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Coinbase Derivatives to launch US Perpetual-Style Futures
Coinbase today announced the upcoming launch of US Perpetual-Style Futures on Coinbase Derivatives Exchange, designed to mirror the functionality of global perpetual futures while adhering to US regulatory standards. Internationally, perpetual futures have become the dominant crypto derivatives product, representing upwards of 90% of total crypto trading activity in some reports. However, perpetual futures have been largely unavailable in the US until now. Today, some US-based traders access perpetual futures through offshore exchanges, an approach that introduces regulatory, custody, and counterparty risks. ... (full story)