Coinbase Expands Crypto Derivatives with New Futures Contracts
Coinbase has announced the addition of new futures contracts for Solana and Hedera. This move, revealed on February 18, aims to broaden the company’s presence in the crypto derivatives market.
The new offerings include Solana (SOL) Futures, with contracts of 100 SOL and nano Solana Futures at 5 SOL. Hedera (HBAR) Futures will be available at 5,000 HBAR per contract. These additions cater to different trader preferences, enhancing coinbase’s futures market diversity.
Additionally, Coinbase is launching EURC-USDC perpetual futures on its International Exchange. This provides 24/7 access to Euro price exposure with up to 20x leverage. Traders can now enjoy more adaptability in global markets.
With these updates,Coinbase now offers 19 futures contracts,including major assets like Bitcoin,Ethereum,and Dogecoin.
The new contracts have Coinbase’s regulatory backing from the U.S. Commodity futures Trading Commission. This strengthens its position as a leader in the crypto derivatives market.
Coinbase Financial Markets, a fully regulated Futures Commission Merchant, will support institutional clients in managing their digital asset exposure.