Coinbase has filed paperwork to bring perpetual futures contracts on individual US stocks to the American market, with plans for 24/5 trading. These proposed contracts are still under regulatory review and need the green light before launch. If approved, it would mark a major step in expanding Coinbase’s derivatives offering beyond just crypto, adding traditional assets to its exchange infrastructure.

What Coinbase Is Pitching

The exchange wants to roll out perpetual futures on single-name stocks. The idea is to offer 24/5 trading—so, basically, round-the-clock action on weekdays. Unlike standard futures, these perpetuals don’t expire, and they use a funding mechanism to keep pricing continuous. That means traders can manage positions flexibly without having to roll contracts over.

Why This Could Matter for the Market

If this goes live, traders would get access to derivatives on individual stocks outside normal market hours, which could boost liquidity and let players react fast to breaking news. For the digital asset ecosystem, it’s another sign that the wall between crypto platforms and traditional finance is getting thinner, as crypto-native trading tech and know-how start to cross over into mainstream assets.

What’s Next

The contracts are still waiting on regulatory approval in the US. Until the review wraps up and the green light is given, there’s no launch date or final details. The future of this initiative will depend on how regulators ultimately rule.