Coinbase to Offer CFTC-Approved Perpetual Crypto Futures in US

### Coinbase Launches CFTC-Approved Perpetual Futures for U.S. Traders

Coinbase has announced that starting July 21, 2025, U.S. users can legally participate in perpetual futures trading on its Coinbase Financial Markets platform, regulated by the CFTC. This access ends a long restriction period.

The introduction of these perpetual-style contracts, which dominate about 90% of the global crypto derivatives market, marks a substantial market shift. Offering advantages of no expiration and leveraging opportunities, this development may redirect trading volumes from offshore markets to regulated U.S. platforms.

U.S. Market Shift Expected with New Crypto Futures Launch

Coinbase Inc. has made a significant move by offering CFTC-regulated perpetual futures in the United States. Announced on July 21, 2025, this launch grants U.S. traders access to BTC and ETH perpetual-style futures through Coinbase’s regulated platform, which promises secure and compliant trading.

With previous restrictions lifted, U.S. traders can now participate in a market responsible for a major portion of global derivatives trading. This shift is expected to drive volume from higher-risk offshore venues to a more controlled environment and enhances the appeal of crypto futures trading.

“We are excited to announce the upcoming launch of U.S. Perpetual-Style Futures on Coinbase Derivatives Exchange, designed to mirror the functionality of global perpetual futures while adhering to U.S. regulatory standards… U.S. Perpetual-Style Futures contracts eliminate the need for offshore workarounds, offering traders a domestic, regulated alternative with the same utility.”
— Official Coinbase Statement, Coinbase Blog

Market Data and Insights

Did you know? The introduction of CFTC-regulated perpetual futures in the U.S. mirrors CME’s 2017 Bitcoin futures launch, which significantly enhanced institutional participation and market legitimacy.

Bitcoin (BTC) currently trades at $118,523.43 with market dominance at 60.35%, showing a 25.94% increase over the last 90 days. BTC’s market cap stands at approximately 2.36 trillion USD, highlighting its significant market influence as reported by CoinMarketCap.

Experts from Coincu predict that this regulated futures launch will enhance institutional trust while solidifying U.S. participation in this critical trading segment. Given historical precedents and regulatory oversight, the development may encourage further innovation and products in the crypto derivatives market.