Coinbase to Launch Yield Basis Perpetual Contracts on October 15
Coinbase confirms the launch of Yield Basis (YB) spot trading, with the YB-USD pair expected to open later today in supported regions based on liquidity conditions.
Summary
Coinbase confirmed its plans to roll out Yield Basis (YB) spot trading, stating that the YB-USD pair could open later today in supported regions, depending on liquidity conditions. The exchange emphasized that trading will only begin once adequate liquidity is ensured, maintaining its standard approach to new listings. This development follows Coinbase’s ongoing efforts to expand its asset offerings, including the prior announcement of YB perpetual contracts set for launch on October 15.
Terms & Concepts
- Yield Basis: A financial metric or token associated with interest rate differentials or yield spreads, often used in DeFi or derivative markets.