Coinbase to Launch 24/7 Futures Trading for Major Altcoins

Coinbase Markets is preparing to offer round-the-clock futures trading for a range of leading altcoins, further expanding its footprint in regulated crypto derivatives as demand for continuous access grows.

The move builds on Coinbase Derivatives’ existing always-on markets for Bitcoin, Ethereum, Solana, and XRP, which feature both standard contracts and nano-sized products designed for retail traders.

In addition to 24/7 trading, Coinbase is developing U.S. perpetual-style futures for the same basket of altcoins. These contracts resemble traditional crypto perpetual swaps—using funding rates to keep prices anchored to spot—but will settle on a five-year expiry rather than the indefinite format typically offered offshore.

The exchange first launched 24/7 BTC and ETH futures in May and rolled out long-dated futures in the U.S. in July, making it the first major American venue to offer these structures within a regulated framework.

Currently, most liquidity for non-BTC/ETH futures remains offshore, particularly on platforms like Binance and Bybit. A U.S.-based alternative with stronger institutional access and clearer regulatory oversight could gradually attract more order flow, especially if funding markets stay volatile and continued regulatory pressure shapes offshore activity.