Coinbase Brings Oil Perpetual Futures to Market with WTI and Brent Launch

Coinbase Markets has announced the launch of crude oil perpetual futures on its platform. The new products, WTI (West Texas Intermediate) and Brent crude oil perpetual futures, are set to go live on August 3, 2026, at 9:00am UTC.

These perpetual futures contracts will allow traders to maintain positions for significant time periods, leveraging funding mechanisms to align with the core asset. This is in contrast to conventional futures contracts, which have a predetermined expiration date.

The inclusion of WTI and Brent crude oil perpetual futures marks another step in Coinbase's expansion of its derivatives offerings, demonstrating the exchange's plan to widen access beyond crypto and digital assets.

WTI and Brent are widely followed oil benchmarks that play a significant role in defining oil prices across energy markets globally. The launch is expected to attract institutional traders looking for different financial tools to capitalize on energy price fluctuations or hedge diverse price risks.