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Coinbase Derivatives to Launch BNB and HYPE Futures on June 8

According to Coinbase Derivatives, monthly futures and perpetual-style futures for BNB and HYPE are scheduled to begin trading on June 8.

BNB
HYPE

Summary

Coinbase Derivatives said it will add futures tied to BNB and HYPE on June 8. The planned lineup includes monthly futures and perpetual-style futures (contracts designed to track spot prices without traditional expiry) for both assets. The announcement signals an expansion of crypto derivatives offerings on the U.S.-regulated trading venue and gives market participants additional ways to gain exposure or hedge positions using listed futures.

Terms & Concepts
  • Perpetual-style futures: Futures-like contracts that are structured to provide ongoing market exposure without the standard fixed expiration date of traditional futures.
  • Crypto derivatives: Financial contracts whose value is linked to digital assets, commonly used for hedging, speculation, or managing portfolio exposure.
  • BNB: The native token associated with BNB Chain, widely used for network fees, trading-related functions, and other ecosystem activity.