The cryptocurrency exchange Coinbase has expanded opportunities for users in the US by launching perpetual futures through its subsidiary, Coinbase Financial Markets. Starting July 21, 2025, American traders can enter into futures contracts that do not have an expiration date. All transactions are conducted under the oversight of the Commodity Futures Trading Commission (CFTC), ensuring transparency and security for market participants.
This is reported by Business • Media
Details of the New Product
At launch, clients have access to trading pairs with Bitcoin and Ethereum. A key feature of perpetual futures is the absence of monthly expiration dates, allowing positions to be held for up to five years. Traders have the opportunity to use leverage of up to 10x when day trading cryptocurrencies. Additionally, in the case of metals, including gold and silver, the leverage increases to 20x. The contract fee starts at 0.02%, making the product attractive to a wide range of users.
“Coinbase positions the new initiative as a way to make a popular global derivative safer and more regulated for the US market.”
Future Plans for Coinbase
In June 2025, the subsidiary Coinbase Derivatives announced plans to implement the use of the USDC stablecoin as collateral for futures trading. This move aims to further expand the toolkit for traders and enhance the flexibility of financial operations on the platform.