Coinbase Brings 500 Top US Stocks Into One Cryptocurrency Contract

Coinbase has launched US500 Perps, a derivatives contract that allows traders to gain exposure to 500 top U.S. companies in one perpetual-style contract.

The product is now available on Coinbase Derivatives and enables traders to go long or short on the basket of stocks without needing to own the underlying assets.

US500 Perps packages a wide selection of large-cap U.S. stocks into one derivatives contract, providing perpetual-style exposure to the entire U.S. large-cap economy.

Coinbase has emphasized that futures trading carries risk of loss and may not be suitable for all investors, cautioning traders to understand the product's characteristics before investing.