XML 94 R84.htm IDEA: XBRL DOCUMENT
v3.22.2.2

DERIVATIVES - Schedule of gains (losses) recorded in income (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2022 | Sep. 30, 2021 | Sep. 30, 2022 | Sep. 30, 2021
Not designated as hedging instruments |  |  |  |
Not designated as hedging instruments |  |  |  |
Derivatives | $ (195,096) | $ (75,999) | $ 176,347 | $ 105,558
Hedged Items | 207,035 | 75,143 | (166,567) | (93,973)
Income Statement Impact | 11,939 | (856) | 9,780 | 11,585
Crypto asset borrowings with embedded derivatives | Designated as fair value hedging instruments |  |  |  |
Not designated as hedging instruments |  |  |  |
Derivatives | (211,110) | (75,999) | 148,959 | 105,558
Hedged Items | 207,112 | 75,143 | (154,228) | (93,973)
Income Statement Impact | (3,998) | (856) | (5,269) | 11,585
Crypto asset borrowings with embedded derivatives | Not designated as hedging instruments |  |  |  |
Not designated as hedging instruments |  |  |  |
Derivatives |  |  | 6,626 | 0
Hedged Items |  |  | 0 | 0
Income Statement Impact |  |  | 6,626 | 0
Crypto asset futures | Designated as fair value hedging instruments |  |  |  |
Not designated as hedging instruments |  |  |  |
Derivatives | 225 | 0 | 13,237 | 0
Hedged Items | (77) | 0 | (12,339) | 0
Income Statement Impact | 148 | 0 | 898 | 0
Crypto asset futures | Not designated as hedging instruments |  |  |  |
Not designated as hedging instruments |  |  |  |
Derivatives | (566) | 0 | (1,077) | 0
Hedged Items | 0 | 0 | 0 | 0
Income Statement Impact | (566) | 0 | (1,077) | 0
Accounts receivable denominated in crypto assets | Not designated as hedging instruments |  |  |  |
Not designated as hedging instruments |  |  |  |
Derivatives | (4,213) | 0 | (14,476) | 0
Hedged Items | 0 | 0 | 0 | 0
Income Statement Impact | (4,213) | 0 | (14,476) | 0
Other payables denominated in crypto assets | Not designated as hedging instruments |  |  |  |
Not designated as hedging instruments |  |  |  |
Derivatives | (2,367) | 0 | 143 | 0
Hedged Items | 0 | 0 | 0 | 0
Income Statement Impact | (2,367) | 0 | 143 | 0
Foreign currency forward contracts | Not designated as hedging instruments |  |  |  |
Not designated as hedging instruments |  |  |  |
Derivatives | 22,935 | 0 | 22,935 | 0
Hedged Items | 0 | 0 | 0 | 0
Income Statement Impact | $ 22,935 | $ 0 | $ 22,935 | $ 0

X
- Definition Amount of gain (loss) from the increase (decrease) in fair value of derivative and nonderivative instruments designated as fair value hedging instruments recognized in the income statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 25 -Section 50 -Paragraph 1 -Subparagraph (a)(1) -URI https://asc.fasb.org/extlink&oid=121577467&loc=d3e76258-113986 + Details
Name: | us-gaap_ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of the increase (decrease) in fair value of the hedged item in a fair value hedge recognized in the income statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 25 -Section 50 -Paragraph 1 -Subparagraph (a)(1) -URI https://asc.fasb.org/extlink&oid=121577467&loc=d3e76258-113986 + Details
Name: | us-gaap_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DerivativeLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Total amount of gain (loss) derived from fair value hedges recognized in earnings in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
Name: | us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_NondesignatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=coin_EmbeddedDerivativeFinancialInstrumentsCryptoAssetBorrowingsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_DesignatedAsHedgingInstrumentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=coin_CryptoAssetFuturesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=coin_AccountsReceivableDenominatedInCryptoAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=coin_OtherPayablesDenominatedInCryptoAssetsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=coin_ForeignCurrencyForwardContractsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |