Coinbase Futures has announced the launch of a new U.S.-regulated perpetual-style futures product on July 21, aiming to provide a local, regulated alternative to the global offshore market. This product, termed "US Perpetual-Like Futures," is designed to mirror the trading dynamics of international perpetual futures, which are often adopted by U.S. markets like margin accounts for trading global cryptocurrency offerings. Coinbase stated that these new products will offer a regulated,全方位 environment for U.S. investors, addressing regulatory, custody, and counterparty risk concerns currently prevalent with traditional U.S.-outside exchange perpetual trading models.
The first phase of the launch includes perpetual-style futures for nano Bitcoin (0.01 BTC) and nano Ether (0.10 ETH), each with a five-year maturity. These contracts will be open to the public anytime and will trade 24/7. A funding rate mechanism will be implemented, ensuring the contracts remain aligned with spot market prices. The funding will be processed hourly and collected during designated cash adjustment periods twice daily, providing liquidity and stability for investors.
Coinbase explained that the move aims to eliminate regulatory, custodial, and financial risk difficulties faced by U.S. investors using traditional U.S.-outside过年 perpetual trading. By offering a regulated, convenient, and secure alternative, Coinbase aims to democratize access to the global cryptocurrency market within the U.S., making it a more attractive alternative market for U.S.-localized investors. The introduction of U.S.-regulated perpetual products is expected to promote efficiency, flexibility, and innovation in the U.S. market.
Coinbase emphasized that these new futures will offer users a sense of regulated access to the cryptocurrency market and provide confident, standardized, and cost-effective position sizing options. Additionally, they aim to achieve higher capital efficiency compared to out-of-region perpetual trading. This approach reflects Coinbase’s commitment to enhancing affordability in the U.S. ste反对("/^m" competition at the expense of affordability /S).
As a result of the launch, Coinbase aims to set a precedent for regulated cryptocurrency markets in the U.S. to improve access, foster trust, and create a more robust ecosystem for cryptocurrency trading. This move is part of Coinbase’s broader strategy to expand market penetration into regulated markets and enhance the regulatory environment for U.S. businesses and investors.
This is not investment advice.
This is not investment advice.
