Overview
- Coinbase introduced live gold and silver perpetual futures for eligible users outside the United States on Coinbase International Exchange and supported consumer apps.
- The contracts do not expire and settle profits and losses in USDC, giving continuous commodity access on crypto‑style trading rails.
- Traders can use up to 25x leverage, and Coinbase says the platform includes built‑in risk controls for both retail and institutional users.
- Coinbase says it is working through Coinbase Derivatives Exchange with the CFTC to make the products available to eligible U.S. customers, so domestic access remains pending.
- COIN shares slipped about 1.02% to $195.73 during the session, with coverage reading the drop as cautious investor reaction to the expansion beyond crypto.