Coinbase Derivatives Launches S&P 500 Perpetual Futures

Coinbase Derivatives is expanding its offerings in the world of equity index futures. The platform will begin trading US500 Equity Index Perp-Style Futures on August 17, giving traders leveraged access to the S&P 500 through a crypto-native platform.

The contract mirrors the broadest and most liquid US equity benchmark available and offers up to 20x leverage. This means traders can control $20 worth of exposure for every $1 of margin posted.

This is the latest development in Coinbase Derivatives' efforts to expand its product lineup, which includes Mag7 + Crypto Equity Index Futures launched on September 22, 2025. These products combine positions in top tech stocks and crypto assets within one instrument.