Keynote
The platform will become America’s first major exchange to offer regulated, permanent derivatives, eliminating the need for offshore trading risk. InitialContract features Nano Bitcoin at 0.01 BTC and Nano Ether at 0.10 ETH, providing exposure exploited in the capital efficiency advantage.
Coinbase is scheduled to launch its suite of “US Permanent Style Futures” trading products on July 21, 2025. The move will make CONBase the first major exchange within the US under CFTC’s regulatory surveillance.
According to an announcement on the official blog, the new contract initially supports Nano Bitcoin (0.01 BTC) and Nano Ether (0.10 ETH) positions, tracking market prices in the 24th hour while enabling both leverage and capital efficiency.
Coinbase CEO Brian Armstrong confirmed the news of X and announced that permanent style crypto futures will arrive in the US on July 21, as a fully CFTC-compliant product dedicated to Coinbase, directly addressing user demand.
You asked for it, we made it.
Permanent style crypto futures arrive in the US on July 21st.
Start with $btc and $eth. There is no quarterly expiration date. Available 24/7 with spot price tracking. Fully CFTC compliant.
Coinbase🫡pic.twitter.com/2df9coauio only available
– Brian Armstrong (@brian_armstrong) June 26, 2025
Coinbase is expected to be the first of several derivative product expansions planned for 2025, as it aims to challenge dominant players such as Binance and Bybit in global derivative trading.
Coinbase aims to close regulatory gaps in the crypto derivatives market
Current regulatory restrictions have transformed American traders into offshore platforms for historically permanent exposure, introducing counterparties and compliance risks. This product is provided through Coinbase Derivatives Exchange and is granted access through Coinbase Advanced and facility APIs.
Boris Ilyevsky, head of Coinbase Derivatives, described the launch as a “major milestone” for US crypto market infrastructure
“The offering represents a major milestone in providing US traders who regulate access to Crypto’s most widely used product structures with access to the same capital-efficient products that are used globally, but are used within a fully regulated environment,” Ilyevsky said.
The new product line reflects the global success of permanent futures, which accounts for more than 90% of all crypto derivative transactions, while addressing key gaps in the US market.
Coinbase’ US Permanent Style Futures will be constituted as a five-year long-term agreement with hourly funding rates, 24-hour trading and twice-day cash settlement windows to ensure adjustments with spot pricing.
BTC Bull Tokens Get More Powerful as Coinbase Extends Bitcoin Derivative Access
When Coinbase is preparing to launch CFTC-regulated permanent futures for Bitcoin
BTC
$107 439
24-hour volatility:
0.2%
Market Cap:
$2.14 t
Vol. 24H:
$23.70 b
traders are also paying attention to the BTC Bull Token ($btcbull) pre-event. The token is designed to reward holders with Bitcoin as BTC climbs. With more than $7.4 million in raise, BTC Bull offers staking rewards and airdrops triggered by Bitcoin price milestones, including large payments at BTC of $250,000.
Built on Ethereum and audited by Coinsult, Token combines Meme Coin’s appeal with the Bitcoin Aligned Rewards model. Its supply combustion mechanisms and high-yield staking agreements have attracted attention from investors seeking increased leverage tied to Bitcoin’s long-term performance.
The final stage of the pre-sale is currently live. Please visit the official BTC Bull website to secure your token before the sale ends.
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Disclaimer: Coinspeaker is committed to providing fair and transparent reporting. This article is intended to provide accurate and timely information, but should not be considered financial or investment advice. Market conditions can change quickly, so we recommend that you review your information yourself and consult with an expert before making a decision based on this content.
Ibrahim Ajibade is a veteran research analyst with a background in supporting a variety of Web3 startups and financial organizations. He holds a bachelor’s degree in economics and currently holds a master’s degree in blockchain and distributes ledger technology at the University of Malta.
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Marco T. Lanz of X
