MEXC API](https://www.anchorterminal.com/compare/bybit-vs-mexc.md)\n- [Bybit vs OKX API](https://www.anchorterminal.com/compare/bybit-vs-okx.md)\n- [Bybit vs Uniswap Trading API](https://www.anchorterminal.com/compare/bybit-vs-uniswap.md)\n- [Bybit vs Upbit Open API](https://www.anchorterminal.com/compare/bybit-vs-upbit.md)\n- [Crypto.com Exchange API vs Deribit](https://www.anchorterminal.com/compare/crypto-com-exchange-vs-deribit.md)\n- [Deribit vs Upbit Open API](https://www.anchorterminal.com/compare/deribit-vs-upbit.md)\n- [Binance API vs Bybit](https://www.anchorterminal.com/compare/binance-vs-bybit.md)\n- [Binance API vs Deribit](https://www.anchorterminal.com/compare/binance-vs-deribit.md)\n- [Coinbase Advanced Trade API vs Deribit](https://www.anchorterminal.com/compare/coinbase-advanced-trade-vs-deribit.md)\n- [Coinbase MCP server (Coinbase for Agents) vs Deribit](https://www.anchorterminal.com/compare/coinbase-mcp-vs-deribit.md)\n- [Deribit vs Uniswap Trading API](https://www.anchorterminal.com/compare/deribit-vs-uniswap.md)\n- [Deribit vs dYdX](https://www.anchorterminal.com/compare/deribit-vs-dydx.md)\n- [Deribit vs Gate](https://www.anchorterminal.com/compare/deribit-vs-gate-io.md)\n- [Deribit vs Gemini Exchange API](https://www.anchorterminal.com/compare/deribit-vs-gemini-exchange.md)\n- [Deribit vs HTX trading API](https://www.anchorterminal.com/compare/deribit-vs-htx.md)\n- [Deribit vs Hyperliquid](https://www.anchorterminal.com/compare/deribit-vs-hyperliquid.md)\n- [Deribit vs Kraken API](https://www.anchorterminal.com/compare/deribit-vs-kraken.md)\n- [Deribit vs KuCoin](https://www.anchorterminal.com/compare/deribit-vs-kucoin.md)\n- [Deribit vs MEXC API](https://www.anchorterminal.com/compare/deribit-vs-mexc.md)\n- [Deribit vs OKX API](https://www.anchorterminal.com/compare/deribit-vs-okx.md)\n",
  "meta": {
    "attribution": "Anchor Terminal (https://www.anchorterminal.com)",
    "attributionRequired": true,
    "credit": "CC BY 4.0, credit Anchor Terminal and link the page or API address you took it from (https://www.anchorterminal.com/terms/#data)",
    "docs": "https://www.anchorterminal.com/docs/",
    "generatedAt": "2026-11-04",
    "license": "CC-BY-4.0",
    "method": "https://www.anchorterminal.com/benchmark/",
    "methodology": "0.7",
    "openapi": "https://www.anchorterminal.com/openapi.json",
    "preview": false,
    "run": "2026-10-01",
    "runLabel": "October 2026 research run",
    "terms": "https://www.anchorterminal.com/terms/#data"
  },
  "page": {
    "breadcrumbs": [
      {
        "name": "Home",
        "url": "https://www.anchorterminal.com/"
      },
      {
        "name": "Compare",
        "url": "https://www.anchorterminal.com/compare/"
      },
      {
        "name": "Bybit vs Deribit",
        "url": ""
      }
    ],
    "description": "Deribit scores 59 (C) to Bybit's 57.3 (C) for exchange market data. Prices, MCP, x402, uptime and agent notes side by side.",
    "facts": [
      "Bybit C 57.3",
      "Deribit C 59",
      "scores"
    ],
    "h1": "Bybit vs Deribit",
    "image": "https://www.anchorterminal.com/assets/og/default.png",
    "path": "/compare/bybit-vs-deribit",
    "published": "2026-10-01",
    "section": "tools",
    "title": "Bybit vs Deribit for AI agents in 2026: scores and prices",
    "toc": null,
    "updated": "2026-11-04",
    "url": "https://www.anchorterminal.com/compare/bybit-vs-deribit"
  },
  "tokens": {
    "markdown": 4100,
    "slim": 2030
  },
  "version": 1
}
