Key Takeaways:
Coinbase recently introduced 24/7 trading stock perpetual futures contract to international tradersETFs can utilize leverage up to 20 times, single stocks up to 10 times, all of them can be paid by USDCThey are putting in place a reward pool of $200k and reducing charges in a limited period.
The latest product that Coinbase is venturing into more closely relates to derivatives in the form of a blend of its crypto holdings with ordinary stocks. This is simply a shift of addressing the international yearning of round the clock market activity. The start-up demonstrates an enormous change: the traders are interested in having an exposure to stocks without having to wait till the market opens.
Read More: Coinbase Launches Regulated Crypto Futures in 26 European Markets With 10x Leverage
24/7 Access to U.S. Stocks via Crypto Rails
Coinbase has rolled out stock perpetual futures, allowing eligible non-U.S. users to trade synthetic exposure to major U.S. equities at any time; they are also 24/7 contracts (even during weekends) unlike the traditional markets that have fixed hours. The traders are able to strike the market when a macro story, earnings, or any some breaking news occur.
Stop waiting for the opening bell.
Trade stock perpetual futures 24/7 on Coinbase.
Get exposure to the Mag 7 and major ETFs every day of the week.React to news as it happens, not when the exchange opens.
Live now for eligible traders outside the U.S. pic.twitter.com/53YVLvXnKK
— Coinbase 🛡️ (@coinbase) March 20, 2026
The product includes exposure to the “Magnificent 7” stocks: Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta, and Tesla alongside ETF-based contracts like S&P 500 and Nasdaq trackers. Every trade is being settled in USDC which is why the stablecoin belongs to the system.
Leverage, Margin, and Trading Mechanics
These contracts allow you to trade leverage – as much as 10 times the value on individual stocks and 20 times on ETF futures.
Built on Crypto Derivatives Infrastructure
Coinbase operates on the same platform as its crypto futures. This allows users to administer both spot and futures collateral. It also enhances the utilization of capital and thus traders are not required to transfer money across markets at all times.
The trade provides good risk management which is intended to introduce further order to a market that has largely been developed within the framework of Decentralized Finance technologies.
Read More: Hyperliquid Crushes Coinbase in Oil Futures Trading With $991M Volume in 24 Hours
Competing With DeFi and Expanding Product Scope
The need to have an instant stock exposure has increased particularly in areas that can find access to U.S. markets difficult or costly. A large part of this trading occurs in Decentralized Exchanges. The launch also fits into Coinbase’s broader strategy to build an “everything exchange,” where users can trade crypto, traditional assets, and derivatives in one place.
Incentives: $200K Reward Pool and Fee Discounts
Coinbase created a pool of rewards of $200,000 in USDC to acquire early users. The traders must trade $1 million at least in the campaign to receive a reward. The bonuses are awarded regarding the volume of trade completed and the highest bonus is worth $10,000 per individual.
During the first week, Coinbase will provide a 3x volume boost thereby enabling individuals to earn more at a rate. Meanwhile, the commission is reduced to 0% and 0.01% to makers and takers respectively, which makes it more affordable to active traders. Not all places are allowed, among other places being the U.S., U.K., Singapore, India, and Australia.
