Coinbase Launches Perpetual-Style Futures for Shiba Inu and 10 Other Cryptos in December

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Citing Coinrise, Coinbase Markets announced the launch of perpetual-style futures for Shiba Inu (SHIB) and 10 other cryptocurrencies starting December 5th. The exchange will offer 24/7 trading for altcoins including SHIB, Avalanche, Bitcoin Cash, and Cardano through its derivatives platform. A second phase on December 12th will introduce new perpetual-style futures for U.S. users, expanding access to derivatives despite prior regulatory hurdles. Gemini also announced SHIB perpetual contracts for European users. SHIB is currently trading at $0.000007948, up 3.44% in 24 hours, though trading volume has dropped 36.01%.

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