Coinbase to Launch MERL Perpetual Contracts on December 18

Coinbase to Launch MERL Perpetual Contracts on December 18

Coinbase will list Merlin Chain perpetual futures, with access for retail and institutional traders on respective platforms, starting 17:30 Beijing time pending liquidity requirements.

Fact Check
The statement is assessed as highly likely to be true, with a high level of confidence. The primary evidence is a direct announcement from the official Coinbase Markets X (Twitter) account, the most authoritative source for this information, which explicitly confirms that MERL perpetual futures trading will launch on December 18. This claim is strongly corroborated by multiple reputable crypto news outlets and data platforms, including Lookonchain, Cryptorank, and U.Today, all of which report the same upcoming listing.There is some minor conflicting information from a less reliable source, Odaily, which mentions the correct date (December 18) but incorrectly states the year as 2025. This error is repeated in another low-quality snippet from the same outlet. However, this is almost certainly a typographical or data feed error, as it is directly contradicted by the official announcement from Coinbase and other consistent, high-quality secondary sources. Several other provided sources are entirely irrelevant and have been disregarded. The overwhelming weight of credible, consistent evidence directly supports the statement, making the minor error in the low-authority sources negligible.
Summary

Coinbase Markets announced it will list Merlin Chain (MERL) perpetual futures on December 18, 2025, with trading scheduled to start at 17:30 Beijing time, dependent on liquidity availability. According to the official statement, retail users in eligible regions can trade MERL perpetual futures via Coinbase Advanced, while institutions in supported jurisdictions can access them through Coinbase International Exchange.

Terms & Concepts
  • Perpetual Futures: A type of derivatives contract with no expiry date, allowing traders to take leveraged positions indefinitely.
  • Liquidity: The ease with which an asset can be bought or sold in the market without affecting its price significantly.
  • MERL: Token representing Merlin Chain, a blockchain project whose perpetual futures will be listed on Coinbase.