Coinbase Launches Stock Perpetual Futures for Non-US Users Amid $1.2T Perps Volume

Coinbase has launched stock perpetual futures for eligible non-US users, expanding its offering of crypto, equities, and prediction markets.

The launch comes as perpetual futures have gained broader adoption, with monthly volumes on decentralized exchanges exceeding US$1.2 trillion in 2025, as investors used perps to manage risk amid flat spot markets.

“Everything Exchange” Adds Equity Perpetuals Abroad

The company said in a blog post on Friday that the product is not available to US persons at this time, but it is “working to expand this offering to additional regions in the future.”

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The contracts are accessible on Coinbase Advanced for retail users and Coinbase International Exchange for institutions. They provide leveraged, cash-settled exposure to major US stocks and indices, including Apple and Nvidia, in a format familiar to crypto traders.

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The launch follows Coinbases earlier moves to offer regulated crypto futures and 24/5 cash equities in the US, alongside Kalshi-powered prediction markets in all 50 states. The company has described its platform as an “everything exchange” where users can switch between tokens, stocks, and event contracts.