Coinbase Launches CFTC-Regulated Perpetual Futures for U.S. Users

Coinbase has announced the launch of CFTC-regulated perpetual futures trading for U.S. customers. The new offering includes Bitcoin (BTC) and Ethereum (ETH) contracts, featuring up to 10x leverage and expirations extending out to five years.

The introduction of these futures contracts marks a significant step for Coinbase in expanding its derivatives offerings in the U.S. market. The move comes on the heels of increased regulatory clarity, bolstered by the recent passage of the GENIUS and Clarity Acts, which provide a more defined framework for digital asset derivatives under the oversight of the Commodity Futures Trading Commission (CFTC).

“Perpetual futures are a powerful tool for traders, and we’re thrilled to bring this product to our U.S. customers in a regulated and transparent manner,” said a Coinbase spokesperson. “The recent regulatory advancements have enabled us to innovate responsibly, offering sophisticated trading options while prioritizing compliance and user protection.”

The Bitcoin and Ethereum perpetual futures contracts allow traders to speculate on price movements without an expiration date, a feature that distinguishes them from traditional futures. With leverage up to 10x, users can amplify their exposure, while the five-year expiration option provides flexibility for long-term strategies.

Coinbase’s entry into CFTC-regulated perpetual futures follows its ongoing efforts to bridge traditional finance and the crypto economy. The exchange has emphasized its commitment to working closely with regulators to ensure compliance while expanding access to advanced financial products for its U.S. user base.

The launch is expected to attract both retail and institutional traders seeking regulated avenues to engage with crypto derivatives. Coinbase plans to explore additional perpetual futures contracts for other digital assets, pending market demand and regulatory approval.