Coinbase Unleashes 50x Leverage on 290 Crypto Perpetual Futures Markets
Coinbase has expanded its offerings by integrating Hyperliquid's perpetual futures engine into its Base App. This integration allows eligible users to trade over 290 crypto perpetual futures markets with up to 50x leverage.
With this move, Coinbase simplifies access for traders by embedding trading directly in their wallet app, eliminating the need for separate wallets or asset bridging.
The Hyperliquid on-chain order book technology offers more transparent and efficient trading compared to traditional decentralized exchanges.
Coinbase also benefits financially as the official USDC treasury deployer on Hyperliquid, increasing USDC circulation and related revenue.