Crypto perpetual futures finally come to America — accumulate Coinbase before the launch
The main U.S. derivatives regulator just said crypto perpetual futures contracts — a wildly popular trading product that until now only existed on offshore exchanges — can now be offered on U.S. platforms like Coinbase.
Idea
Perpetual futures are the most-traded crypto product in the world, with hundreds of billions in daily volume — but almost all of it happens on offshore exchanges like Binance. Bringing this product onshore to regulated U.S. platforms is a huge revenue opportunity for Coinbase, which was specifically named as a beneficiary. Coinbase stands to capture significant new trading fees and attract users who previously had to use foreign platforms. This is a structural, not temporary, catalyst — the revenue impact will build over months as these products launch and gain traction.