Coinbase Derivatives will launch two new “perpetual-style” futures contracts for Bitcoin and Ethereum on July 21, aiming to give U.S. traders a safe and regulated option instead of relying on offshore exchanges. The move fills a major gap in the U.S. derivatives market, where these types of futures are not yet common.
According to a blog post by the company, the new contracts include the Nano Bitcoin Perpetual Futures, which represent 0.01 BTC, and the Nano Ether Perpetual Futures, representing 0.10 ETH. They will offer 24/7 trading, five-year expirations, and a funding rate that adjusts every hour to help the price stay close to the real market value, while settlement will happen twice a day.
Perpetual futures are widely used in global crypto markets and often make up nearly 90% of all trading volume. But in the U.S., many traders use offshore sites to get in on the action, which can pose regulatory and safety risks. Coinbase says its new products offer a safer and fully regulated alternative within U.S. borders.
The company emphasized that these futures are designed to mirror the functionality of global perpetual futures while staying fully compliant with rules set by the Commodity Futures Trading Commission (CFTC). This aims to make trading easier by letting users pick trade sizes that fit their budget and get more value from their money.
Notably, right after the announcement was made, Coinbase’s stock (COIN) rose at an impressive rate. At the time of writing, COIN is trading at $377, a 6% increase in the last 24h and a 52.14% YTD.
The company also teased that more information on where and how users can access these features through Coinbase’s partners will be revealed soon
Meanwhile, a few days ago, Coinbase secured a MiCA license in Luxembourg. This allows it to offer services across all 27 EU countries under a single regulatory framework, opening access to about 450 million people.
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