Coinbase Derivatives to expand 24/7 futures trading for bevy of altcoins including ADA, AVAX, DOGE and SHIB

Coinbase Derivatives is planning on expanding 24/7 trading for its listed altcoin futures, including Avalanche, Bitcoin Cash, Cardano, Chainlink, Dogecoin, Hedera, Litecoin, Polkadot, Shiba Inu, Stellar, and SUI. Nonstop trading for these assets will go live Dec. 5, according to a post on X from Coinbase Markets. This adds to Coinbase Derivatives existing 24/7 support for Bitcoin, Ethereum, Solana, and XRP products, including nano and “perp-style” futures products. Additionally, Coinbase is looking to add U.S. perpetual-style futures for those altcoins, according to the X post on Friday. These long-dated futures are similar to other crypto-native perps contracts in that they use a funding rate mechanism to keep futures contract prices aligned with spot markets. However, they come with a five-year expiration, while true perps are indefinite. Coinbase’s CFTC-regulated derivatives arm unveiled 24/7 Bitcoin and Ethereum futures trading in May and perps-style futures in July. The product launches followed shortly after Coinbase’s historic $2.9 billion acquisition of Deribit.Coinbase’s expanding futures offerings come as more and more trading activity shifts to decentralized platforms like Hyperliquid and Lighter. The Block’s measure of DEX to CEX Futures Trade Volume is currently at an all-time high. Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.