• Coinbase now offers 24/7 futures trading for XRP, Solana, and Hyperliquid to US traders.
• Coinbase acquired Deribit to grow its crypto derivatives and options trading globally.
• Futures trading volume grows as Coinbase expands altcoin contracts and leverage options.

Coinbase has expanded its crypto derivatives offerings by launching new futures contracts for XRP, Solana, and Hyperliquid. Starting June 1, traders will access XRP and SOL futures around the clock. Hyperliquid perpetual contracts will be available earlier, on June 5. This move extends Coinbase’s existing 24/7 Bitcoin and Ethereum futures trading.

Coinbase Financial Markets has expanded futures trading on its Coinbase Advanced platform, now offering 24/7 access to BTC and ETH futures. The product lineup has been extended to include SOL, XRP, ADA, HBAR, silver, and natural gas, with equity index futures to follow. New…

— Wu Blockchain (@WuBlockchain) May 29, 2025

First U.S. CFTC-Regulated Exchange Offering 24/7 Futures

Coinbase now stands as the first U.S. exchange regulated by the CFTC to provide continuous crypto futures trading. This aligns with the always-active nature of digital asset markets. 

The contracts will be available on Coinbase Advanced and Coinbase International Exchange platforms. Traders can use up to 20x leverage. Settlement options include U.S. dollars or the USDC stablecoin, offering greater flexibility.

Broader Crypto Derivatives Strategy

The expansion is part of Coinbase’s strategy to meet rising demand for crypto derivatives from retail and institutional investors. Futures trading volumes keep growing as traders seek leverage and risk management tools. Coinbase also introduced futures for Cardano (ADA), Hedera, Chainlink, and Binance Coin (BNB). This broadens altcoin access for derivative trading.

Perpetual Contracts for Bitcoin and Ethereum

Coinbase is rolling out perpetual futures contracts for Bitcoin and Ethereum to U.S. customers. These contracts have no expiry date and allow traders to hold positions indefinitely if margin requirements are met. This feature offers more control and flexibility compared to traditional futures.

Acquisition of Deribit to Boost Derivatives Presence

Coinbase made a deal to acquire Deribit, the biggest crypto options platform, for a sum of $2.9 billion. The strong infrastructure and deep liquidity of Deribit will fit well with the future products Coinbase will offer. This acquisition contributes to Coinbase’s plan to develop products and increase operations in areas where derivatives rules are very favorable.

Derivatives now represent more than 75% of global crypto trading volume. Coinbase’s 24/7 futures launch for XRP and SOL aims to capture a larger share of this volume. Extending round-the-clock trading helps close the gap between traditional U.S. trading hours and global crypto markets.

New Futures Trading Volumes Show Early Interest

Recent data shows nano Solana futures led daily volumes with over 23,000 contracts. XRP futures, including nano and standard sizes, combined for more than 13,000 contracts. These numbers indicate growing trader interest despite the recent launch.

In addition to crypto, Coinbase has launched futures for commodities like silver and natural gas. It plans to introduce equity index futures soon. These moves reflect the exchange’s aim to diversify its derivatives offerings.

This expansion places Coinbase at the forefront of crypto derivatives trading. It enhances access, flexibility, and market hours for U.S.-based traders in a rapidly evolving market.