# Deribit vs Uniswap Trading API

> Uniswap Trading scores 63.3 (B) to Deribit's 59 (C) for exchange spot trading. Prices, MCP, x402, uptime and agent notes side by side.

- Canonical: https://www.anchorterminal.com/compare/deribit-vs-uniswap
- Markdown: https://www.anchorterminal.com/compare/deribit-vs-uniswap.md (~3,700 tokens)
- Site index for agents: https://www.anchorterminal.com/llms.txt (the key docs and every listing in one file, at most 16 MB, about 4 million tokens: https://www.anchorterminal.com/llms-full.txt)
- API: https://www.anchorterminal.com/api/v1/index.json
- MCP: https://www.anchorterminal.com/mcp (the whole catalogue as tools, no key)
- DNS: dig +short TXT <slug>.grade.anchorterminal.com (the grade as a DNS TXT record, for a sandbox with no HTTP where names still resolve; also top., best.<category>. and <a>.vs.<b>. under the zone, and the same under grade.letme.dev)
- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)
- Updated: 2026-11-04

Uniswap Trading API scores 63.3 (B) on agent readiness against Deribit's 59 (C), and leads in 5 of 7 scored categories. Both do exchange spot trading.

- 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
- Uniswap Trading API: grade B, 63.3/100, rank #470 of 1349. Markdown https://www.anchorterminal.com/tools/uniswap.md · JSON https://www.anchorterminal.com/api/v1/tools/uniswap.json
- Best crypto exchange APIs and MCP servers for AI agents: https://www.anchorterminal.com/best/crypto-exchanges/index.md
- All 210 exchanges comparisons: https://www.anchorterminal.com/compare/crypto-exchanges/index.md

## Which one, for what

### Deribit (C)

Good for: An agent trading crypto options, dated futures and perpetuals for an institutional or retail Deribit account, and anyone migrated from Coinbase International Exchange.

Watch for: No official MCP server, and the GitHub organisation has no public repositories, so no official SDK in any language

### Uniswap Trading API (B)

Good for: An agent swapping or bridging tokens from its own wallet on 21 EVM chains, or managing liquidity positions, with routing done for it.

Ahead on:
- Payments & pricing, 40 against 25
- Maintenance & community, 88 against 65
- Transparency & trust, 55 against 46

Also in its favour:
- Free to start without a card

Watch for: No official MCP server; the registry's Uniswap entries are third parties


## Why the edge

### Maintenance & community: Uniswap Trading API +23

- Deribit (65): Read as a closed service. The JSON-RPC changelog's latest production entry is 13 October 2026 and an entry dated 5 November 2026 describes the next release; Deribit's posts of 14 October and 2 November 2026 change fees (30). Entries of 18 August, 15 September and 13 October 2026, three in 90 days (20). A public changelog and a support site; whether support answers wasn't tested and the support site refused our reader (10 of 15). No official SDK and no MCP registry entry (0). The OpenAPI and AsyncAPI files are maintained with the docs (5 of 10). Total 65.
- Uniswap Trading API (88): Read as a closed hosted service. The newest changelog notice is dated 22 October 2026 (30). Notices of 20 August, 21 September and 22 October 2026, three in 90 days (20). A help form for developer support that says it won't debug integrators' code, and uniswap-ai with 6 open issues and a push on 26 October (14 of 25). Official TypeScript SDKs current (@uniswap/v4-sdk 2.4.4 with provenance) and the uniswap-ai skills, though no client for the API itself; no MCP registry entry (15). Trusted publishing with provenance on npm, CI and lint hooks on uniswap-ai (9 of 10). Total 88.

### Payments & pricing: Uniswap Trading API +15

- 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.
- Uniswap Trading API (40): No machine payment protocol on the API's endpoints; the `pay-with-any-token` skill lets an agent pay other services' 402 challenges by swapping, which earns nothing here (0). The API is free, stated in the FAQ and the 16 April 2026 post, and integrator fees are capped at 500 bips (20). No card and no plan (20). A person creates an account in the dashboard to get a key (0). Total 40.

### Transparency & trust: Uniswap Trading API +9

- 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.
- Uniswap Trading API (55): The editorial half. The API is closed under API Terms of Use that answered 403; the SDKs and uniswap-ai are MIT and the protocol contracts are open source (15 of 30). No privacy policy read (app.uniswap.org draws by script) and nothing in the docs on retention of quotes or wallet addresses (0 of 30). A published sunset policy of at least 30 days, ideally 60, with dated notices such as the Universal Router 2.0 and 2.1.1 sunset of 21 October 2026 (20). No subprocessors or data locations (0 of 20). Total 35.

