Coinbase Derivatives, the CFTC-regulated futures arm of Coinbase, will launch 24/7 futures trading for a suite of altcoins starting December 5, 2025, representing one of the largest expansions of regulated crypto derivatives in the United States. The rollout includes perpetual-style futures for Cardano (ADA), Avalanche (AVAX), Dogecoin (DOGE), Shiba Inu (SHIB), and other assets like Bitcoin Cash, Chainlink, Hedera, Litecoin, Polkadot, Stellar, and SUI.
The new contracts will function similarly to perpetual swaps with a funding-rate mechanism but feature a five-year expiration date, blending long-duration futures with perpetual-style pricing. This initiative builds on Coinbase's existing 24/7 futures for Bitcoin, Ethereum, Solana, and XRP, which saw rapid institutional adoption earlier in 2025.
According to a post on X from Coinbase Markets, 24/7 trading for all altcoin monthly futures will go live on December 5, followed by the introduction of U.S. perpetual-style futures for these altcoins on December 12. The expansion aims to provide deep liquidity, risk-hedging tools, and attract professional traders amid elevated market volatility, with recent declines in Bitcoin, Ethereum, and Dogecoin prices highlighting the need for regulated derivatives access.
This move follows Coinbase's historic $2.9 billion acquisition of Deribit and aligns with growing institutional demand for compliant trading venues, positioning Coinbase Derivatives as a comprehensive provider in the U.S. market.