Coinbase has expanded its derivatives offering by launching perpetual futures contracts on stocks for non-U.S. traders. The contracts provide synthetic exposure with leverage, allowing price movement trading without owning the underlying shares. These instruments operate continuously, bypassing traditional stock market hours.
Prices are settled in USDC, integrating seamlessly with the crypto ecosystem. Leverage goes up to 10x on stocks and 20x on certain ETFs, with cross-margin between spot and derivatives to improve capital efficiency. Access is available through Coinbase Advanced for individuals and Coinbase International Exchange for institutions, aligning with Coinbase’s broader goal of a unified, multi-asset platform.
This move is part of Coinbase’s broader strategy to consolidate spot, derivatives, and other financial instruments into one global platform. In February, Coinbase expanded stock trading access to U.S. residents via a Yahoo Finance partnership, reinforcing its international ambitions. The platform leverages its Base network and stablecoins to enable seamless navigation across markets.
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