Coinbase has launched stock perpetual futures, allowing global traders to gain continuous, leveraged exposure to major US stocks. This new offering marks Coinbase's expansion into traditional assets, catering to a growing demand for around-the-clock trading.
#Why Utilize Perpetual Futures for Stocks?
Utilizing perpetual futures for stocks addresses the limitations faced by traditional US stock exchanges, which operate only during specific hours and are unavailable on weekends and holidays. Unlike standard futures contracts, perpetual futures do not have an expiration date. They continuously track the spot price of the underlying asset via a funding rate mechanism, ensuring that you can enter and exit positions at any time without worrying about expiration.
#What Stocks are Included?
The new product features trading for several key technology stocks, notably Apple, Microsoft, Amazon, Alphabet, NVIDIA, Meta, Tesla, and a range of ETFs. Perpetual futures on these assets can be traded 24/7 by eligible international users, offering leverage of up to 10 times on individual stocks and up to 20 times on ETFs. These contracts settle in USD Coin, a stablecoin pegged to the US dollar, allowing traders to amplify their positions without traditional brokerage hurdles.
#How Does This Benefit Traders?
Through this innovative trading format, international traders can capitalize on US equity movements efficiently and effectively. Coinbase’s advanced trading interface provides easy access for retail users, while institutional traders have the option to utilize Coinbase's international exchange. The cross-margining feature enhances capital efficiency by allowing traders to manage their futures and spot positions within a unified system.
#What Led to This Expansion?
The groundwork for this significant shift in offerings stems from a series of regulatory achievements and the introduction of crypto perpetual futures for US retail customers in 2025. By obtaining a license from the Cyprus Securities and Exchange Commission and strategically aligning this launch with previous rollouts across several European countries, Coinbase is positioned to lead in the derivatives market. This expansion not only fulfills a growing demand for continuous trading but also supports Coinbase’s vision of creating a comprehensive platform for diverse asset classes.