Odaily Planet Daily reports that Coinbase posted on X that users can now trade directly on Coinbase stocks from the 500 largest companies. Its next stock index perpetual-style futures product, US500, will launch on August 17 for U.S. traders, enabling long or short exposure to the overall U.S. large-cap stock market.
Coinbase to Launch US500 Stock Index Perpetual-Style Futures for U.S. Traders on August 17
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Summary
Coinbase will launch US500 perpetual futures on August 17 for U.S. traders, enabling long or short exposure to the 500 largest U.S. stocks. The product follows a perpetual futures structure, providing 24/7 on-chain trading signals and price tracking. Users can now trade the index without holding the underlying assets.
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