Head to head · Exchange market data · October 2026 research run
Deribit vs Upbit Open API
Deribit scores 59 (C) on agent readiness against Upbit Open API's 54.7 (C), and leads in 5 of 7 scored categories. Upbit Open API leads on maintenance & community and transparency & trust. Both do exchange market data.
Best crypto exchange APIs and MCP servers for AI agents · All 210 exchanges comparisons
Which one, for what
Deribit C
Best for An agent trading crypto options, dated futures and perpetuals for an institutional or retail Deribit account, and anyone migrated from Coinbase International Exchange.
Ahead on
- Schema & documentation, 88 against 66
- Payments & pricing, 25 against 15
Watch for
No official MCP server, and the GitHub organisation has no public repositories, so no official SDK in any language
Best for KRW-market trading for agents acting for a verified Korean account, with first-party SDKs, a CLI and skills but no MCP.
Ahead on
- Maintenance & community, 83 against 65
- Transparency & trust, 54 against 46
Watch for
No MCP server; the agent route is the CLI through skills, which need a terminal
Why the edge
Each category where one leads by five points or more, with the reason behind each side's score from its assessment. The numbers are in the table below; this is what they stand for.
Schema & documentation Deribit +22
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.
Upbit Open API 66
No OpenAPI found; the reference is a readme.io site with a Markdown twin of every page (5 of 25). llms.txt on docs.upbit.com and a kr/llms.txt index (10). Each reference page states what the endpoint does, its group and its errors, with warnings such as market_offline after maintenance (14 of 20). Typed parameters with enums for order type, side and time in force and required flags (11 of 15). Recipes in Python, Java and Node.js and an error format of error.name and error.message with HTTP statuses (13 of 15). Feature versions in page histories (v1.6.1) and dated notices with effective dates, no single API version (13 of 15). 5 + 10 + 14 + 11 + 13 + 13 = 66.
Maintenance & community Upbit Open API +18
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.
Upbit Open API 83
Read as a closed service. SDK v1.1.0 on 20 October 2026 (30). The CLI 1.0.0 on 1 September, the rate-limit update of 7 October, the SDK on 20 October and the path-format notice for 16 November 2026 (20). open-api@upbit.com answers in turn on weekdays per the support notice, notices carry dates, and the six upbit-official repositories show no open issues (12 of 15). Current official SDKs in Python, TypeScript and Go (15). Apache-2.0 repositories pushed in October 2026; CI not checked (6 of 10). 30 + 20 + 12 + 15 + 6 = 83.
Payments & pricing Deribit +10
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.
Upbit Open API 15
No machine payment protocol (0). The fee schedule is on upbit.com, which disallows every crawler path, so no price is recorded (0 of 20, unchecked). Public quotation endpoints need no key, card or account; trading needs a verified Korean account. Judgement call (15 of 20). A person must sign up, pass identity checks and issue keys on the PC web site (0). 0 + 0 + 15 + 0 = 15.
Transparency & trust Upbit Open API +8
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.
Upbit Open API 54
The editorial half. A closed service whose user and Open API terms could not be fetched under upbit.com's robots.txt, and whose SDK licence page calls the SDK material not open source while the repositories carry Apache-2.0 (8 of 30). The developer centre's privacy policy names Dunamu Inc., gives retention periods and names Zendesk in Japan; the main privacy policy was not read (14 of 30). Notices with effective dates, including the path-format change and the deprecated Remaining-Req min field (12 of 20). Zendesk and Google Analytics named with a location for the developer centre only (8 of 20). 8 + 14 + 12 + 8 = 42.