## Score by category

| Category | Weight | Deribit | Uniswap Trading API | Edge |
| --- | --- | --- | --- | --- |
| Reliability | 16% (20 this run) | 45 | 42 | Deribit +3 |
| Performance | 10%, pending | pending | pending | not scored in this run |
| Schema & documentation | 13% (16.2 this run) | 88 | 90 | Uniswap Trading API +2 |
| Agent ergonomics | 13% (16.2 this run) | 74 | 72 | Deribit +2 |
| Security & auth | 14% (17.5 this run) | 62 | 63 | Uniswap Trading API +1 |
| Payments & pricing | 10% (12.5 this run) | 25 | 40 | Uniswap Trading API +15 |
| Task success | 10%, pending | pending | pending | not scored in this run |
| Maintenance & community | 7% (8.8 this run) | 65 | 88 | Uniswap Trading API +23 |
| Transparency & trust | 7% (8.8 this run) | 46 | 55 | Uniswap Trading API +9 |
| Negative events | ≤15 | 0 | 0 | |
| **Total** | | **59 · C** | **63.3 · B** | |

## Facts side by side

| Fact | Deribit | Uniswap Trading API |
| --- | --- | --- |
| Kind | HTTP API | HTTP API |
| Vendor | Deribit FZE | Uniswap Labs |
| Hosted endpoint | no (local only) | no (local only) |
| Transports |  |  |
| Auth | API key | API key |
| Pricing | Pay per use | Free |
| x402 | no | no |
| Licence | Proprietary hosted exchange. The API is documented under the Deribit docs with an OpenAPI 3.0 file; no official client library is published | The Trading API is a proprietary hosted service under Uniswap Labs' API Terms of Use, which we couldn't read; the SDKs and the uniswap-ai skills are MIT. Swaps execute on the open-source Uniswap protocol contracts on chain |
| Tools exposed | 0 | 0 |
| Read-only variant documented | no | no |
| llms.txt | yes | yes |
| Last release | 2026-10-13 | 2026-10-22 |
| Terms last updated | 2026-08-13 | couldn't be read |
| Privacy policy last updated | no document linked | no document linked |
| Customer content may train models | not found in the text | couldn't be read |
| Terms restrict automated access | yes | couldn't be read |
| Terms restrict benchmarking | not found in the text | couldn't be read |
| Terms or service can change without notice | not found in the text | couldn't be read |
| Arbitration or class-action waiver | not found in the text | couldn't be read |
| Popularity | none | 236 stars, 154k npm/wk |

## Verdicts

**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.

**Uniswap Trading API.** The Trading API is free, documented by an OpenAPI file with stable error codes, holds no keys since the caller signs every swap, and posts sunset notices 30 days ahead. There is no official MCP server, status page or sandbox, the key is a plain header secret at 6 requests a second, and the API terms refused our reader.

## Before you call either

### Deribit

1. 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
2. Authenticate with `client_signature` or an Ed25519 key over WebSocket rather than `client_credentials` over HTTP, which puts the secret in the URL
3. 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
4. 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
5. Develop against https://test.deribit.com/api/v2 first; production and test need separate accounts and keys

### Uniswap Trading API

1. Call `/check_approval` first, then `/quote`; if `permitData` is non-null sign it as EIP-712 and send `signature` and `permitData` together to `/swap` or `/order`, never one without the other
2. Route on the quote's `routing`: `CLASSIC`, `WRAP`, `UNWRAP` and `BRIDGE` go to `/swap`, `DUTCH_V2`, `DUTCH_V3` and `PRIORITY` to `/order`, `CHAINED` to `/plan`
3. Refresh any quote older than 30 seconds before broadcasting, and on 429 pause every request from the key before retrying
4. Retry unchanged only on `UpstreamTimeoutError`; `NoRouteFoundError` and `QuoteAmountTooLowError` need a different amount, token or `protocols` list
5. Send `X-Agent-Info` with `decision_origin: autonomous` and keep `x-api-key` server-side

## Questions

### Which is better for AI agents, Deribit or Uniswap Trading API?

Uniswap Trading API scores 63.3 (B) on agent readiness against Deribit's 59 (C), and leads in 5 of 7 scored categories.

