Coinbase Brings 50x Leverage to Base App via Hyperliquid

Coinbase has added perpetual futures to its Base App through Hyperliquid, allowing eligible users to trade with leverage of up to 50x. This move follows a shift in focus from social features towards trading, payments, and AI agents.

The integration provides access to over 290 perpetual futures markets, including Bitcoin and Ethereum, as well as tokenized stocks and commodities. Perpetual futures are derivatives that let traders bet on an asset's price without owning it, offering leverage to control larger positions with less capital.

Coinbase Head of Engineering Chintan Turakhia stated that perps account for roughly 75% of all crypto trading today, making them the single most requested feature from power users. The launch brings advanced trading tools to these users without compromising self-custody.