Coinbase has announced the upcoming launch of perpetual futures trading services for US users starting July 21, 2025. These services will be regulated by the U.S. Commodity Futures Trading Commission (CFTC).
Launch of Trading Services at a New Level
Starting July 21, 2025, US users will be able to participate in trading perpetual futures through the Coinbase Financial Markets (CFM) platform. This event opens new opportunities for market participants previously limited to more traditional futures.
Regulation and Benefits of Perpetual Futures
The initial wave of contracts includes nano Bitcoin and Ether perpetual-style futures. These contracts allow traders to use leverage without a monthly expiration date, mirroring the functionality of global perpetual futures. The launch of this service could increase market participation and overall trading volume.
Historical Context and Market Impact
The introduction of perpetual futures on regulated platforms in the US provides traders with a safer alternative to offshore exchanges. Market analysis suggests that Coinbase's initiative could attract significant institutional investment, thereby enhancing liquidity and adoption.
The launch of perpetual futures trading on the Coinbase platform in 2025 could significantly change market dynamics and open up new opportunities for both institutional investors and retail traders.