Coinbase Expands Perpetual Futures Trading with New Token Listings

Thursday, February 6, 2025 12:00 AM
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Coinbase Expands Perpetual Futures Trading with New Token Listings cover

Coinbase, the leading cryptocurrency exchange in the United States, has recently announced the addition of trading support for perpetual futures on three tokens: Pudgy Penguins, Popcat, and Helium. This announcement was made on February 6, with trading for these perpetual futures set to commence on or after 9:30 a.m. UTC on February 13, 2025. The new trading options will be available on both the Coinbase International Exchange and Coinbase Advanced platforms, catering to non-U.S. institutions and eligible retail users in select jurisdictions.

The introduction of perpetual futures for PENGU, HNT, and POPCAT is part of Coinbase’s broader strategy to expand its offerings. On the same day, Coinbase also launched perpetual futures for Berachain (BERA), marking a significant addition to its trading portfolio. The BERA-PERP market went live at 17:00 UTC, coinciding with the recent mainnet launch and token generation event for Berachain. The price of BERA experienced a notable surge following its introduction, with listings on major exchanges like Binance and Coinbase being pivotal for its market performance.

In addition to the newly listed tokens, Coinbase has previously launched perpetual futures for other cryptocurrencies, including Tezos, Axie Infinity, and MultiversX. The AXS-PERP, XTZ-PERP, and EGLD-PERP markets are now operational, offering various order types such as limit, market, stop, and stop-limit orders. This expansion reflects Coinbase’s commitment to enhancing its trading ecosystem and providing users with diverse investment opportunities in the rapidly evolving cryptocurrency landscape.

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