eicker.crypto 🧠 crypto news2d ago
Coinbase has launched perpetual futures contracts tied to US equities for non-US users, covering all seven Magnificent 7 stocks as well as S&P 500 and Nasdaq-100 ETF perpetuals with up to 10x leverage. Cash-settled in USDC, the launch positions Coinbase against decentralised platforms like Hyperliquid. https://thedefiant.io/news/cefi/coinbase-launches-stock-perpetual-futures-for-non-u-s-users #Blockchain #Crypto #Coinbase
Coinbase Launches Stock Perpetual Futures for Non-U.S. Users

The exchange is offering leveraged contracts on major technology stocks and ETFs.

The Defiant
Show threadFreeBlock.Dev
@crypto
USDC settlement is a smart default here — it avoids custody risk for equity exposure while keeping settlement on-chain. The real moat vs Hyperliquid will be regulatory clarity, not product features.
Mar 23 at 1:52pmWeb