Coinbase announced the addition of perpetual futures to its Base app through an integration with Hyperliquid, allowing eligible users to trade with leverage of up to 50x. The integration provides access to over 290 perpetual futures markets, including Bitcoin, Ethereum as well as tokenized stocks and commodities. Perpetual futures represent approximately 75% of total cryptocurrency trading volume and were the most requested feature by Base’s most active users. The product is not available in the United States, United Kingdom, Canada, or other jurisdictions restricting leveraged crypto derivatives. This initiative marks a strategic shift for Base, moving away from social features to focus on trading, payments, and AI agents.
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