Score by category
| Category | Weight this run | Deribit | Upbit Open API | Edge |
|---|---|---|---|---|
| Reliability | 16%20 | 45 | 42 | Deribit +3 |
| Performance | 10%pending | pending | pending | not scored in this run |
| Schema & documentation | 13%16.2 | 88 | 66 | Deribit +22 |
| Agent ergonomics | 13%16.2 | 74 | 70 | Deribit +4 |
| Security & auth | 14%17.5 | 62 | 59 | Deribit +3 |
| Payments & pricing | 10%12.5 | 25 | 15 | Deribit +10 |
| Task success | 10%pending | pending | pending | not scored in this run |
| Maintenance & community | 7%8.8 | 65 | 83 | Upbit Open API +18 |
| Transparency & trust | 7%8.8 | 46 | 54 | Upbit Open API +8 |
| Negative events | ≤15 | 0 | 0 | |
| Total | C 59/100 | C 54.7/100 |
Facts side by side
| Fact | Deribit | Upbit Open API |
|---|---|---|
| Kind | HTTP API | HTTP API |
| Vendor | Deribit FZE | Dunamu Inc. |
| Hosted endpoint | no (local only) | no (local only) |
| Transports | ||
| Auth | API key | API key |
| Pricing | Pay per use | Pay per use |
| 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 | none |
| Tools exposed | 0 | 0 |
| Read-only variant documented | no | no |
| llms.txt | yes | yes |
| Last release | 2026-10-13 | 2026-10-20 |
| Terms last updated | 2026-08-13 | no document linked |
| Privacy policy last updated | no document linked | no date given |
| Customer content may train models | not found in the text | not read yet |
| Terms restrict automated access | yes | not read yet |
| Terms restrict benchmarking | not found in the text | not read yet |
| Terms or service can change without notice | not found in the text | not read yet |
| Arbitration or class-action waiver | not found in the text | not read yet |
| Popularity | none | 91 stars |
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.
Upbit Open API
Upbit's Open API has a mandatory IP allow-list, scoped keys with a default withdrawal lock, per-group rate limits with 429 and 418 signalling, an order-test endpoint, official SDKs, a CLI and agent skills with a CONFIRM gate. There is no MCP server, sandbox or status page, and the fees and terms sit on a host our crawler may not read.
Before you call either
Deribit
- Create the key with
trade:read_writeandwallet:none, anip:limit and anexpiresvalue; keepaccount:readunless the task edits subaccounts - Authenticate with
client_signatureor an Ed25519 key over WebSocket rather thanclient_credentialsover HTTP, which puts the secret in the URL - Watch the
limitsfield ofprivate/get_account_summaryand back off on error 10028; a session that runs out of credits is closed and must reconnect - Send a
noncewith orders so a retry after a timeout does not place a second order, and treatorder_not_foundon cancel as a possible fill - Develop against https://test.deribit.com/api/v2 first; production and test need separate accounts and keys
Upbit Open API
- Ask the person for a key with only the functions the task needs and your server's public IPv4 address registered; a private or unregistered IP is refused
- Sign every request with a fresh JWT (HS512, new nonce, SHA512 query hash) and branch on error.name, not error.message
- Run POST /v1/orders/test before a live order; it costs nothing and shares the 8-a-second order-test group
- Read Remaining-Req and keep orders under 12 a second per pocket; on 429 wait for the next second and on 418 wait out the stated block
- Leave the withdrawal safe-lock on unless the person lifts it in the app, and send paths with single slashes and no trailing slash before 16 November 2026
Questions
Which is better for AI agents, Deribit or Upbit Open API?
Deribit scores 59 (C) on agent readiness against Upbit Open API's 54.7 (C), and leads in 5 of 7 scored categories. Upbit Open API leads on maintenance & community and transparency & trust.
Do Deribit and Upbit Open API need an API key?
Both need an API key.
Can an agent call Deribit and Upbit Open API without installing anything?
No hosted endpoint is listed for Deribit. No hosted endpoint is listed for Upbit Open API.
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Machine-readable
- This page as Markdown
/compare/deribit-vs-upbit.md· slim.min.md· JSON.json(or sendAccept: text/markdown) - Each listing in full
/api/v1/tools/deribit.json·/api/v1/tools/upbit.json - From a terminal
anchor compare deribit upbit(the CLI) - Over MCP
compare_tools {"a": "deribit", "b": "upbit"}at/mcp, no key