According to the official announcement, Coinbase has launched the Gold Perpetual Futures (GOLD-PERP) and Silver Perpetual Futures (SILVER-PERP), available to eligible non-U.S. institutional and retail traders. These products can be traded in supported regions via Coinbase International Exchange, coinbase.com, and the Coinbase app. Both products are linear perpetual contracts referenced to 1 troy ounce of physical gold or silver, settled in USDC, with 24/7/365 trading and up to 25x leverage. Coinbase also stated that it is working with the CFTC to transition its gold and silver futures offerings in the U.S. to 24/7 trading.
Coinbase Launches Gold and Silver Perpetual Futures for Eligible Non-US Traders
TechFlowShare
Summary
Coinbase has launched GOLD-PERP and SILVER-PERP perpetual futures for eligible non-U.S. traders, including institutional adoption. These linear contracts reference one troy ounce of gold or silver and settle in USDC. Traders can access up to 25x leverage with 24/7/365 trading. This move follows ongoing crypto news highlighting product expansion. Coinbase is also collaborating with the CFTC to enable 24/7 U.S. gold and silver futures.
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