Coinbase Institutional said in a post that since the launch of the US perpetual contract, the transaction volume has reached a record high, the cumulative transaction volume has exceeded 7 billion US dollars, and the transaction contract has exceeded 13 million, providing 24/7 trading services in four markets (Bitcoin, Ethereum, XRP, Solana), and is constantly expanding the product line.
Coinbase Derivatives announced that it will launch US Perpetual-Style Futures on July 21, one of the first of its kind in the United States. The product will comply with CFTC regulations and provide a leveraged trading experience that tracks spot prices closely. The first contracts to be launched include nano bitcoin perpetual futures (0.01 BTC) and nano ethereum perpetual futures (0.10 ETH). These products use a funding rate mechanism to align futures prices with the cash market and offer 24/7 ...