### Do Deribit and Uniswap Trading API need an API key?

Both need an API key.

### Can an agent call Deribit and Uniswap Trading API without installing anything?

No hosted endpoint is listed for Deribit. No hosted endpoint is listed for Uniswap Trading API.


## For agents

- This comparison as JSON: https://www.anchorterminal.com/compare/deribit-vs-uniswap.json, and with the fewest tokens: https://www.anchorterminal.com/compare/deribit-vs-uniswap.min.md
- Over MCP at https://www.anchorterminal.com/mcp (no key): `compare_tools {"a": "deribit", "b": "uniswap"}`. From a terminal: `anchor compare deribit uniswap`
- Each listing in full: https://www.anchorterminal.com/api/v1/tools/deribit.json and https://www.anchorterminal.com/api/v1/tools/uniswap.json

## Other comparisons with Deribit or Uniswap Trading API

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- [Bitfinex API vs Uniswap Trading API](https://www.anchorterminal.com/compare/bitfinex-vs-uniswap.md)
- [Bitget vs Deribit](https://www.anchorterminal.com/compare/bitget-vs-deribit.md)
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- [Bitstamp API vs Deribit](https://www.anchorterminal.com/compare/bitstamp-vs-deribit.md)
- [Bitstamp API vs Uniswap Trading API](https://www.anchorterminal.com/compare/bitstamp-vs-uniswap.md)
- [Bybit vs Deribit](https://www.anchorterminal.com/compare/bybit-vs-deribit.md)
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- [Crypto.com Exchange API vs Deribit](https://www.anchorterminal.com/compare/crypto-com-exchange-vs-deribit.md)
- [Crypto.com Exchange API vs Uniswap Trading API](https://www.anchorterminal.com/compare/crypto-com-exchange-vs-uniswap.md)
- [Deribit vs Upbit Open API](https://www.anchorterminal.com/compare/deribit-vs-upbit.md)
- [dYdX vs Uniswap Trading API](https://www.anchorterminal.com/compare/dydx-vs-uniswap.md)
- [Gate vs Uniswap Trading API](https://www.anchorterminal.com/compare/gate-io-vs-uniswap.md)
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- [HTX trading API vs Uniswap Trading API](https://www.anchorterminal.com/compare/htx-vs-uniswap.md)
- [KuCoin vs Uniswap Trading API](https://www.anchorterminal.com/compare/kucoin-vs-uniswap.md)
- [MEXC API vs Uniswap Trading API](https://www.anchorterminal.com/compare/mexc-vs-uniswap.md)
- [Binance API vs Deribit](https://www.anchorterminal.com/compare/binance-vs-deribit.md)
- [Binance API vs Uniswap Trading API](https://www.anchorterminal.com/compare/binance-vs-uniswap.md)
- [Coinbase Advanced Trade API vs Deribit](https://www.anchorterminal.com/compare/coinbase-advanced-trade-vs-deribit.md)
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- [Coinbase MCP server (Coinbase for Agents) vs Deribit](https://www.anchorterminal.com/compare/coinbase-mcp-vs-deribit.md)
- [Coinbase MCP server (Coinbase for Agents) vs Uniswap Trading API](https://www.anchorterminal.com/compare/coinbase-mcp-vs-uniswap.md)
- [Hyperliquid vs Uniswap Trading API](https://www.anchorterminal.com/compare/hyperliquid-vs-uniswap.md)
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- [OKX API vs Uniswap Trading API](https://www.anchorterminal.com/compare/okx-vs-uniswap.md)
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- [Deribit vs dYdX](https://www.anchorterminal.com/compare/deribit-vs-dydx.md)
- [Deribit vs Gate](https://www.anchorterminal.com/compare/deribit-vs-gate-io.md)
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- [Deribit vs Hyperliquid](https://www.anchorterminal.com/compare/deribit-vs-hyperliquid.md)
- [Deribit vs Kraken API](https://www.anchorterminal.com/compare/deribit-vs-kraken.md)
- [Deribit vs KuCoin](https://www.anchorterminal.com/compare/deribit-vs-kucoin.md)
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Query this catalogue directly over MCP: https://www.anchorterminal.com/mcp (Streamable HTTP, no key). How: https://www.anchorterminal.com/agents/#mcp