Coinbase has reportedly integrated Hyperliquid perpetuals into its Base App and added crypto long positions with up to 50x leverage, according to a social media report. The move fits Coinbase’s strategy of connecting centralized exchange users with decentralized markets, particularly Hyperliquid, a leading venue for on-chain perpetuals. Market pricing for a potential Base token launch by December 31, 2026, shifted toward a YES outcome, with odds rising from 6% to 6.5%. The addition could increase exchange activity and market engagement, although its effect on broader market dynamics and sentiment remains uncertain. Observers will monitor Coinbase announcements about Base’s ecosystem, regulatory updates that could facilitate a token launch, trading volumes and further changes in prediction-market odds. The analysis is powered by Vera.