Coinbase announced its upcoming launch of American-style perpetual futures through the Coinbase Derivatives Exchange, set for July 21. These products will comply fully with U.S. regulations.
Launch of US-Compliant Perpetual Futures
The launch of Coinbase's new perpetual futures in the US market represents a significant step in providing US traders with a regulated alternative to offshore markets.
New Opportunities for Traders
Boris Ilyevsky, Head of Coinbase Derivatives Exchange, noted that the new Nano Bitcoin and Ether contracts will enhance liquidity and simplify the trading process. He stated, "Our new US Perpetual-Style Futures contracts eliminate the need for offshore workarounds, offering traders a domestic, regulated alternative with the same utility."
Market Prepares for Coinbase Launch
According to CoinMarketCap, perpetual futures account for over 90% of all crypto derivatives activity. Such products are an attractive option for US traders seeking compliant alternatives.
The anticipation for Coinbase's launch of American-style perpetual futures on July 21 suggests a potential impact on the liquidity and dynamics of the derivatives market within the US.
