Coinbase, a leading cryptocurrency exchange, has announced the imminent launch of Commodity Futures Trading Commission (CFTC)-compliant perpetual futures for US traders. This new offering, revealed during the Crypto Summit in New York by Max Branzburg, Coinbase's Vice President of Product, represents the first instance of regulated perpetual futures in the US crypto derivatives market.
The initial products will include perpetual futures for Bitcoin (BTC) and Ethereum (ETH), followed by plans to add XRP and several other major altcoins. Unlike standard futures contracts, perpetual futures do not have expiry dates and offer continuous pricing, giving traders greater flexibility and leverage options.
This move signals growing regulatory acceptance within the US and is expected to enhance liquidity and broaden market access for both retail and institutional participants. Coinbase emphasizes strict compliance with CFTC regulations through Coinbase Derivatives, LLC to maintain transparency and build institutional trust.
The platform recently launched 24/7 futures trading for BTC and ETH and has seen stable volume and demand, prompting further expansion into more complex derivatives. Coinbase is also upgrading infrastructure and monitoring systems to support anticipated increases in trading volumes as the new products roll out in stages for smooth adoption.
Additionally, Coinbase’s effort aligns with a broader shift in regulatory openness toward crypto derivatives, as indicated by CFTC officials. The exchange also announced a partnership with Stripe to facilitate USDC payments for Spotify, exemplifying its strategy to integrate crypto assets into mainstream ecosystems securely and compliantly.