Overview
- Coinbase activated round‑the‑clock trading on its Coinbase Derivatives Exchange for U.S.‑regulated gold and silver futures and listed one troy ounce gold and 50 troy ounce silver contracts.
- Eligible U.S. traders can trade the new contracts only through participating broker platforms, with Coinbase naming firms such as Interactive Brokers and NinjaTrader as distribution partners.
- The 24/7 schedule departs from normal commodity hours by allowing trading on weekends and holidays and gives traders more time to respond to economic data and geopolitical headlines.
- The products are regulated commodity futures for domestic users, differing from Coinbase’s earlier non‑U.S. perpetual metals contracts that settled in the stablecoin USDC.
- Coinbase says the launch fits its 'Everything App' strategy and could lower access barriers for retail and professional traders while changing how price discovery works in metals markets.