Coinbase Expands Derivatives Business with US500 Perpetual-Style Futures

Coinbase has expanded its derivatives business by launching a new perpetual-style futures product called US500. This will allow eligible U.S. traders to speculate on the performance of America's largest publicly traded companies through long and short positions.

The US500 is designed to track the performance of the 500 largest publicly traded American companies, giving investors a flexible way to gain exposure to equity market movements without purchasing individual stocks.

Coinbase has been expanding its product offerings in recent years, moving beyond cryptocurrency trading to include services such as institutional custody, staking, stablecoin infrastructure, and derivatives products.