Market Research

Coinbase Derivatives Launches 24/7 Bitcoin and Ethereum Futures

Coinbase Derivatives, LLC, a futures exchange regulated by the U.S. Commodity Futures Trading Commission (CFTC), is preparing to launch the first 24/7 Bitcoin and Ethereum futures contracts in the United States. The initiative marks a major step forward, providing continuous access for traders and providing more effective risk mitigation tools.

Expanding Market Access and Liquidity
With the launch of non-disruptive futures trading, Coinbase Derivatives reflects the continuous nature of the cryptocurrency spot market. This innovation eliminates the barriers of traditional trading schedules and rigid expiry times, allowing retail and institutional investors to adjust positions more flexibly. Coinbase says this strategy aims to increase liquidity across the entire market.

Responding to growing demand from the U.S. crypto community, Coinbase Derivatives has worked closely with regulators and industry partners to ensure compliance while maintaining a competitive market. This effort not only enhances investor protection but also brings U.S. futures trading closer to international standards.

Flexible futures, accommodating a variety of trading methods
According to Coinbase, the 24/7 futures will have a wide range of sizing options, catering to trading strategies from micro to macro. The trading infrastructure is powered by Nodal Clear, ensuring compliance with CFTC clearing protocols. This partnership aims to deliver a seamless trading experience from day one.

One of the highlights of the new product is the perpetual-style futures contract, with extended expiry periods that overcome the limitations of fixed-maturity instruments. Coinbase believes this will help close the parity gap that US traders have previously faced when compared to international markets, thereby improving competitiveness.

A milestone in the US crypto derivatives industry
Coinbase Derivatives expects that this new trading ecosystem will not only promote market transparency but also improve operational efficiency. Providing seamless trading tools suitable for a wide range of investors will set a new benchmark in the US crypto futures market.

In addition, this launch also highlights the advancements in the US regulatory framework, reflecting the balance between financial innovation and investor protection. Coinbase believes that this is an important milestone, marking a transformation in the way US traders access the crypto market, while opening up more opportunities for the growth of the entire industry.