Coinbase Expands Derivatives Offerings with 24/7 Gold and Silver Futures

Coinbase has expanded its derivatives offerings with the launch of 24/7 gold and silver perpetual futures.

The products, which settle in USDC, are designed to bring commodity exposure onto crypto-style trading rails, allowing traders to access these assets without the need for traditional market hours. The exchange's move is part of a broader plan to build an 'Everything Exchange' across crypto and traditional markets.

Both gold and silver perpetual futures will be available on Coinbase's International Exchange and consumer platforms in supported markets. The contracts trade without expiry dates, offering traders direct profit and loss settlement in a stablecoin.