Markets
What to know:
- In a most audacious move, Coinbase has extended the olive branch of perpetual stock futures to non-U.S. traders, inviting them to indulge in leveraged positions on illustrious giants such as Apple, Microsoft, and Tesla, alongside the ever-popular ETFs that track the S&P 500 and Nasdaq indexes. Who knew investing could feel so much like a game of high-stakes poker?
- These contracts trade with the fervor of a restless night, twenty-four hours a day, and are settled in USDC – a currency that promises to be as stable as your uncle’s opinion at family gatherings. Notably, traders can wield leverage up to ten times on single-stock contracts and twenty times on ETFs. What could possibly go wrong?
- This bold initiative is part of Coinbase’s grand ambition to morph into the “Everything Exchange,” a title that surely sounds more impressive when said aloud in a booming voice.
Indeed, Coinbase (COIN) has announced its foray into the realm of perpetual stock futures for the eligible non-U.S. retail and institutional traders, thereby opening the floodgates of its derivatives product line into the vast ocean of U.S. equities.
These contracts bestow upon traders the ability to take leveraged positions on a collection of esteemed U.S. stocks, referred to in hushed tones as the Magnificent 7: Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta, and Tesla. Additionally, perpetual futures linked to the SPY and QQQ exchange-traded funds, which faithfully follow the S&P 500 and Nasdaq 100 indices, are also available in select jurisdictions – truly a feast for the discerning investor.
Unlike those tedious standard futures contracts that expire like a bad dream, perpetual futures enjoy an eternal status. Coinbase’s contracts are cash-settled in USDC, a dollar-pegged stablecoin, as reliable as a clock but without the ticking.
Per Coinbase’s announcement, traders may employ leverage up to a staggering ten times on single-stock contracts and twenty times on ETF products. There’s an undeniable demand for around-the-clock equity exposure, they claim, as if traders have suddenly discovered the joys of sleepless nights spent in front of glowing screens.
The reigning champion of decentralized platforms, Hyperliquid, recently unveiled S&P 500 perpetual futures contracts, becoming a veritable haven for agreements tied to traditional financial instruments, including oil-linked contracts that are trading at all hours-especially amidst the chaos that seems to perpetually reign in the Middle East.
In a fit of brilliance, Coinbase revealed that the product employs the same risk engine that fuels its crypto derivatives markets, complete with cross-margining across perpetual futures and spot positions. Because why not throw all caution to the wind?
This latest endeavor aligns with the exchange’s aspirations to broaden the spectrum of assets available on its platform, all in pursuit of becoming the “Everything Exchange.” One can only hope it comes with a side of fries.
Read More
- Brent Oil Forecast
- Gold Rate Forecast
- Silver Rate Forecast
- Dogwifhat’s Whimsical Waltz: Will the Canine Crown Endure? 🐶💎
- LTC PREDICTION. LTC cryptocurrency
- Russia’s Crypto Shake-Up: Investors Watch the Market
- GBP EUR PREDICTION
- EUR GBP PREDICTION
- VET PREDICTION. VET cryptocurrency
- Coinbase’s Magical Announcement Sends Two Altcoins Soaring 🚀💰
2026-03-20 15:57