Coinbase has launched the "Coinbase Champions Cup: India," a perpetual futures trading contest for users in India. The prize pool currently stands at 50,000 USDC and can scale to about 350,000 USDC, or roughly ₹3.3 crore, depending on participants' cumulative perpetual futures trading volume. Eligible participants must be legal residents of India, be at least 18 years old, open a Coinbase Advanced perpetual futures account, and complete at least 100 USDC in trading volume in the designated contest account.