Retail investors in the US have been waiting! Coinbase has launched the Perptual Futures market, emphasizing compliance with CFTC regulations.

Coinbase officially launched its Perptual Futures trading service yesterday, claiming full compliance with the Commodity Futures Trading Commission (CFTC)'s regulatory requirements. This move allows American retail investors to participate for the first time in this globally significant crypto assets leveraged derivation market on a Compliance platform, symbolizing an important institutional breakthrough in the American crypto market.

Breaking through regulatory walls: Coinbase launches Perptual Futures trading in the United States.

In the past few years, American investors could only watch as overseas traders freely used perpetual futures on offshore exchanges like Binance or Bybit to conduct leveraged risk hedging and enhance returns, while being kept out due to local regulatory restrictions. Now, Coinbase has become the first U.S. exchange approved by the CFTC to allow retail investors to participate in Crypto Assets perpetual futures.

The wait is over – 永續合約 have arrived in the U.S.

→ No monthly expirations → Trade with up to 10x leverage → Fees as low as 0.02%

現在您可以在Coinbase Financial Markets上進行永續合約交易，這是一個安全且受美國商品期貨交易委員會監管的平台。 pic.twitter.com/627ZOPTTzG

— Coinbase Futures (@cbFutures) July 21, 2025

This brand new service is launched by Coinbase Financial Markets (CFM), emphasizing compliance, security, and retail investor friendliness. Users can now quickly activate the derivation features through their existing Coinbase accounts.

(Coinbase is set to launch Perptual Futures trading in the United States, emphasizing Compliance with CFTC standards)

Product design targets retail investors: low threshold, high flexibility, easy to use.

Coinbase initially launched two Futures Trading products: the nano BTC-PERP based on Bitcoin and the nano ETH-PERP based on Ethereum, designed with smaller units to lower the capital threshold, helping retail investors participate in mainstream Crypto Assets leverage trading with less capital.

The announcement pointed out that these contract products have three main features:

No monthly expiration date: The contract is designed with a "5-year long-term period", simulating the logic of an unlimited holding period, eliminating the hassle of rolling over traditional futures, and making trading strategies more flexible.

Up to 10x leverage: Supports leveraged operations to enhance capital efficiency. For metal futures such as silver and gold, it can also enable up to 20x leverage.

Transaction fees as low as 0.02%: creating the most competitive entry threshold and trading costs in the market.

Competition between Coinbase and Kraken is becoming increasingly fierce.

Coinbase is not the only player entering the U.S. compliance contract market. In April of this year, Kraken launched its own CFTC-regulated Forex Perptual Futures contracts through the Kraken Pro platform. It is clear that both companies are eager to carve out a share of this large but long-restricted market in the derivation field.

The competition between these two established American exchanges goes far beyond that. From one-stop wallet applications to the tokenized market for US stocks, Kraken was the first to collaborate with Backed's xStocks product to launch tokenized US stock trading, and then released the payment application "Krak App", which focuses on instant payments, asset management, and yield accounts.

(Kraken launches Krak App: One-click cross-border crypto payment, idle funds can also earn 10% return)

Subsequently, Coinbase indicated that it is seeking approval from the Commodity Futures Trading Commission (SEC) to provide tokenized stock services; and its subsidiary Coinbase Wallet integrated the Base L2 ecosystem for brand rejuvenation, upgraded to the "Base App", combining social media, instant trading, AI assistants, and USDC payment among various application scenarios.

( From Wallet to Super App: Coinbase Launches Base App, Integrating On-Chain Social and Payment New Entry )

Nowadays, Perptual Futures are gradually landing in the United States, and local retail investors finally have a safe and legal channel for derivation trading, symbolizing a key step for the crypto market to move from the "gray area" into an institutional framework.

This article has been long awaited by American retail investors! Coinbase has launched a Perptual Futures market, emphasizing Compliance with CFTC regulations, first appearing in Chain News ABMedia.