Coinbase Derivatives to Add Seven New Assets to US Perpetual Futures

The expansion will include PAX Gold, Zcash, 1k Pepe, Aave, ONDO, Ethena, and NEAR Protocol, broadening market access for perpetual futures traders in the United States.

NEAR
AAVE
PEPE

Summary

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Terms & Concepts
  • Perpetual Futures: A type of futures contract without an expiry date, allowing traders to hold positions indefinitely while paying periodic funding fees.
  • Coinbase Derivatives: A trading platform operated by Coinbase offering regulated derivatives products such as futures contracts to U.S.-based traders.
  • PAX Gold (PAXG): A cryptocurrency backed by physical gold, allowing holders to own fractional amounts of gold through a digital token.