Coinbase Derivatives to Expand 24/7 Futures Trading for Multiple Altcoins

Deep News2025-11-23

Coinbase Derivatives, the derivatives arm of Coinbase Global, Inc., plans to expand its 24/7 futures trading offerings to include a wider range of altcoins such as Avalanche (AVAX), Bitcoin Cash (BCH), Cardano (ADA), Chainlink (LINK), Dogecoin (DOGE), Hedera (HBAR), Litecoin (LTC), Polkadot (DOT), Shiba Inu (SHIB), Stellar (XLM), and SUI.

According to an announcement on X (formerly Twitter) by Coinbase Markets, the round-the-clock trading for these assets will officially launch on December 5. This expansion builds upon the division’s existing services, which already provide 24/7 trading support for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Ripple (XRP), including nano futures and perpetual-style futures.

Additionally, the platform revealed in its Friday announcement that Coinbase intends to introduce U.S.-compliant perpetual futures for the aforementioned altcoins. These long-term futures function similarly to other crypto-native perpetual contracts, using a funding rate mechanism to align futures prices with spot markets. However, they feature a five-year expiration date, unlike standard perpetual contracts, which have no expiry.

Coinbase’s derivatives division, regulated by the U.S. Commodity Futures Trading Commission (CFTC), launched 24/7 futures trading for Bitcoin and Ethereum in May this year, followed by perpetual futures in July. These product rollouts came shortly after Coinbase’s historic $2.9 billion acquisition of cryptocurrency derivatives exchange Deribit.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment