Coinbase Advanced adds pre-IPO perps, stock and crypto options

The platform also introduced thematic index perpetuals, global crypto derivatives and a unified global liquidity pool in a product expansion pitched as making the exchange more comprehensive for traders.

Summary

Coinbase Advanced said it has expanded its trading lineup with pre-IPO perps (perpetual futures with no expiry), options for stocks and crypto, thematic index perps, global crypto derivatives and a unified global liquidity pool. The company also described Coinbase Advanced as now being fully modular, framing the rollout as a broad push to make its trading venue a more all-in-one exchange for active traders.

Terms & Concepts
  • pre-IPO perps: Perpetual futures tied to private companies before public listing.
  • thematic index perps: Perpetual contracts tracking a basket built around a market theme.
  • unified global liquidity pool: Shared trading liquidity combined across markets or regions.