Coinbase Joins the Perpetuals Party: US Traders Now Get 24/7 Crypto Leverage

Wall Street's sleeping—again. While traditional finance clocks out at 4PM, Coinbase just handed US traders the keys to perpetual futures trading. No expiry dates, no closing bells—just pure crypto volatility on tap.

Kraken blazed the trail, but Coinbase's move signals a tipping point. The last domino has fallen in the race to onboard retail traders into leveraged products. Margin calls incoming?

Behind the glossy interface: a calculated play for derivatives market share. Perps now account for 75% of all crypto trading volume globally. That's not growth—that's an addiction.

Regulators are already sharpening their pencils. Remember when 'crypto derivatives' meant BitMEX and offshore loopholes? Now it's NASDAQ-listed companies offering 20x leverage between coffee breaks.

One question remains: When the liquidations come, will Coinbase's risk engine handle the heat—or will it be another case of 'innovate first, ask for bailouts later'?